Topic: [ANN]🔵🔵 OYSTER 🔵🔵 Anonymous Storage Generates Revenue for Websites - page 174. (Read 73403 times)

The data will be stored on the IOTA tangle.  The clients are used for interaction with the tangle.  The tangle has some scalability challenges ahead but is one possible decentralized storage solution.  Oyster combines IOTA tangle for storage with and Ethereum token to pay people who interact with the tangle on behalf of website hosts to store their data.

Am I understanding somewhat correctly?

I am trying to add Oyster to Myetherwallet, does anyone have the contract address and decimals?

The data will be stored on the IOTA tangle.  The clients are used for interaction with the tangle.  The tangle has some scalability challenges ahead but is one possible decentralized storage solution.  Oyster combines IOTA tangle for storage with and Ethereum token to pay people who interact with the tangle on behalf of website hosts to store their data.

Am I understanding somewhat correctly?

Readed the whitepaper, its impressive and I got to read it 1 or 2 times more to understand the whole concept.

A question what i didn't find or understand in the whitepaper is where all the data is storages.

I love the concept but worry about uptake and privacy?

Have subscribed as would love to keep in the loop to see how this is adopted by the market.

Thanks

pretty slick concept! do you have a bitcointalk thread for airdrops and bounties?

Your introduction video does a great job at explaining the basic concept, although for webmasters (especially ones who are unfamiliar with blockchain technology), it'd be great if you could elaborate on the implementation of the code snippet. Also, for those without in-depth knowledge on blockchain-based advertising possibilities, it'd be good to draw comparisons between Oyster and similar projects such as the Basic Attention Token. Thank you.

ICO Alert: Other than combining multiple features, what makes Oyster better than competition who are also trying to revolutionize the storage or advertising space?


Oyster: Oyster competes with other projects on two fronts, website monetization and decentralized storage. I contest that it is better on both of those fronts, I will first explain the website monetization aspect. The most well-known example of a token that attempts to solve the issues of the digital advertising industry is BAT (Basic Attention Token). The BAT team designed their own browser called Brave, which tracks user attention to advertisements.

The first issue with BAT is the unrealistic expectation that any significant number of users would ditch Google Chrome and other popular web browsers to install Brave. The user is more likely to simply install Ad Block Plus instead of switching to Brave. With Oyster, deployment is simple as website owners need only add one line of code without having to go through any registration nor approval. The Oyster network is completely decentralized so no one can block them from generating revenue. The Oyster web client is easy to access without requiring large software changes on behalf of the user.

The second issue with BAT is that adverts are still distracting and invasive. These ads take up precious pixel space, often break the content and design continuity of websites, and are rarely politically neutral. Adverts must always be manually interpreted and approved for ethics compliance, therefore the system can never be fully decentralized. In contrast, adding Oyster to a website only shows a small notice for user consent therefore respecting the aesthetics and neutrality of the website.