We all know the buzzwords we hear everywhere now of the new technologies that will change our world as we know it, IOT, AI, 3D Printing, Big Data, and so on. But there is one in specific that I really love.
- Self-governed, not influenced or controlled by others.
- Open-source, having the source code freely available for possible modification and redistribution.
- Peer-to-peer, relating to, using, or being a network by which computers operated by individuals can share.
Blockchain, a digital database containing information that can be simultaneously used and shared within a decentralized, publicly accessible network directly without relying on a dedicated central server.
Novusphere is a free, decentralized, self-governed, open-source, peer to peer sharing application built on top of the blockchain named EOS.
EOS is a blockchain technology with upcoming features such as parallel processing, constitutional governance, smart contracts, and is very similar to a decentralized operating system. The EOS system provides a decentralized platform of accounts, authentication, databases, asynchronous communication and the scheduling of applications across multiple CPU cores and/or clusters. The resulting technology has the potential provide millions of transactions per second, eliminates user fees and allows for quick and easy deployment of decentralized applications including Novusphere.
One of the blockchain’s most prominent features is that it can provide trust in a network without the need for a central authority. This is the primary reason why the distributed ledger technology that underlies is the ideal innovation to be applied to create a truly decentralized, peer-to-peer sharing economy. One of the most important things to know about Novusphere is its ability to be uncensored or modified by anyone other than the users themselves.
The emergence of the P2P network and the central role it plays within blockchain technology could be seen as welcoming a new system of communication. With blockchain trust, all-powerful third parties are no longer needed, as users can deal directly with one another across Novusphere a secure and distributed censorship-resistant network.
The P2P architecture was originally brought into mainstream use by the file sharing application Napster in 1999, where files such as music or film were stored across multiple computers. A simple example would be a user wanting to download an album. Each “peer” on the network would send the downloader a portion of the album, say a single song for example. At the same time, the downloader would also be uploading the files that they are receiving, or have already received, to other parties who were also downloading the album. This was very popular and undeniably effective.
With a blockchain, software applications no longer need to be deployed on a centralized server. They can be run on a peer-to-peer network that is not controlled by any single party. These blockchain-based applications, such as Novusphere, can be used to coordinate the activities of a huge number of individuals, who can organize themselves without the help of a third party. Blockchain technology is ultimately a means for individuals to coordinate common activities, to interact directly with one another, and to govern themselves in a more secure and decentralized manner.
Blockchain technology thus facilitates the emergence of new forms of organizations, which are not only dematerialized but also decentralized. These organizations, which have no director or CEO or any sort of hierarchical structure is administered, collectively, by all individuals interacting on a blockchain. As such, it is important not to confuse them with the traditional model of “crowd-sourcing,” where people contribute to a platform but do not benefit from the success of that platform. Blockchain technologies can support a much more cooperative form of crowd-sourcing — sometimes referred to as “platform cooperativeness”— where users qualify both as contributors and shareholders of the platforms to which they contribute. And since there is no intermediary operator, the value produced within these platforms can be more equally redistributed among those who have contributed to the value creation.
There are already a fair number of applications that have been deployed on a blockchain. Akasha, Steem.io, or Synereo, for instance, are distributed social networks that operate like Facebook, but without a centra
form like for example, Novusphere. Instead of relying on a centralized organization to manage the network and stipulate on which content should be displayed to whom (often through proprietary algorithms not disclosed to the public), Novusphere and platforms like it are run in a decentralized manner, aggregating the work of disparate groups of peers, which coordinate themselves, only and exclusively, through a set of code-based rules enshrined in a blockchain. People must pay micro-fees to post onto the network, which will be paid to those who contribute to using, maintaining, and operating the network essentially making it free.
Now to get a little less technical. Novusphere users view anything on the network for free and can request anything not yet on the network by placing a bounty. The bounty can then be claimed by any user only after existing users evaluate it for quality and add the desired content to the network. This is where the ATMOS token comes into play.
ATMOS uses a very sophisticated system including a side chain to ensure privacy, security, and anonymity. As well as utilizing staking within a wallet it also uses a zero-fee model. Which will be highly appreciated by all of the users within the system. And while utilizing the underlying blockchain EOS, Novusphere will be seamless and wonderful to use platform with multi-million transaction capabilities per second.
This is a very simple explanation of the Novusphere platform as there are many more technical features of the system. Novusphere is breaking a barrier that many have failed at pushing through, but it will be accomplished with ease, privacy, and most important a group of peers sharing all the things they wish without outside interference. It’s time to share without censorship or heavy influence and Novusphere is leading the way.
More information may be obtained at for EOS, Novusphere, and blockchain at multiple websites such as
Beta Test the EOS Forum here – https://eos-forum.org/#/