Foresting
Foresting is a brand new social media from Korea and based on Ethereum blockchain or erc20 blockchain. FORESTING, a new concept of social media, distributes the revenue generated by the content to
all users who contribute to it. In FORESTING, content creators no longer have to rely on the funds
from followers and advertisers. Instead, users can benefit economically just by getting ‘Likes'
through the use of blockchain technologies and cryptocurrency. Blockchain technologies
enable users to support content creators without losing anything, and users can also tap on
incentives to post comments to other content creators or to 'Like' them.
Contest Reward
Core Features
- User-Friendly UX/UI
As a blockchain based social media service, FORESTING’s goal is to provide users with an easy
and convenient service, like on traditional social media platforms, while also providing real-time
measurements and transactions of their content values. The platform also aims to provide a
service that is intuitive to users, rather than a service that requires them to be aware of difficult
concepts, like blockchain technology and cryptocurrency. For this purpose, we will provide a
service equipped with the best UX/UI. In addition, the platform supports voluntary activities such
as registering, withdrawing, and deleting posts. For content providers, 'Protection of Deletion and
Personalization' and hiding options are available for posts that users don’t want to be publicly
viewable.
- Device Optimization
FORESTING is offering a new ecosystem that integrates people's lifestyles and income into a
single mobile app. This makes it easy for FORESTING users to share and influence their content
anytime, anywhere.
FORESTING will be designed for the users to share text, images, and videos easily. People can
comfortably write comments, send messages, and navigate chronological feeds.
The content of FORESTING can spread rapidly across the public.
It is uploaded and shared live, and will be a unique source of social media like Facebook and
Instagram, which have seen hundreds of millions of viral downloads over the years.
- Major Categories for Social Media
Most of the social media related to the blockchain, including Steemit, is focused on specific
categories such as ‘blockchain’, ‘ICO’, and ‘Cryptocurrency’.
Given the concentration of specific categories, and only having about 1 million users, Steemit is
more like a community service, rather than a real social media platform like Facebook,
YouTube, and Instagram, that all have more than a billion users.
In order to be a real social media platform, rather than a community platform, FORESTING is
focused on major categories, ranging from lifestyle to beauty, entertainment, and so on.
- Supports all forms of content
FORESTING provides users with the best security and privacy system possible, using blockchain
technologies. One of the key components of blockchain technology is that it does not have a
broker. The block is processed into a block after the encryption process, including the
transaction details, transaction summary, and block information from the previous
transaction. The encrypted block contains a full list of transactions and blocks until the last
minute, making it look like a chain.
Value Model
The initial FORESTING system is built on the Ethereum network. As the project progresses, 24
billion PTON Tokens are swapped with the mPTON (tentative name) coins at a 1:1 rate after the
mainnet launch. FORESTING Bank and PTON credit, which is a credit evaluation standard based
on platform contributions that are connected with content creation and curation, will operate
Token Economy.
Nodes
Node: Any computer or server connected to blockchain.
Supernode: central point of node on Blockchain P2P System for data transfer and decentralize.
normally, Supernodes do communication using high-speed broadband networks. With highperformance
CPU and storage, they can process a large quantity of data at a high speed.
Supernodes of FORESTING, will also generate blocks. The supernodes will have to load tests on
the FORESTING test network for verification and it will become a certified Supernode after this.
For faster block generation and transfer the number of supernodes will be managed by an
identity number.(16EA~128EA)
This system will reward those who maintain the nodes that use the DPOS system. So, a
supernode delegated by its own supernode and FORESTING may exist. depending on their
share, proportion with coin age.
Creation Supernode
Supernet
With the advent of the supernode, the blockchain network is separated into two layers. For the
purpose of high-capacity transaction processing and high-speed block generation, Supernet
is required to connect supernodes. The supernet must have a protocol and a physical layer to
carry out secrecy and authentication.
Official Video
More info, visit
Website : https://foresting.io/
Whitepaper : https://forestingnetwork.com/whitepaper/FORESTING_Whitepaper_Eng_Ver.0.92.pdf?ver0.2
ANN Thread : https://bitcointalk.org/index.php?topic=4932181.0
Facebook : https://www.facebook.com/forestingHQ/
Twitter : https://twitter.com/foresting_io
Telegram : https://t.me/foresting_global
Author : Anzal RK
My Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1115678
ETH : 0x7b56837589A428A507aB76b0Df46BfE7D2fa5C38
Telegram : @Crossx23
Telegram grup : @bit_shield
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