Respectonomy Social Network Eliminates Censorship Using PoW Blockchain
Respectonomy, a decentralized, self-moderated social network, will allow users the freedom to share content without any fear of censorship and be rewarded for it. The developers of this soon-to-be-released network believe it will be the first to remove all forms of censorship. The open-source, browser-based network assigns value to data and offers a mechanism for fairly compensating data bandwidth availability. It uses a proof of work (PoW) blockchain and the Bittorrent protocol to determine the value of the RES tokens that run the system. The independent token, unlike colored coins,....
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Respectonomy is different from other social networks platforms as it doesn’t just provide the illusion of censorship but actually rules out any sort of moderation or censorship. Respectonomy defines itself as a decentralized, self-moderated social network system that gives the user the freedom to share their thoughts without the fear of censorship while rewarding them for it. Respectonomy is different from other social networks platforms as it doesn’t just provide the illusion of censorship but actually rules out any sort of moderation or censorship. It is the economy of bloggers, book....
In addition to a censor-free platform, Respectonomy also rewards its users for participation, which offers them an incentive to keep sharing. Social media platforms have become hotbeds for surveillance and censorship. While people can’t keep away from the likes of Facebook and Twitter to satisfy their personal as well as professional needs, they sometimes overlook the fact that their right to free speech doesn’t always matter to the corporates running those platforms. Respectonomy offers the social media users with a decentralized solution that helps them overcome the barriers imposed by....
Respectonomy, a decentralized, self-moderated social network that will allow users to share content without any fear of censorship and be rewarded for it, has announced its initial coin offering for the month of February. The site is offering a 25% bonus on the first day, Feb. 1. The crowdsale seeks to raise 2000 BTC. The sale will automatically end when this cap is reached. The initial rate of the Respect token will be 0.0005 BTC (1 BTC to 2000 RES). Infinite Coin Supply. If the ICO does not reach its target, the amount raised will determine the number of tokens mined. The coin’s total....
Decentralised social network Respectonomy has announced that it will start its crowdsale from February 6th, which will end on March 2nd. The blockchain-based project aims to disrupt media publishing by introducing a self-moderated social media system. That being said, Respectonomy can deliver bloggers, writers and journalists the freedom to publish content without fearing resistance from centralised media publications. The project has therefore attracted sufficient attention from free speech lovers and – most importantly – whistleblowers. This freedom of information could prove helpful in....
The decentralized nature of Respectonomy, facilitated by the use of Bittorrent based content storage system makes the platform censorship resistant. The easy access to internet and content publishing platforms has made it possible for everyone to generate and publish their own content. The availability of vast amounts of content makes it hard for an average consumer to differentiate between quality and mediocre content. In the recent days, the social media platforms have become the most preferred channel for content publishing and consumption. These platforms have unique systems in place....