Almost everyone is familiar with Wikipedia. After all, it is perhaps one of the most popular and commonly-used users-generated and peer-to-peer content building platform on the web. Now though, the co-founder Larry Sanger is venturing into something new and that is absent from all of Wikipedia’s initial faults.
The new user-generated content platform is poised to be called Everpedia Blockchain Encyclopedia and it is a new blockchain encyclopedia. This type of platform is meant to be smarter, the content more accurate, and it is set to be more popular as well.
What is Everpedia Blockchain Encyclopedia?
Everpedia Blockchain Encyclopedia is a new encyclopedia that relies on user-generated content. However, unlike its predecessor – Wikipedia – this one is meant to feature articles that go through an article approval process. The approach process is curated through Blockchain Technology.
Further, those who are part of the editing and content creation process are also incentivized. The incentive system is rewards individuals with tokens for creating articles and as a result, anyone who uses the system can become a part-owner of the network.
Unlike Wikipedia, the incentive structure here reduces the need for advertisements or donations, which is one of the pitfalls of the traditional platform.
Blockchain Technology Dependent
As previously mentioned, Everpedia is dependent upon Blockchain technology. For those who are unware, this is a global database that provides users with a supply chain management mechanism.
The technology is not owned by anyone, so that no one person can control the technology and it is used and how content goes through it. In this case of Everpedia, the Blockchain Technology will be used to push content through the system so that it is edited, reviewed, and cleared by just the right steps.
Essentially, Blockchain offers a decentralized system where content goes through and is stored so that it is distributed to everyone and in the most accurate manner possible.
Further, it is important to note that the technology has been designated as hack-proof. That is to say, the technology keeps the content safe so that existing information cannot be changed. The only capability that users will have when using Blockchain and content curation is that they can add to existing content.
Everpedia Blockchain Encyclopedia Summary
Ultimately, Everpedia is an interesting concept that may be the next Wikiepdia. Those who choose this system will find it to be a viable approach to creating and accessing high-quality content. Further, because Everpedia will not have the same traditional problems as Wikipedia, it is poised to be a more viable solution.