{"id":6790,"date":"2019-06-02T10:57:54","date_gmt":"2019-06-02T07:57:54","guid":{"rendered":"https:\/\/forklog.media\/?p=6790"},"modified":"2019-06-02T23:26:19","modified_gmt":"2019-06-02T20:26:19","slug":"block-one-announces-voice-a-social-media-platform-on-eos-blockchain","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/block-one-announces-voice-a-social-media-platform-on-eos-blockchain\/","title":{"rendered":"Block.one Announces Voice, a Social Media Platform on EOS Blockchain"},"content":{"rendered":"<p>EOS parent company Block.one has announced a blockchain-based social media platform dubbed Voice. According to the developers, designed with users of the platform in mind, Voice is \u201ca more transparent social media platform for the world, where the value of good content gets circulated right back into sustaining the community, not corporate bottom lines.\u201d<!--more--><\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\">Introducing Voice &#8211; social as it should be <a href=\"https:\/\/t.co\/0qYiE2HYsy\">https:\/\/t.co\/0qYiE2HYsy<\/a><\/p>\n<p>\u2014 Block.one (@block_one_) <a href=\"https:\/\/twitter.com\/block_one_\/status\/1134979482576666625?ref_src=twsrc%5Etfw\">June 2, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Voice is being built on the EOS public blockchain, which runs on the EOSIO protocol, and this reportedly means that all interactions on the platform will be public, while transparency will be a core part of the experience.<\/p>\n<blockquote><p><strong>\u201cThe truth is, current social media platforms are designed to use their users,\u201d<\/strong> said Brendan Blumer, CEO of Block.one, who opened the company\u2019s June 1 event at the DC Armory in Washington, D.C. with the announcement of Voice.<\/p>\n<p><strong>\u201cJust look at the business model. Our content. Our data. Our attention. These are all incredibly valuable things. But right now, it\u2019s the platform, not the user, that reaps the reward. By design, they run by auctioning our information to advertisers, pocketing the profit, and flooding our feeds with hidden agendas dictated by the highest bidder. Voice changes that.\u201d<\/strong><\/p><\/blockquote>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/hashtag\/Voice?src=hash&amp;ref_src=twsrc%5Etfw\">#Voice<\/a> will powered by a smart contract running on the <a href=\"https:\/\/twitter.com\/hashtag\/eos?src=hash&amp;ref_src=twsrc%5Etfw\">#eos<\/a> blockchain . Users will not require ram or cpu to use it because <a href=\"https:\/\/t.co\/jdpDWauwAg\">https:\/\/t.co\/jdpDWauwAg<\/a> uses its eos to acquire those resources on behalf of voice users.<\/p>\n<p>\u2014 Daniel Larimer (@bytemaster7) <a href=\"https:\/\/twitter.com\/bytemaster7\/status\/1134983105067065344?ref_src=twsrc%5Etfw\">June 2, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Signups for Voice beta access are\u00a0<a href=\"https:\/\/voice.com\/\" target=\"_blank\" rel=\"noopener external noreferrer\" data-wpel-link=\"external\">now open at Voice.com<\/a>.<\/p>\n<h3>Earlier attempts<\/h3>\n<p>As per a CoinDesk <a href=\"https:\/\/www.coindesk.com\/block-one-is-launching-a-social-media-platform-on-the-eos-blockchain\" target=\"_blank\" rel=\"noopener noreferrer\">report<\/a>, social-media-oriented crypto projects up to this point have largely resembled Tumblr or Medium, with the occasional Twitter imitation. While the argument for incentivizing contributions is compelling, the model has had a hard time catching on.<\/p>\n<p>For example, in 2016, Tsu, a social network that promised to share its earnings with its users,\u00a0<a href=\"https:\/\/techcrunch.com\/2016\/08\/16\/spammy-social-network-tsu-shuts-down\/\" target=\"_blank\" rel=\"noopener external noreferrer\" data-wpel-link=\"external\">shut down<\/a>. It claimed to have 5.2 million users when the service ended. A frequent complaint about Tsu was that its promise of remuneration generated spammy behavior.<\/p>\n<p>Steemit, meanwhile, is the Medium-like social network built on top of the Steem blockchain.\u00a0<a href=\"https:\/\/steemit.com\/statistics\/@arcange\/steem-statistics-20190530-en\" target=\"_blank\" rel=\"noopener external noreferrer\" data-wpel-link=\"external\">According to Dapp.com<\/a>, it was the only major dapp blockchain where social media was the dominant use case, with 93 percent of users touching its social dapps (of which, Steemit dominates).\u00a0<a href=\"https:\/\/steemit.com\/statistics\/@arcange\/steem-statistics-20190530-en\" target=\"_blank\" rel=\"noopener external noreferrer\" data-wpel-link=\"external\">A recent estimate<\/a>\u00a0from May put the active users in that month at 75,644.<\/p>\n<p>Other crypto social networks have come along since, such as\u00a0<a href=\"https:\/\/www.coindesk.com\/ex-ripple-cto-launches-blogging-platform-to-pay-content-creators-xrp\" target=\"_blank\" rel=\"noopener noreferrer\" data-wpel-link=\"internal\">Coil<\/a>\u00a0(which uses XRP) and\u00a0<a href=\"https:\/\/www.coindesk.com\/ethereum-powered-social-network-cent-launches-payments-via-chat\" target=\"_blank\" rel=\"noopener noreferrer\" data-wpel-link=\"internal\">Cent<\/a>\u00a0(which uses ETH).<\/p>\n<p>Dapp.com estimated that Steem had over 386,000 active users for the year, while it gave EOS slightly over 171,000 active users in 2018, with 67 percent using\u00a0<a href=\"https:\/\/www.coindesk.com\/tron-dapps-saw-1-6-billion-in-volume-in-q1-2019-driven-by-gambling\" target=\"_blank\" rel=\"noopener noreferrer\" data-wpel-link=\"internal\">its betting products<\/a>.<\/p>\n<p>It\u2019s worth noting that EOS only had six months in which to build up a user base. After a yearlong ICO that generated more than $4 billion for Block.one, EOS officially launched\u00a0<a href=\"https:\/\/www.coindesk.com\/the-eos-blockchain-is-now-live\" target=\"_blank\" rel=\"noopener noreferrer\" data-wpel-link=\"internal\">on June 15, 2018<\/a>.<\/p>\n<h3>Upgrades and Integrations<\/h3>\n<p>Block.one also announced substantial upgrades coming to the EOSIO protocol, Version 2. With its first iteration released a year ago, EOSIO 2 will introduce EOS-VM, an update to the software that allows the processing of smart contracts 12 times faster than EOSIO 1.0. EOS-VM is a WebAssembly Engine designed specifically for blockchain smart contracts.<\/p>\n<p>With its Version 2 release, EOSIO is also now the first blockchain protocol to adopt WebAuthn authentication standards to bring greater security and usability to applications built on the EOSIO platform.<\/p>\n<p>Aiming at such critical aspects as security, privacy and ease-of-use, Block.one is implementing support for hardware security keys, such as the YubiKey from Yubico, built into EOSIO Version 2.<\/p>\n<p>Additionally, Block.one has jointly announced a collaboration with Coinbase to educate its user base on the EOSIO software through their Coinbase Earn program. This \u201cearn as you learn\u201d online course will educate users on the benefits and functionality of EOSIO.<\/p>\n<p>Earlier this week, <a href=\"https:\/\/tether.to\/the-leading-stablecoin-now-available-on-eos\/\" target=\"_blank\" rel=\"noopener noreferrer\">EOS partnered with Tether<\/a> to put Tether\u2019s USD-pegged stablecoin USDT on the EOS blockchain. The delegated proof-of-stake design for Tether EOS reportedly makes it a good fit for peer-to-peer microtransactions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EOS parent company Block.one has announced a blockchain-based social media platform dubbed Voice. According to the developers, designed with users of the platform in mind, Voice is \u201ca more transparent social media platform for the world, where the value of good content gets circulated right back into sustaining the community, not corporate bottom lines.\u201d<\/p>\n","protected":false},"author":1,"featured_media":5427,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"human_written","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[817,465,981],"class_list":["post-6790","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-eos","tag-social-media","tag-voice"],"aioseo_notices":[],"amp_enabled":true,"views":"779","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/6790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=6790"}],"version-history":[{"count":3,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/6790\/revisions"}],"predecessor-version":[{"id":6793,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/6790\/revisions\/6793"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/5427"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=6790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=6790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=6790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}