Review on LikeCoin by francis fernandez
cryptographic gateway for global content distribution
Cryptographic platforms offer diverse opportunities in many fields of application; either as a digital gateway for the creation and distribution of content; or as a tool to generate rewards for being part of your mining process. Likecoin offers both options within its ecosystem.
Likecoin is a publicly operated network that serves as a blockchain platform for the creation and distribution of digital content on a global scale and without intermediaries or external control.
What is Likecoin's technology based on?
The Likecoin chain implements the Cosmos SDK technology in its infrastructure to work in a coordinated manner with the consensus protocol called BPoS (consolidated proof of stake). This mechanism makes it possible to use the Big Dipper browser for business operations and data.
What does Likecoin offer in terms of rewards system?
Validators:
Likecoin allows network users to join their mining team as a validator to obtain rewards in the network's native cryptocurrency: LIKE.
It also allows them to contribute to the decentralized maintenance of the content network.
Content creators:
Allows content developers to get rewarded for interactions or likes received from their readers
Readers or Content Jockey:
They are rewarded for distributing or sharing content with other users to expand the network of readers or make digital content developed by original creators more popular.
As we have seen; With Likecoin everyone involved in the ecosystem can be rewarded based on their interaction with the network of multiple and decentralized content.
Pros
- Adjusts to the needs of digital content creators
- Allows the distribution of virtual content on a global scale
- Operates under innovative technology from Cosmos SDK
- Employs BPoS governance for non-custodial operation
Cons
- There are no disadvantages
