Review on Transcodium by Pedro O. Alvino M.
High-speed multimedia file transcoding.
Due to the high existing deficiencies in the area of transcoding of multimedia files and distribution of media, Transcodium developed a platform where the participants have the reproduction of multimedia files with greater fluency and low cost, so that given the algorithms and systems included In the project network, it is possible to transcode large files and reduce it into small files that are then processed by a worker systems, which are idle devices on the network waiting to process a requested transcoding, in which those who are in charge of the process Initial transcoding is a complex system of master nodes that are in charge of facilitating the process and improving a greater reproduction of multimedia files without delays according to the desired format.
The project initially began with a transcoding process in the cloud, however, such resources and costs were very high, so such a proposed strategy was a failure, so a simpler process was started and connected with the blockchain, of so that the project services are safe and do not require high costs.
The current audiovisual market is growing, therefore the transcoding process has greater demand, so the project has excellent long-term potential, but the current situation of the project according to its token that serves as a means of incentive for each process Transcoding is condensed a lot of volatility in a negative way, since this affects said process to the users who participate in the transcoding process, thus allowing projects in this same area with better strategies based on their native asset to emerge in the market, leaving the project behind. Transcodium.
Pros
- Establishes a decentralized peer-to-peer network mechanism of computational power equipment.
- It has incentives in TNS tokens at the end of a transcoding process
- The project network is fully automated.
- It has an algorithm that allows the conversion of multimedia files at high speeds.
- Provides API, console and GUI applications for clients to aid in a fast transcoding process over the network.
- Constituted with a system of master nodes that process the uncial transcoding of the file.
Cons
- The history of the project team has counted various strategies and mechanisms failed in the project.
- The current performance and service of the project has decreased given the current market competition and the dominance of traditional centralized systems.
- They do not yet have a new update of their roadmap and white paper.
