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Modern web advertising has become a significant nuisance for site visitors. Recent consumer reports show that 43-73% of people do not like online pop-ups, mobile ads and banner ads on websites. In addition, many people say that advertisements have become more intrusive and widespread in recent years. Web advertising, in its many forms, has created a less than favorable user experience.
Despite resentment shared among Internet users regarding advertisements, the use of advertisements as a form of revenue generation is a common and often necessary evil for website owners. Hosting content on a website requires the purchase of server space and processing power, which can become an expensive business as and when a site grows Web. For example, website owners often rely on web-based advertising to help pay operating costs or by asking consumers to pay a monthly fee for delivering content without advertising. And if there was a better alternative to using web ads or paid subscriptions? And if there was a revenue generating method for website owners and content publishers that did not involve crushing your consumers with intrusive and annoying banners and videos?
The Escape from Advertising
Oyster is a new protocol that addresses web-based revenue generation in a radically different way from past solutions. By giving users the choice to devote a small portion of the computing power of their device to proof of work in exchange for web content, Oyster allows website owners to generate revenue without harming the user's experience. their consumers. However, offering an alternative for revenue generation is not the sole purpose of the Oyster protocol. Oyster provides a decentralized storage solution for users made possible through proof of work done by content consumers. The Oyster protocol accomplishes this by combining the advantages of the Ethereum blockchain and IOTA Tangle. Users use Ethereum-based Pearl tokens to store their data on a decentralized registry that operates over IOTA entanglement. The Beads are embedded in the encrypted data card of the downloaded file of the user. The features of website visitors search for Pearls through the IOTA Entanglement. As they search for Pearls, they unwittingly commit the data in Entanglement in order to keep them longer. As a result, Oyster drives a blockchain treasure hunt to link the economies of content publishers, content consumers, storage providers, and storage consumers. By uniting all these distinct parts, Oyster unlocks the hidden revenue potential of the web. Plus, Oyster easily integrates into a new or existing website.
Application for cloud storage
Storage users search for private cloud storage. After the incident of Edward Snowden in 2013, users searched for secure and private cloud storage solutions. This change in demand has spurred on privacy-oriented cloud computing companies like SpiderOak. However, these companies use proprietary solutions that are ultimately closed source, leaving the end user blocked without a fully verifiable solution. Even though the company has created some of its open-source code, the end user does not know what is actually running on his servers. Oyster is a fully decentralized solution for anonymous and secure data retention and only works on the individual economic interests of a node. The entire source code is verifiable and the data is encrypted in the browser before it reaches the entanglement. A user can inspect the Oyster Web Client's operational source code in his browser's development tools before exposing his sensitive information.
Accessibility and Consent
The owner of a website can add a single line of code to his website in order to enable Oyster's revenue-generating potential. Unlike similar operations conducted by The Pirate Bay that used the computing power of site visitors to extract cryptocurrencies without notifying users, Oyster will explicitly inform consumers that their computing power is required, and consumers will choose to comply with this application. or refuse to offer the resources of their device. In the same way that many sites refuse content to users using ad blocking software, site owners using Oyster will have the ability to deny content to users who do not offer their device's resources. By offering an alternative to traditional web advertising and subscription payment walls, Oyster plans to revolutionize the relationship between content publishers and consumers by providing a mutually beneficial platform that will lay the foundation for a decentralized storage network.
For more information, visit the website of Oyster .