The Decent Network is a decentralized blockchain-based P2P platform that allows users to distribute different types of media, including video, software, audio, text and video games.

Think of it like this, if your country limited Internet access making it impossible for the average user to read a newspaper online or watch a video from a different nation, Decent would bypass all barriers and middlemen allowing the user to directly access that content. It's liberating and pretty darn genius. Essentially, Decent works similar to BitTorrent but with added security, anonymity and incentivized rewards via the $DCT cryptocurrency.

Developers are given a chance to create apps using the platform's protocol. This makes it easier for users to share ideas and content without the involvement of third parties. Over time, middlemen in content distribution have manipulated the entire process and undermined the integrity of what's being read or consumed.

How Does Decent Work?

As an innovative way of distributing content, there are two parties involved; the authors of the content and the consumers. Authors can build a reputation based on consumer reviews that are locked into blockchain technology.

The use of the blockchain technology enhances security and promotes trust. Content creators collect payments upon delivery to buyers. They can set their own pricing for content. The transactions are conducted using the Decent ($DCT) cryptocurrency, designed to improve efficiency, mitigate cyber attacks and enable easy validation of transactions.

Moreover, Decent does not place restrictions when it comes to the type of content users can publish or share. This is aimed at ensuring flexibility and promoting innovation. Users and content are anonymous and encrypted by default. That is unless you want your identity attached to whatever you're sharing.

And get this, it's even ready for use. You can download the Decent Platform here.

The Beginnings of the Decent Platform

Matej Michalko and Josef Sevcik divulged plans for the site in a white paper in November 2015 before releasing the prototype in 2016. All transactions are timestamped and verified by the parties involved. Blockchain technology provides robust security using advanced encryption. Decent Network relies on a custom blockchain solution that is coupled with a modified Bit Torrent protocol.

The platform's future releases will gradually add new functionality through the development and launch of new applications. This is aimed at expanding the network's infrastructure. Users gain access to premium content and apps via a built-in app store. Authors are required to upload original content which inspires quality and can be offered to users for a fee or free of charge.

Developers are allowed to audit and reuse the platform's open source code. This is crucial for developing custom builds on top of the Decent Core Network.

Key features of Decent

Users can take advantage of wide-ranging features that help Decent Network standout.

– Seeder settings (seeding costs can be set in fiat currencies)

– Geolocation of seeders

– Purchase $DCT with Changelly (Changelly makes this extremely easy)

– Instant messaging via blockchain

– Author profile (initially only visible to the author)

– Seeder ratings

– Custom tokens

– Decent Go (payment gateway directly from the wallet)

The DECENT Coin and ICO

Users rely on the $DCT cryptocurrency to handle transactions within the Decent Network. The token plays a vital role in facilitating the content publishing and sales process. It also works as a reward for miners and an anti-spam mechanism. The currency is regarded as the fuel of the network.

The Decent's initial offering began on September 11, 2016, and concluded eight weeks later. The ICO raised 5881.44798307 BTC which is a modest amount of capital in 2016 compared to what some other companies have been raising this year. The offering was widely viewed as a major success. The opening day of the Decent ICO attracted significant deposits from a number of active participants. The same applies to the final week of the initial coin offering.

Transactional Security

Decent Network provides advanced security systems that help filter invalid transactions and prevent unauthorized activity. The security protocol uses the principle of consensus to safeguard the integrity of the network. The approach entails agreeing on specific aspects, especially the deterministic order of transactions.

The process not only validates transactions but also ensures irreversibility. The deterministic machine logic plays a crucial role in controlling all blocks. On the other hand, Decent ($DCT) employs the DPoS (delegated Proof of Stake) algorithm, which comprises two components. These include delegation in form of election and stake in form of penalty.

The components generate machine logic that regulates a continuous block assembly. The same applies to the selection of block miners. All activities are handled according to a specific schedule.

Stakeholders participate in the voting on a block by block basis. Meanwhile, delegates are penalized when the network's performance falls below the expected standard. In the event that a particular transaction is declined, it is possible that a double spend may occur. This is caused by the inclusion of the transaction in the blockchain.

DPoS reduces the potential for communication breakdown in the event that one or more miners experience an internet connection malfunction. The core network protocol can detect the loss of a connection and heartbeats with the miners as scheduled. As a result, the remaining miners are required to confirm the transaction.

Under normal circumstances, miners are expected to generate new blocks as per schedule, typically every five minutes. The scheduling can result in a lengthy chain if all miners remain active. Creation of new blocks at unscheduled times is automatically invalidated.

Decent Go: Decent's Native Marketplace

The integration of Changelly (a prominent digital currency exchange) into the Decent Go platform has created an opportunity for mainstream users to purchase Decent tokens. Without Changelly, the process requires you to purchase Bitcoin, transfer to an exchange, and purchase DCT. It is possible to purchase the digital currency directly from the wallet. The integration enables the listing of DCT with more than 70 other cryptocurrencies. In addition, it eliminates the need for users to navigate through an exchange.

The ability to buy $DCT from the Decent Go wallet simplifies the process. This allows inexperienced users to explore the blockchain-based marketplace with ease. The built-in payment gateway is designed to improve convenience It enables users to add DCT to their accounts by depositing traditional currencies using a credit card.

The integration contributes to the removal of barriers to entry and expands the variety of options for both new and existing users. The concept is more likely to help the network grow more rapidly.

Decent Network recently partnered with Dragonfly to bring the power of blockchain technology to gaming. This is another example of how the platform is taking content sharing and consumption to the next level.

Conclusion: Our Thoughts on Decent

Decent is a prime example of a company using blockchain technology that has succeeded in bringing their vision to reality. While content distribution isn't entirely new to the crypto industry, Decent has been one of the most successful companies to bring it to life with their platform ready to use.

Connect with the Decent community on social media to discover new updates:

Facebook – https://www.facebook.com/DECENTplatform/

Twitter – https://twitter.com/DECENTplatform

Instagram – https://www.instagram.com/decentplatform/

LinkedIn – https://www.linkedin.com/company/decent-ngo-/

With their strong team and recent partnerships, Decent is not slowing down to expand and improve their platform. Their willingness to become the leader in decentralized content distribution seems imminent.