Dazaar, how the internet should be – open, free, and hyper-scalable
With more than 4.6 billion internet users in the world in May 2020 and about 2.5 quintillion bytes of information produced daily, data is indeed changing the world we live in today. Most of this information is created on centralized platforms, such as search engines, social media and messaging apps, which rely heavily on central servers to store and process incoming requests.
On the other hand, the peer-to-peer (P2P) network provides a decentralized system without relying on a central server to store all the data. Each of the distributed nodes on the P2P network can store information; thus it is able to respond when requests come in within a short time.
The creators behind Dazaar and Bitfinex see an opportunity to give back to the community by giving back the power to manage their data, including the ability to easily share and access all information.
The creators of Dazaar believe that tomorrow’s best innovation will come from open, collaborative environments that unlock the wealth of available data.
Dazaar is an open-source P2P data streaming protocol. It is built to enable information sharing by enabling access for everyone.
Dazaar was developed as an extension to it Hypercore protocolwhich means it is scalable, fast and peer-to-peer.
What sets Dazaar apart from other data sharing networks is that it focuses on providing a basic scalable, decentralized and privacy-focused protocol that can be implemented in any existing project, making it peer-to-peer ready. internet. The creators of Dazaar also understand how important it is for users to monetize their data without intermediaries, which is why Dazaar integrates a layer to enable time-based micropayments across any (crypto) currency. The interaction will be purely between “sellers” and “buyers”.
How it works on Dazaar is very simple:
- For sellers:
- Install Dazaar.
- Choose the payment method, for example 10000 Satoshi / minute.
- Dazaar then generates a cryptographic identifier called the Dazaar card, that the seller can place wherever they want for the buyers to discover, like a Telegram group.
- For buyers:
- Contact the seller using the information on Dazaar Card.
- Pay the fee.
- Receive the data in streams after the seller verifies the payment.
In addition to simplicity, Dazaar also offers flexibility when it comes to payment methods. It supports any cryptocurrency as payment and possibly even credit cards. We believe it will not only encourage more people to use Dazaar, but also introduce those unfamiliar with the world of cryptocurrency, while at the same time removing a barrier to entry that requires users to use only a project’s platform token for payments.
Dazaar Vision – Live streaming monetization has been made easy
To demonstrate the power of Dazaar, Dazaar Vision was created, a live video streaming desktop application built on top of the Dazaar open-source protocol. It allows anyone to set up live broadcasts and subscriptions, all P2P and in real time, without the need to sign up.
As it is powered by Dazaar, it also comes with the easy broker-free feature that allows users to accept payments in Bitcoin with many more cryptocurrencies to be added in the near future.
Our way of giving back to the community
As an early adopter of blockchain and a major supporter of cryptocurrency, our desire has been to give back to the community by doing what we do best: building blockchain-powered innovative products that support the adoption of cryptocurrency for people and create get the most out of it.
We are confident that Dazaar will be a useful resource for organizations, such as universities, to create and promote new projects and research to the public. At the same time, we also believe that Dazaar’s use cases are not limited to particular parties.
We welcome anyone or any party interested in using new technology to get the most out of their data.
Welcome to Dazaar, the internet as it should be. Launch on June 25, 2020.