Oyster Pearl (PRL) is a digital currency that has arrived to solve certain major problems in the world of advertisements. The publishers of creative contents are suffering tremendously due to arrival of blockers of advertisements. People are becoming indifferent to what the advertisements have to say to its audience. Advertisements could never become a fundamentally strong proposition. The advertisements are considered to be invasive, intrusive, diverging, invading privacy and distractive from the cleanliness of a website contents.
Oyster Pearl offers a new radical solution to these problems which grants a stream of parallel revenue to websites. This is done by adding a line of code. The visitors to a website provide a part of their Central Processing Unit or Graphic Processing Unit’s power. This power enables the user’s files to be stored on a ledger which is decentralised and anonymous in nature. The users pay the owners of the websites indirectly in return for their maintaining the storage of their data.
The protocol of Oyster Pearl is developed in a model which is driven by community. It does not have any point of failure. There are extension projects those can be built on top of the mesh net topology with an Application Programming Interface. This enables building of an entire class of applications which are really decentralised. Any developer is able to develop clients or extensions and there is no need of any permission from any central figure head.
Oyster uploaded files are stored on the IOTA tangle. It helps in mitigating the threat of loss of data because an excess of redundant duplicates is stored throughout the topology of the network. Oyster protocol running nodes perform the Proof of Work to ensure that the tangle retains the data.
Oyster adopts the process of retention of data on IOTA tangle. This IOTA tangle is also used for Proof of Work negotiations between nodes. Oyster Pearl tokens (PRL) are produced by using the smart contract technology of the Ethereum blockchain. This token PRL enables Oyster Pearl operations.
The web nodes of Oyster perform the Proof of Work to search for pearls which are embedded on the Tangle. These pearls inadvertently commit the uploaded user’s data to the Tangle. Entire activity across the Oyster network is motivated economically. There is no use for any personal information, user’s name or passwords. Every uploaded file is assigned a unique handle. This handle acts like a private key. Anyone with this handle can retrieve data from the Tangle. The payment maker’s identity is concealed by the mixer nodes on Ethereum blockchain.
Oyster Pearl is the bridge between the motivation of an user to spend money on strong data and motivation of owner of website to monetise their web contents. Oyster is the future in advertising contents.
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