Let the Blockchain World be your Oyster!
Oyster is the future of website monetization and distributed storage, built on IOTA Tangle and Ethereum. Ethan talks to Chris Garner CMO at Oyster Protocol.
Oyster provides robust, redundant data storage
Files uploaded via Oyster are stored on the IOTA Tangle.
The IOTA Tangle (Directed Acyclic Graph) is used for data retention and Proof of Work negotiation between Nodes. The Smart Contract technology of the Ethereum Blockchain is used to produce Pearls (the token), therefore activating the unique token attributes that enables Oyster operation.
This means that an excess of redundant duplicates are stored throughout the network topology of the Tangle, therefore mitigating the threat of data loss. Nodes running the Protocol perform Proof of Work to guarantee that the Tangle retains the data.
We’ve covered the IOTA Tangle briefly on previous podcasts but the IOTA Tangle is a Directed Acyclic Graph, which means it is a blockless distributed ledger. It’s mighty promising stuff – but if we don’t have Blocks – we won’t have Blockchains – and we won’t need The Blockchain Show! So we’re keeping a watchful eye!
Oyster Unlocks the Dormant Revenue Potential of Millions of Websites.
Ian and Mark will be at Disney’s Epcot on Friday August 10th. If you’re there…come and find us. We’ll probably be eating Funnel Cake or Drinking Beverley. Or vice versa.
We’ll be there from 9am until 2pm Eastern.
Find Mark in his TBCS T-shirt – and as a result you can win some stuff – like a Moosehead eh?
Contact us if you would like to ask us any questions, because we’d love you to challenge us to improve our ideas or would like to participate in future podcasts. Add comments too below, we’re trialling Disqus.
Likewise ping us with your best question and the Blockchain Show Team will send our favourite FREE Stuff.
Find Mark at any event in his TBCS T-shirt – and as a result you can win some more stuff.
Remember! Keep your Crypto safe with a hardware wallet