Efficient video broadcasting is becoming crucial for a number of activities that utilize video on the internet: from advertising to news to sport and social media, more and more video content is produced, shared and broadcasted every day. This represents a critical factor for network communications and data storage, which cannot currently handle the transmission nor the storage capacity. The broadcasting of huge video files is very expensive, as they use a lot of bandwidth and cannot be handled efficiently. Therefore, to be transmitted, videos need to be transcoded.
Blockchain based platform to provide decentralized video encoding services using peer-to peer technology.
Thanks to the processing “nodes” that will encode simultaneously different portion of the video
Due the fact that video is never processed by a single entity
Due to the cloud network nature and to the fact that the peer network can be quickly and easily extended at no cost
Thanks to the business model, that utilizes “third parties” unutilized CPU and rewards them with a token, so that lower hardware investments are required
A masternode is a public node of a distributed network. It manages the primary distribution of jobs, the verification of the transcoding process and the rewards.
The master node carries out different roles such as running a Tangram Ethereum full node, receiving messages from the hub, merging chunks transcoded by worker nodes and much more.
You can apply to become a Masternode clicking the button below.