Decentralizing Our Data: Registering Everything on the Blockchain

5 months ago

Hey everyone! One thing Inleo does that hasn't been talked about much is putting everything possible on the blockchain. This approach feeds the blockchain with relevant data that can be easily accessed by others.

In this clip:

Storing data on the blockchain is important for the ecosystem
Everything worthwhile to put on-chain, we put on the chain
Referral system transactions are stored on the blockchain
Others in the future could use this information for their own projects

Creating a centralized database for information like premium users and referrals could have been easier, but as a project, we decided to put everything we can, even the most niche transactions, on the blockchain.

This approach makes all the information accessible to others for use in their own independent projects. They could use the premium API to add functionalities or discounts to attract premium users, or the referral system to reward people for onboarding others into their communities.

There is also much more that may not seem important right now but will become significant over time. It is crucial to fill the blockchain with relevant data, so Lions put everything on-chain.

      <sub>Uploaded using 3Speak Mobile App</sub>

▶️ 3Speak

hive development ama blockchain data ctp palnet neoxian oneup

0.000

1 comments

@hivebuzz 74

5 months ago

Congratulations @khaleelkazi! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

	You got more than 64000 replies. Your next target is to reach 64500 replies.

_{You can view your badges on your board and compare yourself to others in the Ranking}
_{If you no longer want to receive notifications, reply to this comment with the word STOP}

Check out our last posts:

	Our Hive Power Delegations to the July PUM Winners
	Feedback from the August Hive Power Up Day
	Hive Power Up Month Challenge - July 2024 Winners List

0.000