Enabling Editability in Social Media On Decentralized Networks with Cherish: An Overview | HackerNoon

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Enabling Editability in Social Media On Decentralized Networks with Cherish: An Overview | HackerNoon
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'Enabling Editability in Social Media On Decentralized Networks with Cherish: An Overview' socialmedia contentcreation

Welcome to the Decentralized Internet Contest!The world has seen many iterations of social media. Myspace to Facebook, Twitter to TikTok. During the last 10 years, companies have largely tried and failed to connect creators with buyers and have shifted to a business plan that sees advertisers focusing their budgets on acquiring users’ data and merchants paying for promotion. In many ways, the economic model of online content has been warped beyond recognition.

Blockchain’s promise of a fully-decentralized and free internet hinges on its ability to process large amounts of data efficiently and dynamically. So while it's encouraging to see a multitude of creators and founders exploring the potential of blockchain for social media and content distribution, we won't get very far without technology that makes it all possible.Up until now, blockchain technology has repeatedly tried and failed to solve the problem of large amounts of data.

The access hierarchy is based on the Cherry Storage system common to all Cherry Networks nodes, infusing IPFS with new features.On top of that decentralized storage, the chain will have a global redundancy mechanism that ensures files are never lost. This is useful for social media and content applications, dApps, and other decentralized platforms.

They take the essential missing technology that the Cherry Chain gives them and build an intuitive platform around it.

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