Thanks to these technologies we were able to create a planetary-scale information network immune to censorship by design, where your thoughts and ideas will echo throughout humanity’s existence. The company, AKASHA International GmbH, has its headquarters in “Crypto Valley,” Zug, Switzerland. Ethereum Co-Founder, Vitalik Buterin, is listed as one of the project’s advisors.
These tests will ultimately come down to how much transactional output a decentralized social network with many users generates, and how well the Ethereum and IPFS networks can handle it. One of the most important drivers for cryptocurrency adoption is the belief in decentralization and freedom. While Bitcoin and other financial tokens go a long way in this regard, other projects are targeting other aspects of personal freedom like identity management or decentralized private investment.
Following the last alpha release, company began working on a totally new dapp, in parallel with an entire overhaul of the entire user encounter. At the end of the day, the inadequate updates were not caused by an absence of action, a remarkable inverse.
Following the successful Ethereum blockchain genesis, Mihai is eager to test the idea of a decentralized social media network using Ethereum and IPFS. Akasha developers say throughout the first phase ETH will be the platform’s currency token. In time this could change, but the Akasha team wants to test the advantages and disadvantages first before introducing a native token. Besides using Ethereum and IPFS, the platform also utilizes Electron, React with Redux, and Node.js on its technical stack. Akasha is the brainchild of Bitcoin Magazine creator and Ethereum co-founder Mihai Alisie.
Akasha developers say they have spent over a year building the platform. Tough competition also awaits its release, with several other decentralized social networks on the way. One thing is for sure, though — the internet’s structure and social media habits are changing, and Akasha wants to be on the forefront in these innovative times. There’s been a lot of focus on cryptocurrency social media platforms lately. Now, a new application is coming to the market called Akasha, which aims to launch its alpha release this month.
We hope that the web version will encourage more users to give AKASHA a try, helping us in the process to learn what the “breaking points” are and where they are for a decentralized social network powered by Ethereum and IPFS. Finally, AKASHA will not conduct an “ICO” just for the purpose of raising money.
Some of the other technologies used to build the social network are React, Redux Saga, and Node.js. The entire testing phase for Akasha will be gradual, and the team plans to open source the code after the alpha releases. The team will also be holding a community “breakathon” so users can find bugs that may have slipped by during development. After completing the breakathon and fixing any issues, the platform will beta launch on the Ethereum main network. launching this October called Akasha, which means “’ether’ in both its elemental and metaphysical senses.” The project is a social media application that splices the Ethereum network and Inter-Planetary File System (IPFS).
The one thing that can be granted to them as a big advantage is their mind focused on freedom of speech. Publish, share and vote for entries, similar to Medium and other modern publishing platforms, with the difference that your content is actually published over a decentralized network rather than on our servers. The network was originally built to be like a decentralized WordPress, but the project gradually evolved into something more interconnected and social that could be compared to a decentralized Medium or Reddit. We are focused on releasing a functional beta and stress-testing the release in anticipation of main network deployment. We want to make sure that we test, re-test and audit the dapp to the best of our abilities before real ETH starts flowing through it.
AKASHA at the Dublin Tech Summit
- Votes and ETH transactions are linked with each other so every time somebody votes for your published entry you get ETH.
- The main idea of Akasha project is deciding issues connected with the permanent information storage.
The Akasha Foundation, which created the network, was founded by Ethereum and Bitcoin Magazine Co-founder, Mihai Alisie. The dapp works with test ETH and is currently deployed on a test network.
The project aims to be a censorship resistant internet publishing site with many of the features found on traditional social media apps. A next generation Social Network, but what does it really mean and do they even have a chance against already existing mainstream platforms and the ones that are being developed based on blockchain? Because I personally can’t find anything useful or particularly revolutionary in this project and why would anyone duplicate already existing services?
Akasha are super eager to declare that AKASHA is presently open likewise from Mist and great internet browsers running the Meta Mask and IPFS Companion expansions!!! \o/This release likewise denotes an essential turning point because they are starting to close the hole between the user encounter on decentralized services versus brought together ones. It’s very otherworldly, particularly while considering how contradictory the two approaches are. ecosystem is imagined as a synergistic creature, Akasha see as the characteristic sensory tissue connecting individuals, thoughts and projects with regards to a tombs renaissance salon. The support of a cutting edge renaissance so huge in its suggestions that nobody comprehends its full ramifications yet.
Akasha was booked to close the epic DEVCON3 as the keep going introduction on the most recent day. As a decentralized application AKASHA deploys a next-generation information architecture born from the fusion of Ethereum and the Inter-Planetary File System.
The main idea of Akasha project is deciding issues connected with the permanent information storage. Share your own entries and cast your votes for other entries, which are published in a network, not on the servers. Votes and ETH transactions are linked with each other so every time somebody votes for your published entry you get ETH. By utilizing IPFS, the infrastructure of Akasha will reportedly have no central point of failure or bandwidth issues. Additionally, using the Ethereum network as a backdrop, developers say, the project doesn’t depend on servers.
We are a self-funded and experiment-driven project and since unveiling AKASHA 2 years ago, we released 3 major dapps (alpha, beta, web) without outside investments and plan on testing the code thoroughly before any “real” money flows through it. If there will be an “ICO” then it will be for a token that actually solves an otherwise “unsolvable problem” in the overall system.
The developers behind Akasha believe, with the cryptocurrency solutions we have today, users deserve a better social media model. In the AKASHA alpha and beta, users’ Karma score keeps track of their overall contributions to the network. Users also earn Mana on the platform by locking up the native AETH tokens; this Mana is spent when voting on content. AKASHA (Advanced Knowledge Architecture for Social Human Advocacy) is a decentralized, alternative social media network, built using the Ethereum blockchain and the InterPlanetary File System (IPFS).
In the alpha we wanted to test if the idea of an Ethereum+IPFS based social network is possible. However, in the beta, we aimed higher fueled by the knowledge gathered in the first experimentation stage. In the alpha we began by testing if a truly decentralized social media network built on Ethereum and IPFS is viable on a technological level. Thanks to the thousands of people drawn together by this idea, the alpha experiment was a resounding success.