ya know i have this great idea
a lot of these crypto investors are trying too hard when it comes to music
i was gonna pay a coder to do it but ya know what ..?
in crypto we should just give some ideas away.
so the only catch is all u get is ya get the rough draft idea of a decenralized music streaming service.
its turns out to just be defined POS here it is:
as any music industry structure its up to the builders to keep it anti corrupt
some one will do it right.
feel free to ask any questions :
BlockchainPlaylist decentralized streaming service
the Artist album is a basically a master node and the fans can purchase " hashnotes" which give the right to stake from a master node
via typing this key into their qt wallet the stake is a stream basically
the other function of the Blockchainplaylist is fans can purchase BCPL tokens in order to stream directly from the Masternode page
When a masternode is created it also creates a unipque hashnote to every wallet.
So when people buy an album we just give them this key.
Which allows them to stake from a master node. The master node will treat hitting the play button as a confirmation to send.
these are the 2 basic functions for the end user.
the POS for the artist is as follows
300 bcpl every 30 days comes to 1 bcpl every 2.4 hours. Man this Just gets better.
Also realize the hashnote is basically just sharing the node also. The ability to stake any time from one master node.
The working of the motherboard arent gonna be open sourc3. Sone artist are gonna expect us to secure their music.
The mechanism in the motherboard that adds the data to th3 token must remain hush for secure reasons.
This is why it's important that the motherboard is just honouring the hashnote... Using the confirmation from the qt
To select which song thatleaves the mother board ~ but if we reach a certain point in scale we will hire white hat hackers to hack this to ensure its
secure. everything else is out in the open anyways, but the working of the motherboard should NOT be open source for security reasons
no point in patent anyway till we kno wit works at scale and been tested
it is important that the motherboard is just honoring the hashnote, this also ensures that no music leavee the mother boars without a token,
it has to have confirm from qt to send a song off with token,
if a qt accumulates super masternode level, tehy get stake, but we just wont cash them in
yea they could give BCPL tokens to their friends but we gotta let them have a lil fun .
all the qt has to do is pick a song , skip a song play a song, stop and pause, stop to enter anotehr hahnote ( play a diff album)
pause isnt a priority for now we can put a bounty out on that and more
the qt should prompt them on what song they want to hear when they enter hasnote end, so this makes this system even easier
from an efficency POV
streaming from the motherborad site does nothign to the balance right = soundcloud function
99,601 = 300 BCPL
100,000 = 600 BCPL
200,001 = 1200 BCPL
800,001 = 20,000 BCPL
1,200,001 = 200,000 BCPL
12,000,0001 = 100,000 BCPL
12,000,0001 = 1,000,000 BCPL
12m master node= 1m bcpl stake or apprx 1% of what we made (just under 10% stream accumulation per month)
on it who is gonna make 10k a month for 4 years and not pull some if that stake out?
The there gonna max out the monthly limit of 20% of the node if they get that high
79,601= 30 BCPL
59,601 =3 BCPL
59,600 or less 0
we are paying the artist constantly to let people stake their music, when an artist album is sold the atist gets half goes to a fund that covers cost
& pays ARTIST when they cash in BCPL stake/streams. when a fan plays an album the constant payment is neutralized.
when fans stake to stream from the motherboard, the constant payment is amplified
