DECENT PLATFORM
The blockchain is maintained by miners that are also considered as "publishers" within the Decent dapp context. The content that is created by the authors is encrypted, and the encryption key is then split, encrypted using the publisher's (miners) public key, and sent to those publishers, that act as seeders that are ready to store content of a given size and to make the file available for download even though they have no knowledge of the file content. When the content is published, all the information about it such as title, description, price, list of publishers, etc. is recorded on the blockchain through a content-submit transaction. The transaction fee required to publish content is paid by the author and it is used to reward miners (like Bitcoin transaction fees) and to prevent spam.
A content consumer can then buy the content he/she wishes to view and make a request-to-buy transaction that will lock the value of the respective content price. When the Publisher that is hosting the specific content views this transaction on the blockchain, he decrypts his share of the encryption key with his private key and encrypts it with the content consumer's public key. The content consumer can then decrypt and reassemble the decryption key, which in turn will decrypt the file downloaded via BitTorrent protocol. The DCT paid by the consumer is then sent to the author, minus a fee that is paid to the publishers.
The Decent project will be developed, maintained and promoted by the Decent Foundation, which is a non-profit entity that is also in charge of handling the DCT kept for bounties and marketing, while the ICO or Software sale itself will be organized by the DECENT Services, a non-profit organization in charge of initial operations.
During the Sofware Sale DCT tokens will be made available to investors as described in the DECENT sale page, these tokens, while pegged to the Bitcoin price during the ICO, can be purchased with both Bitcoin or Ether. The DCT total supply will, in this case be determined by the amount of BTC and ETH received during the ICO, since DCT is exchanged or sold for BTC at fixed exchange rate, and there is no limit for the ICO investments, the total supply will increase as investments are received. The premined tokens will constitute 70% of the DCT total supply in which bounty, marketing and investment funds are also included, along with a 10% portion (out of the tokens sold during the ICO) that will be kept by the Decent Foundation. The remaining 30% of the total supply will be mineable over time. Click here for more ICO details.
After the ICO, The Decent Core, which is written in C++ and currently in alpha stage will be developed and finished. The Decent Platform launch itself is set for Q1 – Q2 / 2017, as well as DCT trading on multiple exchanges. Click here to see the Decent Roadmap.
Over time, Decent has made a number of significant media partnerships such as Coiniran, 8btc, BitRush, Webglobe, Hideez, Bitalo, Forklog, NewsBTC, CryptoCurrency Magazine, Blockchain News, Bitcoin News, ICO Countdown. Decent team is putting a great amount of effort into the divulgation and marketing of the Decent Network attending several conferences and presentations including the most recent China Tour that included several presentations across Shanghai.
Users can learn more about Decent by engaging with the community through the desginated communication channels like Slack and Telegram. In order to stay updated you can follow Decent onsocial media and subscribe to the newsletter.