post-title Hacker Noon Is Storing Content on a Blockchain After Ditching Medium

Hacker Noon Is Storing Content on a Blockchain After Ditching Medium

Hacker Noon Is Storing Content on a Blockchain After Ditching Medium
Cryptocurrencies News ,

Hacker Noon is putting its money where its pen is, embedding blockchain features into its new publishing platform. 

Annotations on Hacker Noon’s blog-styled content, with some 4 million monthly readers, will now be locally hosted on users’ spare storage space, said Hacker Noon CEO David Smooke in a press release. These annotations and in-line comments will be powered by ERA Inc.’s GUN, a decentralized peer-to-peer (P2P) database system.

By utilizing local storage on Hacker Noon reader’s free CPU space, the cost of maintaining the domain drops on GUN specifically, ERA CEO Mark Nadal said in a phone interview. Both firms are working towards further blockchain feature integrations in the near future as well but declined to comment on what this included.

Nadal said the annotations and in-line comments themselves will be hosted on readers’ devices using GUN. Annotations will only appear if approved by the contributing author.

“Blockchain technology can distribute the hosting cost of running a site like ours, where people spend over 25 million minutes reading each month,” Smooke said.

The system was first tested in July 2019 and proved blockchain systems can be used both quickly and at scale as the system serviced readers successfully for 48 hours, Nadal said.

Launched in 2016 by Smooke and wife Linh Dao Smooke, Hacker Noon announced its intentions to leave Medium last spring, citing general sentiment around publishers getting “burnt” by the platform and saying they lacked general control over content such as headlines, advertisements and URL reroutes.

In a March 2019 podcast, Smooke said Medium offered to buy out Hacker Noon for a low sum: less than a Medium marketing professional makes in a year. Hacker Noon chose to run a crowdfunding campaign instead, ultimately raising $1.07 million from 1,200 people. (Nadal participated in the funding campaign.)

“Less dependency on central entities is essential for the internet to mature into a technology that works for the people using it,” Smooke said.

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About Juan Rodulfo

Defined by Nature: Planet Earth Habitant, Human, Son of Eladio Rodulfo & Briceida Moya, Brother of Gabriela, Gustavo & Katiuska, Father of Gabriel & Sofia; Defined by the Society: Venezuelan Citizen (Human Rights Limited by default), Friend of many, Enemy of few, Neighbor, Student/Teacher/Student, Worker/Supervisor/Manager/Leader/Worker, Husband of Katty/ Ex-Husband of K/Husband of Yohana; Defined by the US Immigration System: Legal Alien; Defined by the Gig Economy: Independent Contractor Form 1099; Studies in classroom: Master Degree in Human Resources Management, English, Chinese Mandarin; Studies at the real world: Human Behavior; Studies at home: Webmaster SEO, Graphic Web Apps Design, Internet & Social Media Marketing, Video Production, You Tube Branding, Trading, Import-Exports, Affiliate Marketing, Cooking, Laundry, Home Cleaning; Work experience: Public-Private-Entrepreneur Sectors; Other Definitions: Bitcoin Evangelist, Human Rights Peace and Love Advocate. Author of: Why Maslow: How to use his theory to stay in Power Forever (EN/SP); Asylum Seekers (EN/SP); Manual for Gorillas: 9 Rules to be the “Fer-pect” Dictator (EN/SP); Why you must Play the Lottery (EN/SP); Para Español Oprima #2: Speaking Spanish in Times of Xenophobia (EN/SP). Social Media profiles: Twitter/FB/Instagram/VK/Linkedin/Sina Weibo: @rodulfox
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