OuiShare as IPDB Caretaker - Blockchain Database
Dear Ouishareans, this is a proposal to become a partner of an experiment and explore the field of Blockchain in a very concrete way.
Below you find some introductory information, and I'm also happy to discuss and answer questions together with Greg McMullen (he was a speaker at OSFest16 and is CEO of IPDB).
Warm hugs, Joachim
OuiShare as IPDB Caretaker
What is IPDB?
IPDB is the Interplanetary Database - a planetary-scale blockchain database that anyone can use. It is also a membership-run not-for-profit association.
Who can use IPDB?
Anyone can use IPDB. Most users will be able to use it for free, while heavy users will bear the cost of the network by paying fees set by the Foundation on a cost-recovery basis.
What will it be used for?
IPDB is infrastructure for the decentralized internet. The benefits of decentralized technology like blockchains will be seen in many areas, but we think IPDB is especially suited to intellectual property, identity, energy, supply chains and logistics, and IOT applications. The problem is that traditional blockchains like the Bitcoin blockchain don't scale for use as databases, and they're not queryable. IPDB is based on BigchainDB's scalable blockchain database technology, meaning we can build those applications today rather than down the road when traditional blockchains can scale.
How will IPDB be funded?
We are exploring options for this. Ultimately we want IPDB to be self-sustaining through fee-for-service on a cost-recovery basis to its heaviest users. However, to get the ball rolling, we are exploring options for crowdfunding, traditional funding from granting organizations, and donations from benefactors.
What’s in it for Ouishare?
Many Ouishare projects can benefit from having this infrastructure available to them. By becoming an IPDB Caretaker, Ouishare can help steer IPDB’s priorities to meet the priorities of Ouishare projects.
What will Ouishare have to do?
Caretakers in IPDB do two things: 1. Run a validating node that automatically approves or rejects transactions on the network in accordance with the BigchainDB consensus algorithm; and 2. participate in the governance of the IPDB Foundation by electing a board, voting on new Caretakers, and voting on other matters.
There will be three stages in the next few months:
1) Agreement to allow IPDB to list Ouishare as a Caretaker in the network.
2) Participation in governance meetings and discussions.
3) Operating a cloud-based “node” in the network.
Agreement at this stage is only a commitment to the first stage, and Ouishare could withdraw at any time — although we hope it won’t!
I want more information?
Look no further:
IPDB Foundation main page: https://ipdb.foundation/
IPDB Foundation Twitter: https://twitter.com/ipdb
Video - IPDB launch talk by Trent McConaghy: https://www.youtube.com/watch?v=O5ulWkmmGiw Slides: https://t.co/LYa7KbCI3p
Video - Decentralized Web Summit talk by Alberto Granzotto: https://www.youtube.com/watch?v=PfWgin3JlAU&feature=youtu.be&t=7h8m31s