Greetings, community. 👋🏻 Today we will tell you about the new DSF decentralized social network and its advantages.
🔹 DSF blockchain is a decentralized social financial network based on blockchain identity. In essence, this means that data on social connections of users of social platforms is loaded into a chain, and a decentralized financial DSF wallet is associated with smart contracts. In this way, the restructured world of the blockchain-based on real social relations is realized.
🔹 The DSF project will consist of two parts: a decentralized social network, designed primarily to confirm the social relations between user addresses, and a decentralized financial platform containing a variety of financial instruments based on the blockchain.
🔹 These two parts of the DSF will be seamlessly connected through smart contracts, thereby creating a financial chain of blocks of a decentralized social network that can be practically applied and has great potential.
🔹 The DSF blockchain develops different types of smart contracts at multiple core links, including confirmation of social relationships, system mining rewards, based on social relationships, and the use of social relationships by blockchain financial products.
🔹 In the new decentralized social network DSF, the core technologies and models of the three core blockchains have been added.
✔️ Firstly, the true right to the digital currency, which allows users to have very strong personal assets in a social network, and these assets generate actual use-value through various financial services.
✔️ Secondly, social relations are in a chain. It is not the 1.0 era relationship between the IDs in the social network but the social relationship between the addresses associated with the ID. This social relationship data will be in the chain.
✔️ Thirdly, social relations are a smart contract. This smart contract will connect data on social connections in a chain to provide an interface for the next generation of blockchain financial products.
Read more about the DSF project here:
https://dsft.io https://i.ibb.co/Mh6PBkF/DSF-23-6.png this is very interesting from a technical point of view, but there are already a lot of similar projects and they have not been implemented, so I would like to understand why this particular project should become popular