Skip to content

Hacker Noon Is Storing Content on a Blockchain After Ditching Medium

Hacker Noon is placing its cash the place its pen is, embedding blockchain options into its new publishing platform. 

Annotations on Hacker Noon’s blog-styled content material, with some 4 million month-to-month readers, will now be domestically hosted on customers’ spare cupboard space, mentioned Hacker Noon CEO David Smooke in a press launch. These annotations and in-line feedback can be powered by ERA Inc.’s GUN, a decentralized peer-to-peer (P2P) database system.

By using native storage on Hacker Noon reader’s free CPU area, the price of sustaining the area drops on GUN particularly, ERA CEO Mark Nadal mentioned in a cellphone interview. Each companies are working in direction of additional blockchain function integrations within the close to future as properly however declined to remark on what this included.

Nadal mentioned the annotations and in-line feedback themselves can be hosted on readers’ gadgets utilizing GUN. Annotations will solely seem if permitted by the contributing writer.

“Blockchain expertise can distribute the internet hosting price of working a website like ours, the place folks spend over 25 million minutes studying every month,” Smooke mentioned.

The system was first examined in July 2019 and proved blockchain methods can be utilized each shortly and at scale because the system serviced readers efficiently for 48 hours, Nadal mentioned.

Launched in 2016 by Smooke and enterprise accomplice Jay Zalowitz together with spouse Linh Dao Smooke, Hacker Noon introduced its intentions to depart Medium final spring, citing common sentiment round publishers getting “burnt” by the platform and saying they lacked common management over content material resembling headlines, ads and URL reroutes.

In a March 2019 podcast, Smooke mentioned Medium provided to purchase out Hacker Noon for a low sum, lower than a Medium advertising and marketing skilled makes in a 12 months. Hacker Noon selected to run a crowdfunding marketing campaign as an alternative, in the end elevating $1.07 million from 1,200 folks. (Nadal participated within the funding marketing campaign.)

“Much less dependency on central entities is crucial for the web to mature into a expertise that works for the folks utilizing it,” Smooke mentioned.

Disclosure Learn Extra

The chief in blockchain information, CoinDesk is a media outlet that strives for the best journalistic requirements and abides by a strict set of editorial insurance policies. CoinDesk is an unbiased working subsidiary of Digital Foreign money Group, which invests in cryptocurrencies and blockchain startups.

The post Hacker Noon Is Storing Content on a Blockchain After Ditching Medium appeared first on The Bulletin Time.