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Title: >>>BOSAGORA Discussion Thread<<< Post by: BOSAGORA on August 04, 2020, 09:07:23 AM Hi all, I'm the BD for BOSAGORA (bosagora.io).
A few things about the project [BOSASGORA] BOSAGORA aims to establish a decentralized, censorship-resistant blockchain platform where stakers (part of the Congress) can decide on what projects to support through a democratic decision-making process. BOSAGORA pursues the goals of democracy, legitimacy, fairness, transparency, and efficiency. [Main Difference] - We are not a fork from another main net. - Our protocol is based on PoS and is a full node based on open membership, meaning that the network is open to anyone who is willing to participate and earn incentives. - We also planing to use the flash layer, which is a built-in 2nd layer solution that can enhance scalability. - Our distinctive feature lies in the public financing of project proposals using the Commons Budget. The members of the Congress can vote on what proposals are attractive and doable and support the proposal. [Additional Info] Hmpg: bosagora.io CMC: https://coinmarketcap.com/currencies/bosagora/ WP: https://bosagora.io/wp-content/uploads/2020/01/BOSAGORA-Whitepaper-En.pdf I'd be happy to answer any questions about the project! Title: Re: >>>BOSAGORA Discussion Thread<<< Post by: 2bfree on August 04, 2020, 07:56:02 PM OK, I have a question; how are you different ?
Title: Re: >>>BOSAGORA Discussion Thread<<< Post by: BOSAGORA on August 05, 2020, 04:18:23 AM The node operators will be the ones to make decisions about what goes on within BOSAGORA and this will provide inclusive collaboration throughout the ecosystem. In other projects like Ethereum for example, anyone could choose to build a project on the blockchain without having to ask permission from the wider community. During the ICO period of 2017/18, this is what lead to much of the speed and scalability issues that Ethereum continues to deal with.
With the Congress Network, however, that BOSAGORA is striving to build, projects would need to achieve approval from the network members first before developers could start building. This is called "System Proposal." This also extends to the allocation of funding from the BOSAGORA Commons Budget. Funding proposals that garner approval from the Congress Network will be able to access funding that can benefit the entire ecosystem. We also have Congress Network, in which the members can decide and vote on how to allocate the budget in the Commons Budget. This allows for democratic decision-making in both political and financial terms. |