[ANN]🔵🔵 OYSTER 🔵🔵 Anonymous Storage Generates Revenue for Websites

[premium_domainer]

Oyster PRL is launching mainnet in April. Possible 10x short term, EOY 100x:
https://bitcointalk.org/index.php?topic=3350820.0

I agree with the potential of oyster but making an assumption like 10x short term or 100x only disappoint yourself and fools the newbies.

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[memii]

In fact, this is impact of launch of MainNet that market was suppressed heavily. It is enough to understand at airdropped snapshot time and platform's launch date reaching near where do you see price dumping ? Oyster is full of potential for every season from short to long term based investment. It is recovering as weak hands may have gone already.

[ToTheMoon_XOM9IK]

William Halunen:

Because the Oyster Network is a fully decentralized system, it requires a trustless mechanism  to manage it's referenced value token; the Oyster Pearl. The Oyster Pearl is an ERC20-
compliant token on the Ethereum Blockchain that contains custom designed properties that enable the functionality of the Oyster Protocol.

A custom function specific to the Pearl token is the bury function. Burying an Ethereum address blocks Pearls from being withdrawn whilst still permitting deposits. Deposits to a
buried address are still enabled to allow Storage Users to potentially extend the lifespan of their data to prevent intentional data expiration. Broker Nodes invoke the bury function of the Oyster Contract when initially uploading a file to the Tangle. The Pearls that are embedded in the Data Map by the Broker Node are withheld by the Oyster Contract and are therefore unspendable.

As Web Nodes seek treasure they will encounter private seed keys of Ethereum addresses that have had the bury function invoked on them, therefore locking the Pearls from being withdrawn all at once. Therefore anyone who retrieves the private seed key, Web Node or not, will not be able to withdraw any Pearls via the typical transfer function that is invoked on all ERC20-compliant tokens. A Web Node must ask a Broker Node to invoke the claim function on behalf of the Website Owner's Ethereum address. The claim function can only be invoked on an Ethereum address that is in a buried state.

[cr1pto]

Oyster has two testnets and a mainnet on schedule for release this month. More importantly we solve two legitimate problems. Eventually our protocol won't even need the average user to know anything about crypto in order to use it. This increases adoption potential

Yeah, because it solves the biggest "problem" people have. The fear of crypto because of all the FUD from MSM...
I went on a debate and one of the developers said, that crypto will truly make it big, when people won't now that they are using it

[LGD2Business]

Oyster PRL is launching mainnet in April. Possible 10x short term, EOY 100x

10x long term is reasonable expectation. 10x short term is almost impossible.
End of the year 100x is not even a debate. We are also investors but we don't have unreasonable requests from Oyster.

[bobq]

wow sell down continues ....

thinking about selling all prl and buying back at cheaper prices

Now it's too late. meaning that you could end up buying at the bottom. You should have acted immediately after the snapshot.

Buying at the bottom is what you should aim for.

He probably wanted to say "sell at the bottom".

Yes, sorry, a slip of the keyboard (a sort of slip of the toungue, but more permanent). I wanted actually to say "sell at the bottom". And the recent little bounce of the price seems to confirm my suggestion.

[cryptoluke69]

Oyster's CMO Chris Garner featured on Future Tech Podcast:

https://www.futuretechpodcast.com/podcasts/chris-garner-advertising-evangelist-oyster/

[Xantrax]

How long would it take for the speed to get to a more reasonable level because I inputed the speed into a calculator online and apparently it would take 9 hours to upload 1gb of data

[cryptocommoner]

How long would it take for the speed to get to a more reasonable level because I inputed the speed into a calculator online and apparently it would take 9 hours to upload 1gb of data

The speed will increase based on the number of users participating in the project.

[ToTheMoon_XOM9IK]

Let’s support Oyster Protocol (you shuold press the button ”Real”):


https://coinmarketcal.com/?form%5Bdate_range%5D=20%2F04%2F2018+-+01%2F09%2F2021&form%5Bsort_by%5D=hot_events&form%5Bsubmit%5D=

[Kloosterboer]

Interesting concept, I like it much. Dev, what about testing? Have you already tested the net? And will there be an app fo Oyster?

[ToTheMoon_XOM9IK]

https://medium.com/oysterprotocol/oyster-testnet-improvements-69feed6cd9f4

https://medium.com/oysterprotocol/cmo-hire-infrastrucure-and-testnet-b-progress-update-e6fcad9b54b6

[cryptoluke69]

Interesting concept, I like it much. Dev, what about testing? Have you already tested the net? And will there be an app fo Oyster?

You can test the protocol yourself:

http://oysterstorage.com/

But the speed of upload is very low, as this is a test net afterall. The devs said we can expect about 100x faster uploads when mainnet launches end of this month! And with further development of the protocol the only limit of upload speed will be your bandwidth.

[Chrmel612]

How long would it take for the speed to get to a more reasonable level because I inputed the speed into a calculator online and apparently it would take 9 hours to upload 1gb of data

It will only increase if there are many people participating in the network. And because of the difficulty adjustment, people would join the pool because for sure the rewards is high.

[ToTheMoon_XOM9IK]

MrRedPanda:

I will try to explain to you this matter at a possible life-cycle of 0.5 PRL:

You go along and use 0.5 PRL to save e.g. 32 GB (since 64GB/year is currently the minimum, the peg can be higher) of family photos for 1 year on the tangle.

What happens next?
You pay for the upload, the broker node is paying hook nodes to do the nessecary PoW for the upload on the tangle. Now the left PRLs of those 0.5 PRLs are getting split up in ~50% and ~50%. One of those ~50% are taken by the broker and the other ~50% are buried, set in a slow-release-state. [Numbers here are also just an example. They can still change]

Now web nodes are comming in ecosystem. Web nodes are people visiting websites, running the Oyster JS script. By paying with a little bit of their CPU/GPU, website visitors are getting access to the content provided by the website owner.

Those web nodes are 'treasure hunting' for the buried PRLs. For that they are getting 'treasure maps' from the broker nodes but they have to perform PoW first - meaning reattaching the filechunks of the upload you or others performed earlier.

Those found PRLs will get send by the broker to the website owners entered ETH-address.

The website owner can then e.g. use the PRLs for himself to store data on the tangle e.g. for his website, hold them, or sell them on exchanges.

Now you need another 0.5 PRL for another vacation picture folder. You are going to an exchange and buy those PRLs to use them for your next upload.

Repeat.

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[ToTheMoon_XOM9IK]

SHL Airdrop has begun and transactions will be rolled out in batches.

https://etherscan.io/address/0xc4a90537c1bd0fe5b9229a1c65f5b4144bf68d84

[ToTheMoon_XOM9IK]

Q: "How to see your SHL balances by adding it as a custom token?"
____
Contract Address: 0x8542325b72c6d9fc0ad2ca965a78435413a915a0
Symbol: SHL
Decimals: 18

[bazzz]

SHL Airdrop has begun and transactions will be rolled out in batches.

https://etherscan.io/address/0xc4a90537c1bd0fe5b9229a1c65f5b4144bf68d84

Good news. I have not received my tokens yet, but I see that the shipment is still ongoing. While I'll just wait

[snakejack]

Just received my SHL, thanks 

[yra1206]

And when will the tokens go to the kucoin and be added to the balances?