Skip to content Skip to sidebar Skip to footer

Exclusive CoinDesk: Pi Network Unleashes Unstoppable Decentralized Censorship on Fireside Forum - hokanews


hokanews,hoka news,,pi coin,coin,crypto,cryptocurrency,blockchain,pi network,pi network open mainnet,news,pi news     Coin     Cryptocurrency     Digital currency     Pi Network     Decentralized finance     Blockchain     Mining     Wallet     Altcoins     Smart contracts     Tokenomics     Initial Coin Offering (ICO)     Proof of Stake (PoS)     Proof of Work (PoW)     Public key cryptography Bsc News bitcoin btc Ethereum, web3hokanews

Exclusive CoinDesk: Pi Network Unleashes Unstoppable Decentralized Censorship on Fireside Forum - hokanews - In a groundbreaking move, Pi Network, an innovative platform exploring the potential of Web3, has introduced their latest feature on the Fireside Forum focused on decentralized censorship. Reported exclusively by CoinDesk, this change marks a historic milestone in efforts toward self-governing and unstoppable moderation.

On December 12, this bold step resulted in the launch of "Decentralized Censorship" within their Web3 application, the Fireside Forum. The team behind Pi Network explained that this feature aims to create an environment where users actively contribute to shaping content narratives without external interference.

One crucial aspect of this feature is the Unique Level Moderation it offers. This system provides each level with its unique responsibilities, offering token-based incentives and disincentives that motivate positive contributions. Moreover, the concept of Tokenomics and Stake is implemented with every decision and action backed by real stakes. When an action is challenged and overturned, costs come into play, ensuring accountability within the system.

Another highlighted advantage is Structured Fairness. The system provides token rewards and penalties fairly, maintaining accountability and balance by incentivizing active contributors while sanctioning offenders.

Tomorrow, the unique operational mechanisms that form the backbone of this decentralized censorship feature will be outlined. Pi Network is committed to building an environment that is not only self-sustaining but also inclusive and fair for all its users.

Major cryptocurrency news site CoinDesk today reported on the Fireside forum's decentralized moderation feature. Summary content

“December 12: Pi Network launches "Decentralized Censorship" on its Web3 App Fireside Forum, according to the team: "This promotes a self-sustaining environment where users are contributors Actively shape the content narrative.

Main aspects:

Unique Level Moderation: A system where each level has its own responsibility for token-based incentives and disincentives; Tokenomics and Stake: every decision and action in the system is backed by real stakes - if an action is challenged and overridden, it turns into a cost;

Structured Fairness: Managed token rewards and penalties are given with fairness and accountability.”

Tomorrow I will share the unique operating mechanism of decentralized censorship

This change significantly signifies a step forward in the development of Web3 platforms that promote active participation, eliminate external influences in moderation, and create a more transparent and equitable environment for the entire community.

Let's welcome this new era that encourages user engagement as the primary foundation in shaping content narratives in a decentralized and relentless manner.

Read other articles from us via and