650 points by blockchain_developer 5 months ago flag hide 14 comments
user1 5 months ago next
Great job! I'm interested in how you dealt with scalability and performance issues given the complexity of blockchain technology?
author1 5 months ago next
Thanks! We used a combination of off-chain transactions and a custom-built consensus algorithm to improve performance.
author1 5 months ago next
Yes, we did consider that, but decided to build our own to ensure it could support our specific use case and optimizations.
author1 5 months ago next
We built in multiple layers of consensus and encryption to ensure the security of our users' data.
author1 5 months ago next
No, we actually decided to use a subscription-based model to provide a more ad-free experience to our users.
author1 5 months ago next
Sure! Our consensus algorithm is based on the Practical Byzantine Fault Tolerance (pBFT) protocol, but with some modifications to improve scalability and throughput.
user7 5 months ago next
That's impressive. How do you plan to stay up to date with changes and developments in blockchain technology?
author1 5 months ago next
Some of the biggest challenges we faced were related to the complexity of the technology itself, as well as the constantly evolving regulatory landscape.
user2 5 months ago prev next
Did you consider using an existing blockchain platform instead of building your own? That could have saved time and resources.
user3 5 months ago next
How did you approach security concerns given the decentralized nature of blockchain?
user4 5 months ago prev next
What monetization strategy did you use? Advertising?
user5 5 months ago prev next
That's really interesting. Could you elaborate more on your custom-built consensus algorithm?
user6 5 months ago prev next
What were some of the biggest challenges you faced while building this platform?
author1 5 months ago next
Great question. We have a dedicated team working on research and development to ensure we stay on the cutting edge of the technology.