{"id":4910,"date":"2022-03-05T21:43:21","date_gmt":"2022-03-05T21:43:21","guid":{"rendered":"http:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/spankchain-whitepaper\/"},"modified":"2022-03-05T21:43:21","modified_gmt":"2022-03-05T21:43:21","slug":"spankchain-whitepaper","status":"publish","type":"post","link":"https:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/spankchain-whitepaper\/","title":{"rendered":"SpankChain Whitepaper"},"content":{"rendered":"<div readability=\"72.87682428488\">\n<p>In this paper, we present SpankChain, an adult entertainment ecosystem powered by blockchain technology.<\/p>\n<p>The SpankChain ecosystem possesses a tiered architecture featuring three layers: SpankChain Core, SpankChain Services, and SpankChain Applications.<\/p>\n<p>SpankChain Core is comprised of smart contracts and tooling which provide the foundational functionalities necessary to operate a streaming or static content distribution application, namely a user profile system and payment capabilities.<\/p>\n<p>The SpankChain Services layer contains a suite of ancillary services which add enhanced functionality to applications built upon SpankChain Core, including payment channel hubs, age verification, live video, an ad network, an affiliate network, indexing\/search, and an interface builder.<\/p>\n<p>SpankChain Applications exist on top of SpankChain Core, leveraging various SpankChain Services. The applications layer is a collection of branded interfaces that tie together underlying pieces of the ecosystem to attract paying audiences. The SpankChain team will develop the ecosystem\u2019s first application, a live cam site aptly named SpankChain.<\/p>\n<p>SpankChain utilizes a multi-token economic model, beginning with the SPANK token.<\/p>\n<p>SPANK is a staking token which can be utilized to mint alternative tokens, offering specific payment and governance rights throughout the SpankChain ecosystem. The multi-token model is designed to abstract away ecosystem-wide coordination processes from mechanisms which meter platform usage rights.<\/p>\n<p>We also introduce a novel verification game called Proof-of-Spank to address underage model swapping and simultaneously incentivize active participation in the SpankChain ecosystem.<\/p>\n<p> <a href=\"https:\/\/www.allcryptowhitepapers.com\/wp-content\/uploads\/2018\/05\/SpankChain-Whitepaper-EN.pdf\" class=\"pdfemb-viewer\" data-width=\"max\" data-height=\"max\" data-toolbar=\"bottom\" data-toolbar-fixed=\"on\">SpankChain Whitepaper (EN)<br \/><\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>In this paper, we present SpankChain, an adult entertainment ecosystem powered by blockchain technology. The SpankChain ecosystem possesses a tiered architecture featuring three layers: SpankChain Core, SpankChain Services, and SpankChain Applications. SpankChain Core is comprised of smart contracts and tooling which provide the foundational functionalities necessary to operate a streaming or static content distribution application, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4910","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/4910","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/comments?post=4910"}],"version-history":[{"count":1,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/4910\/revisions"}],"predecessor-version":[{"id":4911,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/4910\/revisions\/4911"}],"wp:attachment":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/media?parent=4910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/categories?post=4910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/tags?post=4910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}