βοΈOur Backbone
Last updated
Last updated
At the backbone of Publed lies a disruptive technology known as a Blockchain - a decentralized and distributed ledger that securely operates across an interconnected network of nodes. Publed harnesses the potential of Blockchain to reshape knowledge production and collaboration by introducing unforeseen transparency and decentralization to the process. By embracing this integration of Web3 technologies, Publed is contributing to a new era of knowledge sharing.
Publed guarantees knowledge creators maintain ownership of their contributions. We encapsulate and acknowledge diverse knowledge artifacts, extending beyond conventional and obsolete formats.
This Knowledge Object encompasses various elements like datasets, tools, presentations, demos, and more, preserving copyright and promoting comprehensive knowledge sharing, thereby fostering replication.
On Publed, every Knowledge Object is minted as a cNFT (compressed Non-Fungible Tokens).
Why is it good?
NFTs have a lot of advantages and amazing use cases but one problem that they have is the cost of creating and managing NFTs in a blockchain, which has led to the creation of cNFTs.
cNFTs use Merkle trees on the Solana ledger and store their roots on-chain. The compressed NFT on the blockchain includes a small piece of data that points to where the detailed information is stored (usually in cloud solutions or decentralized storage systems like IPFS). It includes cryptographic proofs to ensure the data hasn't been tampered with, so its integrity can be verified.
Compression reduces the cost of creating and managing NFTs by eliminating the need to separate mint, token, and metadata accounts. Merkle trees also reduce the amount of data stored on-chain, ensuring that the system remains highly scalable.
In a world with 220M+ students and 9M+ researchers creating knowledge daily through studies, research, and various artifacts, leveraging cNFTs can be a game-changer for the academic and research communities, facilitating the monetization and sharing of intellectual property.
The significance of data storage in the realm of knowledge, whether it encompasses research findings or academic work can't be overstated. Determining where and how to store data, as well as for how long, constitutes essential variables for knowledge data storage. Publed relies on decentralized protocols for storage to ensure permanent availability and accessibility. By distributing knowledge data across a network of nodes, we safeguard against data loss and uphold the integrity of knowledge data.
Collection Size | Cost w/o compression | Cost w/ compression |
---|---|---|
1M NFTs
12K SOL
5 SOL
1B NFTs
12M SOL
500 SOL