OATH PROTOCOL - Establish a Standardized and Standardized Agnostic Public Protocol

in #bitcoin5 years ago

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Hello everyone, this new post I want to introduce about a very interesting and good project that is The Oath Protocol, and for more details, let's just go to the following discussion:

What is OATH?

The OATH project is to establish a decentralized, standard, and expandable public agnostic protocol that protects the rights and assets of users dApp.

The OATH dispute resolution protocol platform is modeled on the common-law jury system and uses blockchain, cryptographic algorithms, random algorithms related to categories and attributes, jury credit levels, and case tracking technology.

The OATH core concept consists of 4 parts;

First: USE OF INTELLIGENT CONTRACTS
User-friendly smart contracting tools will greatly reduce the barriers to using smart contracts. In addition, the OATH protocol will be built into the smart contract to protect user rights and assets.

Second: DECENTRALIZATION ≠ ANARCHY
Decentralized ecosystems must be managed by decentralized communities. OATH provides standard blockchain governance protocols by regulating a decentralized jury community, consisting of members with diverse backgrounds and fields of expertise, to resolve disputes or arguments about the blockchain.

Third: CONSENSUS IS A REAL LAW
While it is true that "code is legal," the code can only be executed by rules programmed into the code, and it cannot solve any problem outside of that parameter.
Consensus is the real law because only consensus among all users is able to solve all problems.

Fourth: SHARED COMMUNITIES
DApp users are given incentives to build healthy ecosystems. OATH invites users from various communities to not only provide governance for the dApp they support, but also for other ecosystems. In this way, we can grow a large community together.

The OATH Protocol platform encourages users from various communities to join us and become part of our OATH Jury to help manage chain and dispute settlement dApp.

Why OATH? because every user needs it from time to time. As;

  • TRUST
    All key data, such as contracts and relevant evidence, are included in the blockchain to make permanent and unchanging records.

  • CONFIDENTIALITY
    The identity of jury members is kept confidential through cryptographic techniques to ensure objectivity and immunity from external influences.

  • DYNAMICITY
    The OATH dynamic allocation algorithm reduces the possibility of the same jury member resolving several disputes to avoid collusion.

  • JUSTICE
    OATH categorized random algorithms, designed to reduce bias, choose juries of various backgrounds to ensure fairness.

  • INCENTIVE
    The OATH credit level system and token mechanism work together to evaluate and motivate judges.

  • AUTONOMY
    Both parties to the contract can arrange details of the dispute resolution process that they agreed to tie.

  • TRANSPARENCY
    After the dispute was resolved, the jury's voice and other reasons were revealed to the public.

  • ARCHIVE
    Contracts and the outcome of dispute resolution are encrypted and stored in the OATH Chain for future reference.

What is OATH Tokens

Tokens that will facilitate engagement between participants on the platform by providing access to the platform and acting as an internal currency. OATH can be earned by acting as nodes, arbitraging contracts, or providing community services. It may also be purchased from crypto exchanges and marketplaces.

TOKEN ALLOCATION

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ROADMAP
Market Research and Analysis Use Case Evaluation

2018 - Q2 - Project Initiation
2018 - Q3 - Team and Advisors
2018 - Q4 - Partnership Network
2019 - Q1 - Public Beta and Integration
2019 - Q2 - Mainnet Launch
2019 - Q3 - API Version and Partner Expansion
2019 - Q4 - New Features

You can join or participate in the Oath Protocol sales crowd through the following links:

WEBSITE: https://oaths.io/en/#about
WHITEPAPER: https://oathprotocol.com/files/OATH-Whitepaper-EN.pdf
FACEBOOK: https://www.facebook.com/oathprotocol/
TWITTER: https://twitter.com/OathProtocol
TELEGRAM: https://t.me/oathsio

Bitcointalk username: Sinseykoin

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