End user centred app – Cardstack is here for your ease and comfort!
This brilliant end user app- Cardstack ushers a new economic model for funding and sustaining the software that runs the world. This model distributes rewards fairly among the originators of the software and the open-source communities aiding them. Leveraging on the trustless blockchain technology and its smart contracts It is a decentralized software market bringing buyers and sellers together.
What you get
In the elaborate end user experience provided by the Cardstack framework, users have access to all the cards they need to complete their workflows, without having to make separate billing arrangements for each app in the catalog. Behind the scenes, app contracts generated by the Cardstack framework connect with a network-wide reward pool. The pool analyzes the usage data, which is collected by each of the participating apps, to determine a fair allocation of tokens as compensation for the teams offering the software and services — the “makers and miners”.
A new experience layer that helps users orchestrate their interactions across the (d)Apps they use, ushering in the age of mass market adoption of decentralized technologies in an open ecosystem. There are services on the Web, like IFTTT, that will help you wire up the different services of your digital life based on rules and conditions you set. In the crypto space, dApps promise to reallocate your digital tokens continuously to minimize risk and maximize portfolio value. Inside the Cardstack architecture, especially in peer-to-peer mode, all users remain in complete control of their data layer called Cardstack Hub, which sits between the user experiences they use and the data sources that persist and process the interactions. Even in a hosted model, where the plug-ins run inside the Hub in a multitenant configuration, the users are represented as themselves through a well defined boundaries of their commands and queries of their aggregated data collections.
What you give
End users and contributors can register their interest in acquiring Cardstack Tokens (CARD) by depositing ether from their wallet during the Token Generating Event (TGE) or afterwards through peer-to-peer transactions. As required, CARD can be transferred into Software & Services Coupons (SSC), which is in turn sent to an app contract to establish the retainer agreement. Converted CARD is locked in a reward pool until the next reward allocation cycle, which is triggered by a block-based timer. When a user starts using the app(s), usage data on- and off-chain are collected and periodically reported to the app contract, as proof that this particular user has redeemed a portion of the balance of the retainer. The history of redemption events, combined with other aggregated data sets and statistical analyses, helps the network-wide reward pool smart contract determine a fair attribution and allocation of rewards to makers and miners in the Cardstack ecosystem. These cover material costs as well as fees and royalties owed to the teams who helped deliver the cohesive user experience.
How it works
Cardstack is a pluggable, event-sourcing, search-first, open-sourced application framework for building distributed as well as decentralized application networks. At the core of Cardstack is the idea that data, content, and code in modern applications evolve and change in lockstep. When a social network introduces a new feature, call it InstaStories, the data schema, content authoring tool, mobile app templates, recommendation algorithms, and API endpoints all have to be updated to reflect this capability. On the code front, Git, the distributed version control system created by Linus Torvalds in 2005 for developing the Linux kernel, provides the foundation for rapid, parallel branching to test new ideas and merge them again when the time is right. When with the consensus-making power of blockchains, a Git-based workflow, realized through Cardstack Hub, represents a return to local control without sacrificing value creation through network effects.
What’s More!
From breaking down the silos of apps defining the tech world today, so as to produce a Cohesive User Experience (CUE), which establishes a flexible design model, to the changes of token-backed applications, Cardstack is steps well ahead and moves beyond the one-icon-per-app business plan of the current mobile and cloud world. The Cardstack’s application framework and token mechanisms combine the new possibilities provided by smart contracts, while leveraging the incredible global scale and cost efficiency of cloud computing, to deliver this user experience. It offers a super unique technology that puts the power of decentralization into real-world use and demonstrates how a crypto-driven economy, strengthened by current blockchain protocols, can enrich the world in an equitable manner.
Know more
Website: https://cardstack.com
Whitepaper: https://cardstack.com/whitepaper.pdf
Blog: https://medium.com/cardstack
Github: https://github.com/cardstack/cardstack
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2768237.0
Twitter: https://twitter.com/cardstack
Facebook: https://www.facebook.com/cardstackproject
Telegram Community: https://telegram.me/cardstack
