At its core, the AIOZ Network operates as a decentralized content delivery network (dCDN) driven by a global peer-to-peer network of nodes.
Here is a breakdown of the network’s functioning’s:
Nodes: AIOZ opens the door for anyone to operate a node, resembling the role of a Bitcoin miner. There are two distinct types of nodes—Hub nodes, responsible for caching and transcoding content, and Worker nodes, dedicated to streaming and caching data.
Incentives: Node operators are motivated to contribute their resources to the network, facilitated by the $AIOZ token and the Proof-of-Delivery (PoD) consensus. The quantity of tokens earned increases proportionally with the bandwidth and storage provided.
Content Hosting: Content creators have the ability to host videos and other media directly on the AIOZ blockchain. While metadata is stored on-chain, the video files are strategically cached across the decentralized node network.
Streaming: When a user engages with a video, the AIOZ smart contract system orchestrates playback through the nearest nodes, ensuring high-quality streaming with minimal latency.
Caching: To optimize efficiency, as viewership of a particular video grows, it becomes cached at nodes globally. This caching mechanism facilitates expedited delivery to subsequent viewers in the same region, fostering the widespread dissemination of popular content.
Monetization: Content creators stand to earn revenue through subscriptions and tips from their audience. This revenue is seamlessly converted into $AIOZ tokens and automatically disbursed, streamlining the monetization process within the platform.
AIOZ Network’s technology aspires to provide a swifter, more resilient and censorship-resistant alternative to current centralized streaming platforms we have by harnessing the power of blockchain and a global node network. It removes a lot of the problems with the current centralized model most of us are apart of/use on a daily basis. However the project’s goal of what they have set out to achieve with their tech is very ambitious, which definitely is not a bad thing, but only time will tell whether their team will be able to pull off such a vision. Show Less