About the key features of the Joystream

КСЕНИЯ Ахроменко
5 min readAug 2, 2021

Joystream is an open source video decentralized platform that is controlled, owned and operated by its users. Users can upload, view, rate, comment, add to favorites and share certain videos.

Joystream is a video platform that is controlled, owned and managed by its users.
According to PolkaProject, the Joystream project is a decentralized organization (DAO) operating on its own blockchain, created on the basis of the Substrate framework. Thus, Joystream can claim the role of the Polkadot parachain, specializing in servicing suppliers and consumers of decentralized video content.

Some consider Joystream as an analog of Vimeo, Rutube, or YouTube developed and supported by the community.

The Joystream protocol attempts to formalize a form of content that is managed and managed by platform users. The central element of the protocol is the state of the common platform, implemented on the basis of the blockchain consensus system, which coordinates and provides incentives for all stakeholders. The contract platform aspect is endogenous to the protocol, and each subsystem is fully accountable to users and is managed by them, as represented by the management system.

The main purpose of the existence of this decentralized platform is to remain honest and open to people, not to bother with advertising and, if possible, to compensate for the negative experience from advertising with various incentives.

About the Joystream Protocol

The Joystream Protocol is an attempt to formalize the structure and functions of a content platform, where user accountability is a key goal and organizational principle. Users will have the right to vote to determine the platform’s policy. Users will have effective means to coordinate and make decisions on key issues. The state of the platform lives in an open blockchain system. As a result, it has a public state and history, it is fully verifiable data and this is fundamentally and will remain unchanged. The protocol itself is open and implemented in open source software . It has open public access. The status and data are available to everyone. This makes the stage of copying and creating an alternative project trivial. Users will have effective means of creating new instances of the platform that can save all the data of the old platform. This will allow you to fully reproduce the technical, administrative and economic state of the platform.

Problems solved by Joystream

The founders of the project believe that art, whether it is literature, music, films, games or performance, is an important tool through which societies establish a common understanding of what is common knowledge among all participants. These expressions define the values that ultimately shape culture, faith, and even public policy. Therefore, it is very important how it is financed, distributed and paid for. Digital media has become the main means of spreading such expression, and digital media platforms have become the key institutions organizing this activity.
1. Unfortunately, due to network effects, economies of scale, regulatory requirements and political interests, today we have several large institutions that set the conditions for how this whole process takes place.
2. The existing platforms are almost completely not accountable to normal market and political mechanisms. As a result, our stories and interactions are processed and filtered on their terms.

What opportunities does the Joystream platform offer?

The platform can offer for users:

  • catalog of carefully selected content that will be checked by curators.
  • Storage and distribution of content using distributed decentralized technology implies: 

1) this system will not be so easy to turn off in case of disputes or other misunderstandings with corporations or controlling state structures of different countries 

2) it will be difficult to block the content creator for content delivery, since numerous storage nodes are dynamic and can easily change addresses(in both senses, electronic and physical), unlike the outdated highly vulnerable approach of corporate centralization.

Roles in the network

The test network provides several active roles for its participants. Participation in them allows you to earn tJOY tokens, influencing the current development of the platform.

Validator
The state of the Joystream platform is based on the blockchain consensus system. This consensus system is a variant of the classic BFT consensus combined with Proof-of-Stake to determine the number of votes. A validator is an entity that verifies the validity of newly created blocks, offers new blocks and participates in the approval process for fixing a new block in the chain.

Members of the Council
The platform management process is based on a system of proposals that allows anyone to make proposals to change the state or policy of the platform in any way. These proposals are processed and put to the vote by the council, whose participants are called members of the council. A seat on the council is won as a result of an electoral process that lasts for some time until new elections.

Storage Provider
There are important platform assets that do not live in the blockchain, such as images and multimedia content. The integrity of these assets is ensured by the chain, but a separate set of storage and distribution nodes allows you to upload and download such data. The storage provider participates in this activity, in particular, by storing large amounts of data.

Content Curator
All media content published on the platform is located in the content catalog on the network.For effective use of content, for example, when displaying, detecting and monetizing, it is critical to ensure the reliability of published information for all content. In particular, it is important to resolve possible disputes about the ownership and availability of any piece of content on the platform. The task of content curators is to perform work related to the processes aimed at achieving these goals.

Content Creator
As a video platform, one of the most important assets of the platform is the content published on the platform. Content creators are those who participate in the creation, publication and monetization of content on the platform.

Other roles
As the network develops, other roles will be implemented in it, including such as:
* Observer
* Curator of Membership
* Bandwidth Provider
• Discovery Provider
• Provider of live broadcasts
• Builder
* Moderator of communications

For more detailed information, visit the page https://www.joystream.org,

as well as community chats on social networks:
Project Twitter
Reddit project
Belarusian community in telegram
Telegram channel “ Joystream pa Belarus”
Russian community in telegram
English-speaking community in telegram.

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