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    Status plans to incentivize node operators for decentralized messaging protocol



     According to the project, one of the pushes for its development was
    Ethereum co-founder Vitalik Buterin recently encouraging developers to
    consider non-financial applications for DeFi. 

    Ethereum-based project Status has started an incentivization program
    for node operators around its decentralized peer-to-peer messaging
    protocol, Waku.

    In an announcement today, Status said it would be
    rolling out the first phase of a program to encourage people to set up
    and run nodes used by Waku, a private messenger based on the Whisper
    protocol. The project said it planned to offer up to $100 worth in its
    native token SNT to 100 people participating in a three-month program.

    The
    Status team forked Whisper to create Waku in 2019. The protocol uses
    community owned and operated nodes to route messages through the network
    rather than the “traditional” client-server model, with the project
    working on a peer-to-peer messaging service aimed at competing with
    major firms like WhatsApp, Telegram, and Signal.

    “Using
    peer-to-peer networks for personal communication is the only reliable
    way to escape censorship,” said former Cointelegraph reporter Andrey
    Shevchenko, who will be running one of the nodes. “Status has clearly
    put a lot of effort into this to make it technically viable so I’m
    curious to see where it goes.”

    According to the project, one of the pushes for the development of the protocol was Ethereum co-founder Vitalik Buterin recently encouraging developers
    to “go further” in innovating beyond the typical boundaries of
    decentralized finance, or DeFi. Buterin said that non-financial
    applications for Ethereum, including decentralized social media, could
    serve this purpose.

    Related: Status, an Ethereum Private Messenger Goes Waku on Telegram

    The
    Status rewards program provides a small incentive for participants to
    provide they have set up and maintained one of the nodes. The project
    ran a pilot in South Korea — where it plans to have 25 nodes up and
    running — but also aims for a large presence in Latin America.

    source link : https://cointelegraph.com/news/status-plans-to-incentivize-node-operators-for-decentralized-messaging-protocol

     


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