What is TRANSCODIUM?
This transcode aims to deliver media based on the first peer chain to the forefront and decentralized to meandranskipsik, editing and distributing high quality platforms with computing power and reliable at very affordable prices. This will create a global market for users who want to rent out their idle machines, which will be used as tools for working (miners). Then, at the end of the process, the transcode worker (the processor) will get a token that can be activated with TNS in any currency or can be sold to a customer (founder) who needs this token to use on our platform.
Transcodium was present earlier this year to become a crypto trading company that has certain features, with the crypto market market that many and high currently dominate the market. The Transcodium Company became one of the big companies that have a great success rate in the future. Trading in the crypto world has never escaped the rise and fall of currency fluctuations and the exchange of coins, this is a natural thing felt by crypto trading companies and the company has no creative idea that can prevent the system out of investment, of course this is a disaster that can result fatal with the destruction of the company. Decentralized investment funds in the blockchain platform for investors around the world are the effective philosophies offered by this platform. With the vision and mission of the concept of mutual benefit between the project owner and the owner of the token. With so many markets in the world of cryptography this year that allows competitors from many companies that trade or commerce should have more unique features and creativity, this could be one of the success points that can be achieved by the crypto trading community.
Transcoding Industrial Market
The volume of the global video recording software market is expected to grow from USD 3.25 Billion in 2017 to USD 7.50 Billion in 2007 and about 87% of online marketers use video and one third of online activity is used by our community to watch videos. . Even in 100 million hours of video on facebook in everyday watches.
By 2019, the volume of video usage will reach 80% of all internet user traffic.
The transcoding industry has a huge market, so the limited supply of coins is a big advantage for investors and marketers in the near future.
Transcodium will provide the SDK and API for the use and access of data on the network. Developers can build their own software or services around it.
Developers who build media conversion software can take advantage of network services such as providing their software with the ability to export their products to multiple destinations such as youtube, facebook, Dailymotion and so on.
By leveraging the Transcodium network, developers can create complex video and audio editing tools with powerful features that in many cases take a long time to be processed on a user's computer or smartphone.
By leveraging Transcodium methods, developers can build their own exchange market to help TNS token trading easily, developers can add their own costs to make a profit.
Identification of problems
With the current cloud transcoding platform, the following issues and limitations are identified:
- Cloud transcoding platforms are too expensive and scare start-ups, which require their services. Existing companies need to spend more than half their revenue just to process these unattractive media files
- Long due to hardware limitations. Transcoding Cloud Platform has hard hard limits, therefore all the files that will be there are queued up, until they are processed, which causes frustration on the customer side waiting for the process.
- Due to the nature of the platform, server outages can cause overall transcoding failures to be a waste of time, money and resources.
- Most transcoding platforms are limited to media file formats, making it very difficult to convert other formats such as image and document formats
Transcodium Solutions
Here is the proposed solution to the above problem:
- Blockchain and decentralized technology models enable the provision of cheaper and reliable alternatives to cloud transcoding.
- Due to its unlimited processing power, all thanks to the workers, the files will be transcoded in very fast speed, eliminating long queues and waiting times.
- Single transcoding requests will be processed by many nodes and workers, so one worker node or outage does not matter The process makes it more efficient and saves time.
- Transcoding is not just limited to audio and video only, but also other file formats such as pictures and documents.
The use of intelligent contracts will allow transparency on the network, important information such as file duration, the initiated amount has been filled and the amount paid to the worker will all be in the ledger.
PROOF PROOF
To achieve a better decentralization consensus, the Transcodium network
using a type of evidence algorithm where workers are randomly selected based on the wealth and age of their accounts. It helps in selecting workers with quality processing power that saves time and money.
EXAMPLE OF EVIDENCE
The proof of the conversion agreement between the master and worker nodes states that an employee must complete his duties within the given timeframe to receive the award, during processing the data, the worker sends
update progress to the parent node, the worker must complete the data processing before the specified time limit, the network will mark the assignment canceled or inactive and will assign the same task to the next unemployed worker.
WORKERS
Workers are idle devices that are responsible for processing data on the network. Any device with an internet connection and capable of installing an app can be a worker. A worker can earn more awards if they have a higher specification such as a multi-core device or a GPU-based device.
CUSTOMER
The transcodium network will allow customers to use unlimited proxy processing with very cheap compensation for the task. Customers will be able to choose the price range price provided by TNS regulations, The higher the price the faster the file conversion and vice versa.
DEVELOPMENT
Transcodium will provide the SDK & API to use or access data at
network. Developers can create their own software or services around it. Use Case 1: Developers of building media conversion software can take advantage of network services such as giving users their service software with the ability to export their products to many destinations like youtube, facebook. , Dailymotion and others.
Transcodium Token
Role Token - Represents the processing power used for file conversion
Symbol: TNS
Blockchain: Ethereal
Standard Token: ERC20
Supply: 120,000,000 TNS
Sale: 86.4 million TNs
Currency received: ETH, BTC, LTC
Pre Sell Period: 07 / 01/2018 00: 00 UTC to 28/02/2018 00:00 UTC
Minimum goal: $ 500,000 USD
Maximum goal: $ 30,000,000 USD
Info Price.
1 TNS = $ 0.376 USD
1 BTC = 38467.28723404 TNS
1 ETH = 1963.52393617 TNS
1 LTC = 636.49734043 TNS
Token Distribution
ROADMAP
TEAM
Website: https://transcodium.com/?lang=en
Whitepaper: https://transcodium.com/files/whitepaper.pdf
Facebook: https://web.facebook.com/transcodium/?_rdc=1&_rdr
Telegram: https://t.me/transcodium
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1785586
Eth: 0xbDF56fAC1d4b6591178a8bc94A53B01F1fec2861
