Google trend - Oyster

Oyster is a decentralized data storage platform built on the Ethereum blockchain that aims to revolutionize the way data is stored and accessed on the internet. It provides a secure, efficient, and cost-effective solution for individuals and businesses to store their data without relying on traditional centralized storage providers.

At its core, Oyster utilizes a combination of blockchain technology and a unique storage protocol called the Tangle to create a decentralized network of storage nodes. These nodes are essentially computers that volunteer their spare storage space and computing power to the network in exchange for Oyster Pearls (PRL), the native cryptocurrency of the platform.

One of the key features of Oyster is its ability to store data across multiple nodes, making it highly resistant to censorship and data loss. When a user uploads a file to the Oyster network, it is encrypted, divided into small pieces, and distributed across numerous nodes. This ensures that even if a few nodes go offline or become compromised, the data remains intact and accessible.

Another important aspect of Oyster is its innovative revenue model. Instead of charging users directly for storage, Oyster relies on a concept called "website monetization." Website owners can integrate a small piece of code known as the Oyster Shell (SHL) into their websites, which allows them to generate revenue by utilizing visitors' computing power to contribute to the Oyster network. This revenue is then used to pay for the storage costs of the website owner.

The Oyster network also provides an additional layer of security through the use of smart contracts. Smart contracts are self-executing contracts with the terms of the agreement directly written into lines of code. In the case of Oyster, smart contracts are used to handle the storage and retrieval of data, ensuring that all transactions are transparent, secure, and verifiable.

Furthermore, Oyster aims to tackle the issue of online advertising fraud by introducing a concept called "Proof of Work." This means that before an advertisement is displayed on a website, the visitor's browser must solve a computational puzzle, proving that they have spent a certain amount of time on the website. This reduces the effectiveness of fraudulent practices such as click farms and bot traffic, making online advertising more reliable and transparent.

In terms of scalability, Oyster has a unique solution called "sharding." Sharding is a technique that allows the network to process and store data in parallel, significantly increasing its capacity and performance. This ensures that as the Oyster network grows, it can handle a large number of users and their data without compromising on speed or security.

Overall, Oyster is a groundbreaking platform that combines blockchain technology, decentralized storage, and website monetization to create a more secure, efficient, and cost-effective way of storing and accessing data on the internet. With its innovative features and revenue model, Oyster has the potential to disrupt the traditional centralized storage providers and empower individuals and businesses to take control of their data.