Block.one and SEC have found a deal to launch a beta version of Voice
Brendan Bummer, CEO of the company, said the technical beta of Voice will be launched on February 14, 2020. Interestingly, while many other projects claimed to raise funds for a similar idea, never delivered the code. The Voice Group seeks to implement the new code on February 14, 2020.
Feb 14 is a technical beta where we can test and iterate. In the future, publishing to public chains will diversify moderation and strengthen censorship resistance. We let Coindesk know their article was misleading, but they refused to edit. Let’s fix journalism with your #Voice
— Brendan Blumer (@BrendanBlumer) January 18, 2020
The company said that it has no right to publish all relevant information. However, they will take all necessary steps for regulators, perhaps after paying 24 million to the SEC for unregistered security services.
The Voice, which works on EOS blockchain, has become an advanced technology. When in June 2019, Block.one made their plans public, people started talking about the company as a game-changer. Decentralized social networks will not censor users and are bound to facilitate the obvious benefits of blockchain.
The Voice will use unique value propositions to attract new users. And this includes three main elements: user verification through KYC, transparency and special-purpose tokens.
The Voice blockchain will create a timestamp whenever the user creates something on the platform. When you comment, share, sing, post, follow and more, the blockchain will get somewhat similar to a micro-TX. Any of your information on the platform will be available to other users. Since there is no exact guide to what’s the privacy features, wait until the beta is released.
Block.one made their plans public in June 2019
The developer of the famous blockchain network EOSIO – Block.One – announced that they would launch a social media platform called Voice on the EOS blockchain network. This announcement was made during the first-anniversary event for EOS to be held in Washington D.C, on June 1, 2019.
The Voice platform will run on the EOS blockchain network, which is about to be upgraded to Version 2.0 faster. Because Voice is using the public EOS blockchain, everything available on it will be open to the public. However, Block.One noted that it would enable better transparency, arguably the “core part” of the user experience (UI) on Voice.
In the announcement, Bummer said that current social media platforms benefit from their users. However, the Voice platform plans to change the dynamics of the game by giving users more control over their data and only benefiting from their content.
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