Transcodium - Platform Media Editing Directly, Transcoding

I'm sure most of you do not care about all the technical stuff going on behind the scenes as long as you can watch your favorite show, right. Well, by chance I'm part of this group, I do not care how the video is produced, who does what and how they do it. I just want to watch high quality video,

Today we will not talk about how all the videos are produced and the full details are all technically behind the scenes. But we will review the upcoming companies who want to be the biggest names in video transcoding. What's being transcoded? You may ask. I focus on the videos in this article, but transcoding is the conversion of files digitally from one encoding to another. These files can be video, audio or text files, for example, a music producer can convert a wav file created in his music production software into an mp3 file that will play on his phone. As I said at the beginning, the video content we watched on different devices looks perfect on every device. This is the transcoding result. Before the file is available for viewing on any video site,

SOLUTION OUTLINED TO THE PROBLEM

● Blockchain and decentralization technology models make it possible

providing a cheaper and reliable alternative to cloud transcoding.

● Due to unlimited processing power, all thanks to workers,

the file will be transcoded at a very fast speed, eliminating the long queue

and waiting time.

● Single transcoding requests will be processed by multiple nodes and

workers, so a one node or worker's outage will have no effect on

the process, making it more efficient and time saving.

● Transcoding is not limited to audio and video only, but also

other file formats such as pictures and documents.

It looks to me like a successful company in the making and I will definitely support this project. If you do not have the funds to get TNS coins now during ICO, you can wait until the project starts and take part in "mining" services, lend devices, computers, smart phones or devices with internet connectivity and processing power. . That's right, any device can be used as a worker on blocking transcodium and can get free TNS coins in return for offered services, up to 80% of the fee will be spent on workers. Masternodes must obviously have very high computing power and will produce more. In essence, high-end devices with better computing power will be rewarded with more work and therefore more

Transcodium aims to provide the first and most decentralized, ground-based blockchain peer-to-peer media to transcribe, edit and share high-quality distribution platforms with computing power and reliability at very affordable prices. This will create a global market for users, willing to rent their idle machines for use as a working tool (miners). Then, at the end of the transcoding process, the worker (processor) will be rewarded with TNS tokens that may be exchanged for any currency or may be sold to customers who require this token to be used on our platform.

Transcodium began as a Medianap in 2015 with a visual cloud and editing transcoding platform, but retired from business due to the high cost of cloud servers, we were unable to compete with existing platforms and had to switch to other businesses. By 2016, our team decided to look a chance again but this time using blockchain and decentralization technology. Unlike the previous platform, the Transcodium Network will be completely autonomous without human intervention.

Transcoding is the conversion process from one file format to another desired and compatible format Before your favorite social media platforms or streaming sites like Youtube or Netflix make videos available to you, they will convert these videos into multiple formats to support various devices such as smartphones, laptops and computers, TVs and others, because each has different capabilities. Some videos may fail to play over a slow internet connection, this type of video also needs to be converted into a lighter format in order to stream smoothly.

PROBLEM

With the current transcoding platform, issues and limitations can be identified:

• The cloud transcoding platform is too expensive and weighs on starups, which require their services. Companies have to spend more than half their revenue just to process these media files, this is certainly sad.
• The processing time is very long due to hardware limitations. The cloud transcoding platform has limits on hardware, therefore, all files must be queued for processing, until the time is processed, which leads to frustration of customers pending processing.
• Due to the centralized nature of the platform, server outages or downtime can cause the overall failure of this transcoding process 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.

SOLUTION

Here is a solution offered for the above problems:

• Blockchain and decentralized technologies are a cheaper and reliable alternative to cloud transcoding.
• Due to the unlimited processing power, due to the worker's role, the files will be transcoded in very fast speed, eliminating long queues and waiting times.
• Transcoding requests will be processed by multiple nodes and workers, so a one-node or worker outage will have no effect on the process, making it more efficient and time-saving.
• Transcoding is not limited to audio and video only, but also other file formats such as pictures and documents.

TRANSPARENCY

Utilization of smart contracts will allow transparency on the network, important information such as file duration, the amount initiated and the amount paid to the worker will all be in the ledger. Customers and workers can check how much it costs or get paid for a particular task on the network.

PROOF OF OWNERSHIP

To achieve a better decentralized consensus, the Transcodium network uses a type of proprietary evidence algorithm in which workers are randomly selected based on their portfolio and account age. It helps in selecting workers with a quality processing power that saves time and money.

PROOF OF CONVERSION

Evidence of the conversion between the central node and the worker states that, an employee must complete his duties within the given time, during processing the data, the worker sends the developments to the method, the worker must process the data completely before the deadline on the assignment mark will be canceled or inactive and will pay other workers who are preparing to take over.

The deadline is set based on the activity of the transcoding done and the size of the processed data. The contract pays the worker after transcoding and sending the file. Work is considered completed after the file is uploaded and verified by the central node. Proof of conversion will be supported by smart contract. Proof of conversion along with stock evidence makes the TNS regulation responsible for creating random selection of workers and balancing between initiators and processors.

Maybe just this, the reviews I made in terms of helping and telling everyone to, participate in the ICO or Bounty campaign they run today.

If there is any shortage in this review information, please maff for your inconvenience in reading or searching for Information, but do not worry I have provided a link you can visit, to find out more about the transcodium project, and surely you will get reliable Information from the team as well as the Founder of the transcodium project.

All information in great detail you can find on the website of the project transcodium There are also links to all social networks of the project, through which you can receive in detail and in time news and observe the process of development and establishment of the platform.

for more information about project :

website Whitepaper | Business Model | ANN Thread | Bounty Thread | Video | Telegram 

author:salsa24

my wallet:0x6772dD9EADE24C92818b5e871D4F8E86Fb590A0e