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Proof-Of-Metadata

Certification Process

The certification process (Proof-Of-Metadata) is a key element of the Music Industry Decentralized Data Structures (MIDDS) system on Allfeat. It ensures that the metadata submitted to the Allfeat blockchain is accurate, verified, and reliable. The process is designed to be decentralized, transparent, and community-driven, allowing multiple stakeholders to participate and ensuring the integrity of the metadata stored on the blockchain.

Note: The certification process is currently in the alpha stage of development, and its details may change as the platform evolves.

Overview of the Certification Process

The certification process involves two main roles: Metadata Providers and Trusters. These roles collaborate to ensure that the metadata is thoroughly checked before it becomes a certified record on the blockchain.

Metadata Submission by Providers:

  • Providers are responsible for submitting metadata in the form of MIDDS, such as artist profiles, song details, and track recordings.
  • When submitting a MIDDS, providers must lock a certain amount of AFT tokens, which corresponds to the weight of the metadata. This locked collateral ensures that providers are committed to submitting high-quality, accurate data.
  • After the initial submission, providers can continue to update or complete the metadata until they mark it as ready for certification.

Validation and Certification by Trusters:

  • Once a MIDDS is marked as ready for certification, it is made available for review by Trusters.
  • Trusters can participate in the certification by depositing AFT tokens as a stake on the MIDDS they wish to certify. This stake acts as a commitment to the validity of the data.
  • Trusters can deposit the amount they wish to certify the MIDDS, similar to a betting system. A MIDDS is certified once a threshold of tokens deposited on it is reached.
  • Trusters are incentivized to participate actively, as they receive rewards once the MIDDS is successfully certified.

Certification and Record Finalization:

  • Once certified, the MIDDS becomes a permanent and immutable record on the Allfeat blockchain. This means that the metadata cannot be altered, providing a trustworthy source of information that can be accessed by other participants and decentralized applications (DApps).
  • A certified MIDDS can be accessed through the Allfeat Layer 2 bridge by Ethereum-based DApps, enabling broader utility of the verified data in various music industry applications.

Incentives and Rewards

The certification process is designed to reward participants for their contributions to the network, fostering active engagement and maintaining the quality of the metadata:

Providers:

  • Upon certification of a MIDDS, the provider is eligible to receive a portion of the rewards from pre-allocated reserve tokens. The amount of the reward is influenced by the quality and completeness of the submitted data.

Trusters:

  • Trusters receive rewards for their efforts in certifying metadata. This ensures that they are incentivized to carefully review each submission, aligning their interests with those of the network.
  • A maximum limit on the amount of tokens that a single truster can stake on a MIDDS is enforced to ensure collective participation and prevent one individual from unilaterally certifying a MIDDS.

Dispute and Contestation Period

To ensure fairness and accountability, each certified MIDDS is subject to a dispute and contestation period:

  • The contestation period allows any member of the network to challenge the accuracy or validity of the certified metadata if they believe it contains errors or inconsistencies.
  • If a challenge is successful and the certified data is proven to be inaccurate, the trusters involved may lose a portion of their staked AFT tokens, and the provider may forfeit their locked collateral.
  • This mechanism ensures that the certification process remains accountable and that any potential errors can be addressed through a transparent and community-driven process.

Parrainage System for Trusters

  • At the launch, a limited number of trusters will be nominated by default.
  • As trusters gain reputation through successful certifications, they earn the right to nominate other users to become trusters, expanding the network.
  • This sponsorship system ensures that new trusters are brought into the system based on proven reliability, fostering a trusted and reputable network.

Benefits of the Certification Process

The certification process for MIDDS offers several benefits to the Allfeat ecosystem:

  • Quality Assurance: By involving trusters and a community-driven parrainage process, the certification process ensures that only accurate and reliable metadata becomes part of the Allfeat blockchain.
  • Decentralized Participation: The process empowers the community to participate directly in maintaining the integrity of the network, fostering a sense of ownership and accountability.
  • Long-term Data Integrity: Certified MIDDS records are immutable, ensuring that the data remains trustworthy and verifiable for years to come, making Allfeat a reliable source of music industry metadata.

The certification process is crucial for maintaining the integrity and trustworthiness of the data within the Allfeat network. It combines community participation, economic incentives, and a focus on quality to create a robust system for managing and verifying music metadata.

Note: As the certification process is currently in the alpha stage, the specific mechanics and parameters may be adjusted based on feedback from the community and further testing.