Wikipedia Co-Founder Talks About Blockchain-Based Competitor, Everipedia, At Malta Delta Summit

Cryptovest

Published Oct 05, 2018 04:05AM ET

Updated Oct 05, 2018 05:21AM ET

Wikipedia Co-Founder Talks About Blockchain-Based Competitor, Everipedia, At Malta Delta Summit

Everipedia.org is the modern day, decentralized ‘fork’ of the renowned crowdsourced knowledge database, Wikipedia, which despite launching over 17 years ago is still rated 5th on Alexa’s top 500 global sites by traffic volume.

The new blockchain-based application, powered by EOS.io technology, has been designed to radically improve on the former antiquated platform’s flaws by removing centralized bureaucracy, international censorship and by introducing a new crypto token incentive scheme that empowers content creators.

“Thanks to new technology, it’s now possible to move beyond Wikipedia just as we moved beyond Britannica almost two decades ago.” - Larry Sanger, CIO Everipedia.

In his presentation at the Summit, Sanger highlighted that one of Wikipedia’s major shortfalls was the lack of new content contributors. As a website that received over 18 billion views per month, according to a This article appeared first on Cryptovest