TRANSCODIUM

Februari 27, 2018

What is Transcodium?

Transcodium intends to provide the first platform to edit, transcode and distribute files in a decentralized, peer-to-peer manner with great quality and reliability at great prices. This will generate a market for users globally, willing to rent out their idle equipment to be employed. In addition, after completing the process, the worker (processor) will be rewarded with a TNS Token. Token TNS is the official symbol of UTILITY used on the Transcodium Platform after the platform is launched. Transcodium also aims to provide the first peer-to-peer blocker network based on a decentralized platform to transcode, edit and distribute reliable, high-quality computing power at a very affordable price.

Transcoding is the process of converting 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 turn this video into several formats to support various devices such as smartphones. , laptop and computer, TV and others, because each has different capabilities. Some videos may fail to play through a slow internet connection, this type of video also needs to be converted into a lighter format in order to be smooth.

Transcodium is a blockbuster project built on transcoding files because it is transmitted over the network. This platform eliminates many shortcomings (works with cloud, conversion speed, cost, etc. is low), which prevents the full operation of other sources in the streaming industry. Like all platforms, Transcodium develops its coins and sales program.

Problem
Currently the cloud transcoding ecosystem, the following problems and limitations are identified:

Cloud transcoding platform is too expensive and scary. Existing companies must spend more than half their income just to cultivate unappealing media.

Prolonged processing time due to hardware limitations. Cloud transcoding has a hard limit on hardware, therefore, all the files to be processed are queued, until the time is processed, causing frustration on the client waiting to be processed.

SOLUTION
Here are the solutions offered for the above issues:
Blockchain technology and decentralization are cheaper and reliable alternatives to cloud transcoding. Due to unlimited processing power, due to worker roles, files will be transcoded in very fast speed, eliminating long queues and waiting times.
Transcode 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.

What are the features of project tokenisasi?
Consider conditions, currency characteristics and ICO:

coin name: TNS;
standard: ERC20;
Pre-ICO Date: open until 28 February 2018;
Date of ICO: March 2018;
received currency: ЕТН, ВТС, BCH, LTC;
price: 1 TNS = 0.376 USD.
Soft Cap: $ 500,000;
Cap Hard: $ 30,000,000;
token problem: 120,000,000 TNS;
number of coins sold: 86 400 000 TNS.

roadmap