2023-07-17

Published on Monday, July 17, 2023

By PermaDAO

In Permaweb STAMP Arweave

Tags Permaweb, Stamp protocol, Arweave

Clicking "Like" on Permaweb: Stamp Protocol Leads a New Era of Content Curation

The internet today is filled with an enormous amount of information, and users not only face the challenge of information overload but also strive to obtain useful and high-quality content. To address this issue, content curation has emerged as a new field. In the era of Web3, the development of blockchain technology has provided more possibilities for content curation, leveraging its transparency, immutability, and decentralisation. These advantages and opportunities are brought to content curation through the Stamp protocol on Permaweb. This article will introduce the Stamp protocol on Permaweb, explore its applications and significance, and discuss how to optimise content curation using this protocol.

Overview of the Stamp Protocol

"Stamp is the 'Like' protocol of the Permaweb."

Stamp is a content curation protocol built on Arweave, aiming to provide new ways of content interaction on Permaweb. Users can "STAMP" high-quality content, similar to clicking the "Like" button on social media platforms. This action not only rewards content creators with $STAMP tokens but also helps filter out high-quality content on Permaweb.

The founder of the Stamp protocol is rakis (@rakis_me). As an active developer and builder in the Arweave ecosystem, he is also the founder of Permanote, Permapages, and hyper.io.

Advantages and Challenges of Permaweb

Permaweb is a permanent and decentralised network supported by Arweave technology, storing a vast amount of web pages, applications, and files. Unlike traditional networks, content added to Permaweb cannot be deleted or altered, making it permanent.

As a powerful permanent network, Permaweb seems to have everything. However, you will find that Permaweb, hosting a massive amount of data, is like a silent sea lacking vitality and navigation, making it difficult to find truly valuable resources conveniently. As data continues to grow, the difficulty of finding high-quality content also increases.

How does the emergence of the Stamp protocol fill this gap in Permaweb and awaken this silent sea? Let's continue to explore.

Components of the Stamp Protocol

The Stamp protocol achieves scalability by utilising the decentralised components of Permaweb, including the Arweave network, ar.io gateway, bundler service, and SmartWeave contracts.

The Stamp protocol consists of three components: the core component, the Sybil component, and the reward component. Each component plays an important role, with the core component ensuring permanence, the Sybil component used for identity verification, and the reward component facilitating value transfer.

1. Core Component

The core component of the Stamp protocol introduces two basic tags in Arweave transactions: Protocol-Name and Data-Source. Every STAMP transaction must include these two tags and can be searched through GraphQL endpoints.

The core component provides a scalable "STAMP" solution, but there may be issues of duplicate STAMPs and Sybil attacks.

2. Sybil Component

The Sybil component is used to strengthen the network's defense mechanism against non-human attacks. Currently, this component uses the VouchDAO to prove whether a wallet address belongs to a real human. It utilises the Vouch Twitter service to verify human identity and ensure the value of the address's "STAMP." VouchDAO is a decentralised verification layer built on the Vouch standard, and it is also a community that collectively determines which verification services are trustworthy through voting.

After being validated by VouchDAO, a user's address gains trust on Permaweb. Developers can use GraphQL to determine whether the address of a stamping transaction has been validated.

3. Reward Component

The reward component aims to incentivise content creators by allowing users to "STAMP" content. It serves as a way for Permaweb users to express their preferences for content. The Stamp protocol releases a certain amount of $STAMP tokens every day and distributes them among content creators and owners of web pages with the most "STAMPs." To participate in the rewards, assets need to be registered and "STAMP'd" using SmartWeave contracts.

Possibilities Brought by the Stamp Protocol

Based on its own characteristics, the Stamp protocol brings many possibilities to Permaweb, allowing us to see a completely new face of Permaweb. The continuous development and exploration of the Stamp protocol make it suitable for various applications on Permaweb, further enhancing the quality and discoverability of content.

1. Establishing a Reputation System

In the Web3 place, a reputation system is a mechanism used to record and evaluate user behaviour and reputation in a blockchain network. It is based on the decentralised nature of blockchain technology and aims to provide users with trustworthy and traceable reputation credentials.

Establishing and maintaining trust on the internet is a complex mission, and the integration of the Stamp protocol with an identity system can be a solution. Users can "STAMP" identity records they interact with to indicate the credibility of those identities.

Atomic asset contracts can be used to create personal profiles for AR accounts, and when users "STAMP" transactions associated with those profiles, both the users and the AR accounts receive $STAMP tokens. This process generates a reputation score for the AR account and signals trustworthy and positive interactions within the community.

2. Incentivising Content Creation

Content creators can use SmartWeave technology to attach a special contract to their content, similar to an atomic asset or token that is inseparable from the data. Through this contract, creators can invite sponsors to support their content and receive valuable rewards. When users "STAMP" the content, both the creators and sponsors receive $STAMP tokens every day. This mechanism encourages creators to make their content open to everyone and be rewarded for it.

On the website https://pst.g8way.io, creators can upload their content, which can be accessed by any user and "STAMP." As more people "STAMP" the content, creators and sponsors can receive more $STAMP tokens as rewards.

3. Optimising Content Ranking

Developers can implement content ranking features based on the Stamp protocol in their applications to promote community participation and collaborative management. Through content ranking, users can quickly find the most valuable and reliable content, improving efficiency and satisfaction.

In an application called SPECS, the Permaweb builder community can propose and "STAMP" various specifications and best practices for Permaweb. Through the "STAMP” feature, the community can manage these documents without a centralised authority, allowing builders to determine the best versions of practices or patterns through voting.

By the way, if you want to implement content ranking features in your application, the easiest way is to use the StampJS SDK.

STAMP on Permaweb

To STAMP on Permaweb, you first need to get your wallet address vouched through VouchDAO to prove that you are a real human. Then, look for pages embedded with the STAMP icon on Permaweb, connect your vouched wallet address, and click STAMP on the content you like.

Of course, you can also use PermaPages to STAMP. PermaPages is the first application that integrates the Stamp protocol. Simply visit the PermaPages homepage, create your own page on Permaweb through it, and the page you create will have the STAMP icon embedded. Any visitor can STAMP the content of your page.

$STAMP Token Listed on Permaswap

$STAMP is the native token of the Stamp protocol. It releases a certain amount of tokens every day as rewards for content creators who successfully receive STAMPs. Here are some basic details about $STAMP:

Contract Address: TlqASNDLA1Uh8yFiH-BzR_1FDag4s735F3PoUFEv2Mo
Maximum Supply: 435,000 $STAMP, and the maximum supply is fixed and unchangeable.
Amps is the atomic unit of $STAMP, with 1 $STAMP equal to 1000000000000 amps.
$STAMP has a halving period of 1.73 years, with a new reward distribution every 720 blocks (approximately one day).

During the 8-month testing phase, the Stamp protocol has minted 119,672 $STAMP tokens. Therefore, at the beginning of the halving, the supply is 315,328 tokens, with a daily supply of 250 tokens. The halving will occur every 1.73 years in the future.

If you are interested in the Stamp protocol or $STAMP, you cannot miss this exciting news— the official listing of $STAMP on the decentralised exchange Permaswap. You can find the details in the following article.

Trade $STAMP With $AR on Permaswap

Permaswap is the only cross-chain decentralised exchange in the Arweave ecosystem. Users can exchange assets such as $STAMP, $AR, $ETH, $ACNH, and $USDC on Permaswap without paying gas fees and enjoy transaction speeds in milliseconds. Users can also add $STAMP/AR liquidity to earn trading fees.

Summary

The Stamp protocol is a content curation system on Permaweb. Through the Stamp protocol, users can "STAMP" high-quality content and reward content creators with $STAMP tokens. The protocol consists of core components, Sybil components, and reward components, ensuring content permanence, validating human identities, and facilitating value transfer. The Stamp protocol addresses the challenge of finding valuable resources on Permaweb. It is suitable for establishing a reputation system, improving content ranking, and incentivising content creators. The $STAMP token is the native token of the Stamp protocol and has been listed on the decentralised exchange Permaswap.