What is the BBS Network?

The BBS Network is a public network of interconnected message boards (nostalgically called BBS, for the Bulletin Board Systems of the early Internet). These message boards offer users similar functionality as the current popular platforms, such as Reddit and Facebook Groups. However BBS is fundamentally different in that BBS is a public online service, meaning that it utilizes a distributed architecture, distributed revenue model, and distributed infrastructure, built on a public blockchain with no central authority.

Like other platforms, anyone can create a BBS (like creating a subreddit or Facebook Group - a message board dedicated to a specific topic or community). Unlike other platforms, every BBS can be run on its own unique domain and choice of operator, while still linking to all the other BBSes in the network. 

The BBS Network rewards all stakeholders with BBS tokens for their contribution to the success of a particular board. This includes the users, content creators, and BBS owners, by combining a unique content curation system with the distributed revenue model. 

BBS Network uses view prediction in order to curate posts, where members of a board are able to stake and potentially earn reputation to promote posts and predict their registered views.   Whether a post is ‘Hot’ or not is determined by the post’s current prediction. This incentivizes users to promote high quality content that will generate impressions & engagement, and provides an innovative and manipulation resistant method of content curation.

BBS Network finally provides an ecosystem that allows the users themselves to share in the platform’s revenue.

Get a more in-depth understanding with the BBS whitepaper.

Read more in the next FAQ post, What problem does BBS solve?
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