Wikipedia co-founder Larry Sanger’s new blockchain based innovation could rival his world-renowned brainchild.
Speaking from this year’s Malta Delta Summit where Prime Minister Joseph Muscat was promoting blockchain technology, Sanger explained the benefits of his latest knowledge database.
Wikipedia, which grew out of a web-based encyclopedia, Nupedia and co-founded by Jimmy Wales, became the benchmark in open-source, collaborative encyclopedias. It also gained Sanger a name as a critic of his own creation. He called for more accountability and academic quality to be brought to articles which appeared on the website, leaving in 2002 and then later launching Citizendium in a quest to deliver greater accuracy and credibility.
Sanger discussed Everipedia, which forked from Wiki in 2015. Speaking at the summit he commented: “Thanks to new technology, it’s now possible to move beyond Wikipedia just as we moved beyond Britannica almost two decades ago.”
Sanger spoke of Wikipedia’s shortage of content contributors, despite it being the envy of any website with 18 billion views per month. He argued that a major issue for Wiki had been tasking 12,000 editors to check the contributions of 129,672 active writers and mentioned that an incentive scheme could encourage a higher quality work.
The forked site Everipedia will operate in a different way by rewarding contributors with its own token called “IQ” which can be traded on crypto exchanges, thereby incentivizing quality content creation. Another advantage is that the site can’t be banned by overseas governments due to its decentralized nature.
Malta’s prime minister Joseph Muscat was also speaking at the conference, suggesting that the pro-crypto government’s next target after making Malta the envy of Europe, would be the focus on AI technology, after building the strong foundations of a regulatory framework for blockchain and cryptocurrency. To blockchain developers he said of the “the next big idea”:
“We want to know how we can help and how we can make that happen.”
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