Uploading and storage: Opus Q&A 6

We are very proud to introduce Rikki Blu, a highly gifted rapper from Dallas, who’s impressive career has resulted in features with Isaiah Rashad and sharing the stage with Kendrick Lamar and A$AP Rocky. You can read more about him below in our newest artist announcement.

Here are this week’s questions for the Q&A. We are positively overwhelmed by the amount of questions we get each time, so don’t forget to send us more on our form, Discord, Telegram, or via e-mail at info@opus-foundation.org.

1. Where did the name ‘Opus’ come from? Did you choose it because it sounded good or is there a story behind it?

The founders decided to create something more fair, more transparent. They wanted to give the artist’s magnum opus back to the artist, and so the name Opus was born.

2. What do you project as the maximum file storage of Opus?

We will be establishing our own IPFS nodes on different continents to ensure that the platform works seamlessly and files can be accessed without any significant delay. We are also looking into using systems such as Filecoin, where users are rewarded for sharing their storage.

3. Will Opus be a fully decentralized system, or there will be centralized points to store, for example, decryption keys and information about the music (artist, album, cover image)?

Blockchain technology is relatively new and most startups operating in this area are still experimenting and trying out new ways to solve problems. As such, having the first version of the player be fully decentralized would entail various risks, including the possibility of piracy and copyright infringement without a system to verify tracks uploaded to the platform, which we intend to build.

We constantly have our mission in mind and therefore, following the launch of the player and the development of technology, we will strive to make Opus as decentralized as possible. The approach we are taking at the moment will guarantee that the platform is fully functional and will not be put at risk in any way, which full decentralization at this time cannot promise.

From a technological point of view, a proof-of-work type blockchain is not suitable for transaction systems because of the high frequency of saving data. We will be using the tested and scalable solution provided by PostgreSQL and the server giving access to the API. We are also researching side-chain systems like Raidos and Ethereum sharding technologies for alternatives.

4. Do you plan to make the project open source after some time so that it could become truly decentralized?

5. What is Raiden and why could it be implemented?

We are considering using the next generation of Raiden, called Raidos, which would enable better smart contract scaling, not only for transactions with ERC20 tokens.

We are still closely observing the development of Raiden and will update you in due time to let you know if we will be using this technology.

6. How will piracy be handled on your platform?

7. Have you considered also adding other physical music-related content to the platform, such as trading concert tickets?

8. Will anyone be able to upload content to the platform?

9. With the initial userbase, do you think 5% of the revenue will be enough to sustain the maintaining of the Opus player?

10. How is the network held up on IPFS? Are there miners specific to Opus?

Rikki Blu

A nomad of sorts, Rikki has been spending time developing creative relationships and making music in Tennessee, Atlanta, and Los Angeles. His previous projects, “XXXIII,” (a 15-track opus dedicated to his late mother) and the “Pleasant Grove EP,” have received due praise from 2DOPEBOYZ, The Source, XXL, AllHipHop and other distinguished media outlets.

Rikki’s to-be-released album, “You Can’t Make Me,” proves to build on previous releases, with each track being sharper and harder than the last. He has shared the stage with Kendrick Lamar, A$AP Rocky, and Sza, among others, and has features with artists like Isaiah Rashad and OG Maco.

His skill is matched only by his hunger, it’s only a matter of time before the rest of the world catches wind. And when that happens, it’ll be more than well-deserved.

We are very excited to be working with Rikki Blu! You will be able to listen to Rikki’s music when we launch the Opus player. You can also follow him on Facebook, Twitter, Instagram, and Soundcloud.

Development update coming on Monday!

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Opus Foundation

Opus is a open-source decentralized music sharing platform with demo based on Ethereum and IPFS.