Musicoin blockchain offers a transparent distribution of value across all parties, from miners and project developers to musicians and listeners, by automated P2P payments enforced by smart contracts, without any need for outside intermediaries. Making musical contracts fair and automated Musicoin attempts to abolish the problems plaguing today’s music industry by:ĭecentralizing distribution and consumption of music These problems are centralization, lack of transparency, and an unsustainable business model. Musicoin seeks to be the solution as the first platform in the cryptocurrency space that empowers blockchain technology to heal the woes that afflict the music industry. The music industry faces one more problem wherein upcoming or lesser-known musicians receive little from the total revenue generated while most of the revenue is consumed by the intermediaries. Streaming offers a free and legal alternative to access music and drives listeners away from piracy. Ultimately, the music industry was forced to adapt to streaming rather than owning content. This created disappointment among musicians as they were not compensated for their work. However, digitization in the music industry brings problems like peer-to-peer file sharing that allows people to pirate content online without legal implications. The recording music industry, in recent years, has seen a boom in revenue because of rising digital sales. Musicoin aims to license more than 30 million tracks and host at least one million independent musicians on its platform. The Musicoin platform was developed on a transparent peer-to-peer network powered by programmable smart contracts, which allow fair remuneration for musical content and services. As per the whitepaper, the team at Musicoin works to provide fair distribution, remuneration, and exposure for independent musicians. Thus, it aims to empower musicians to take full ownership of their finances and content. Nevertheless, system administrators, file traders, and anyone who needs to check transferred files will want this freeware.Musicoin is a decentralized platform built on the blockchain that supports music creation, distribution, and consumption in a shared economy. As it is, users must select and copy checksums one at a time. The program could use a single button method to copy all the checksums to a text file. Testers had only a single complaint about HashCalc. Calculating checksums using Hash Message Authentication Code takes only entering the text or hex key before dropping the data file. In addition to calculating file checksums, the app calculates checksums for text and hex strings. As soon as you let go of the file, the app immediate calculates and displays the checksum for any of the checked algorithms. Operating HashCalc is as easy as dragging a file to the program's interface. A checkbox next to each makes it easy to indicate whether the app will calculate the file checksum for that algorithm. ![]() ![]() Below that line are 13 common checksum algorithms. The display consists of a text box for the file path or text that is to be checked. The program's single page Help file adequately explains program functions, but expects users to be familiar with the field of checksums. HashCalc's simple dialog-size interface dispenses with glitz to plainly list input and results. ![]() This comprehensive checksum calculator couldn't get much easier to use.
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