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Decentralized, Anonymous & Peer-Driven News Platform to Launch on ZCash Blockchain

News coverage has long been purported as independent and reliable across most, if not all countries, where the neutral and autonomous perspectives of news media are often emphasized. However, with a surge in fake news given increasing connectivity, state-controlled news channels, a lack of access to varying news sources and restrictions in freedom of speech in different parts of the world, there is still a long way to go before news coverage can be truly independent. In light of this, some blockchain developers have proposed the launch of a decentralized and private news platform built on the ZCash blockchain that will offer accurate and uncensored news to the public for free.

“A secure and peer-driven news hub would encourage citizens across the world to engage in real-time issues that really matter to them, both on a local and on a global level, to challenge agenda setting and news presentation in classical media and to become an active part of public opinion shaping,” the proposal shared on Github reads.

An on-chain news portal called Zboard, authors can remain anonymous when submitting their posts via a sequence of ZCash transactions used to shield addresses. This ensures the safety of writers who could be covering a topic unsanctioned by their governments or employers while providing uncensored information to the public where they remain permanently on the blockchain. 

Moreover, Zboard will be utilizing a rewards and donation system. Readers can also donate to writers via ZCash, which would motivate writers to submit high-quality content. There will also be a moderation system to sift out inappropriate content, and a verification trust mechanism for writers submitting their work onto the platform.

While the proposed decentralized news portal seems at a glance to be a safe haven for journalists worldwide and an autonomous library of uncensored news for citizens, it remains to be seen if Zboard will become a reliable news hub. With no mechanism for fact checking, inaccurate or risky investigative journalism is a possibility while other writers could still use the platform to distribute propaganda or unverified, fake information.

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