What is Golden, and how is it trying to catalog the world’s knowledge? - Crypto in Plain English - Episode 214 - by cryptohunt.it

What is Golden, and how is it trying to catalog the world’s knowledge?

Welcome to the cryptohunt jam where we spend one minute a day explaining crypto. In plain English.

Let's end this special about Proof of Physical Work with Golden, a "decentralized canonical knowledge graph".

Is your head spinning already? Hang in there, we'll break it down.

You see, all knowledge can be broken apart into smaller pieces, and we can describe how these pieces relate to each other. That's what a canonical graph is.

For example: A banana. Banana is a thing and a type of fruit. It has certain properties, such as taste being sweet and color being yellow. You could describe every fruit using those properties and slowly build a database. And fruits are connected to other types of things - a banana grows in certain regions for example. Now you'll start describing the regions according to their properties - where they are, what their climate is, etc.

This way, we can create a connection between the entire world's knowledge and structure it in a way that is much more usable than freeform text like Wikipedia. We could find all the yellow fruits that grow in a certain climate for example.

Golden is trying to build this knowledge graph. They will reward editors with tokens whenever they add a piece to the puzzle. And you can see that there are endless amounts of those pieces - anything you can think about can be described as knowledge. And because it's on the blockchain, changes can be made and are documented openly.

Such a database doesn't exist today at scale, and hopes are that it'll fundamentally change the way we can access and process knowledge.

Disclaimer: This podcast references our opinion and is for information purposes only. It is not intended to be investment advice. Do your own research and seek a duly licensed professional for investment advice.