Presentation
The internet has been one of the biggest gifts of science to humanity, it has really contributed to the overall growth of man in no small way and this is why it's being regarded by many as the invention of the century. The internet has been the major means of getting abreast with the latest happenings and inventions, even media houses now prefer to use the internet in disseminating certain vital news and information in contrast to the use of crude and outdated disseminating channels.
People get employed daily as a result of this feat, certified education is also another key thing people acquire via the use of internet. But it's upsides notwithstanding, the internet isn't without its own flaws and glitches here and there. Today I want to review a project that corrects every glitches that existed in the crypto world before now and advance the current trend of the Blockchain.
WorkQuest is a catalyst for employment opportunities for people with disabilities. We are a unique, private, non-profit corporation that links individuals with disabilities to meaningful career options. In 1978, its first year, WorkQuest secured employment opportunities for 22 people with disabilities.
Role of workQuest.
There are a couple different roles a member of the
WorkQuest network can choose from, including delegators, validators, and users. Which one should you choose for yourself?
Validator
Validator is a member of the Work network who keeps a blockchain replica on their equipment, provides transaction verification, chain blocks formation, and participates in the consensus-building process.
One of the main characteristics of the validator is voting power, which is directly proportional to the size of the validator’s stake. The greater the validator’s stake in absolute terms — and the bigger its share in the aggregated stake of all validators. On the contrary, they are rewarded for each block with a transaction.
Functioning as a validator has the major incentive of earning rewards, but it also runs the risk of being fined for improper performance of duties. A validator risks losing part of their stake as a result of these fines — as well as reputational loss, if users stop trusting them with their funds for delegation. A validator stack consists of their funds and funds delegated (leased) to them by other members of the network.
Delegator
A delegator is a WorkNet member who leases their funds to a validator. The transfer is not done literally, as the amount of transferred funds is merely blocked in the account of the delegator and cannot be disposed of until they are unbinded. The transfer process is called delegation, and the essence of it is to transfer the users’ rights and responsibilities to someone else in the network. A delegator increases the validator’s cumulative stake, thereby allowing the validator to perform duties on their behalf, within proportion to the amount of delegated funds. Accordingly, rights and responsibilities apply to both the reward payouts and fines/slashes. Rewards and penalties are distributed in proportion to the delegator’s share of the total stake of the validator.
User
All other members of the Work network are essentially regular users, though with the opportunity to potentially become either a delegator or validator.
What make workQuest wallet more secure.
All official WorkQuest wallets are decentralized, meaning they’re non-custodial. Seed phrases and private keys are stored strictly on the user side, and the WorkQuest platform has no access to them in any way. The entire responsibility for the safety of this private data and funds in wallets lies with the owners.
Private keys are generated based on the BIP39 standard. The Seed Phrase consists of 24 words.
Conclusion
This project aims to dissolve the challenges involved in unemployment Among the people with disability, create an easy pathway to understanding and engaging blockchain technology, with good and appreciable value.
The project team is a union of professionals who are well versed in their unique fields as required for the success of this project. With a group consisting of developers and individuals skilled in blockchain technologies, token economics amongst others, we are confident that the workQuest project would set the pace for others in the and blockchain world.
Useful links:
Website:https://workquest.co/
Telegram:https://t.me/WorkQuestChat
Tweeter:https://twitter.com/workquest_co
Discord:https://discord.gg/U8k234ArHP
YouTube:
FB:https://www.facebook.com/WorkQuestOfficial/
Medium:https://medium.com/@workquest
About Author
Bitcointalk Username: Ojchrist
Bitcointalk profile Link:https://bitcointalk.org/index.php?action=profile;u=3456193
Telegram username:@Akohemmy
BSC Wallet Address:0x4ee97a3C9e7ca86AF1470A94365bd998E363BAF6