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Using the Ethereum Alarm Clock To Decentralize Reputation Models
2key Network is a blockchain-based referral network intended to reward referrers through smart contracts. Referrals progress through the network thanks to people sharing them and opening them in their regular web browsers.
Therefore, 2key generates off-chain cryptographically signed links, which propagate among users without reaching the blockchain. Upon conversion, a user submits the signed link to the smart contract. The smart contract rewards the chain of referrers as represented in the signed link. The smart contract is deployed per referral campaign by the campaign initiator, depositing a referral reward, as an amount of cryptocurrency, from which the smart contract will later pay the referrers. Otherwise, if the conversion event entails the converter purchasing something and inputting funds, the referral rewards are taken from the acquisition funds per conversion.
The Influence Graph
A campaign conducted over the 2key network starts from the campaign initiator, called the contractor. The contractor starts the campaign by spreading the word to an initial group of people, called the source seeding. From the source seeding, the campaign proceeds through referrals. The graph of referrals from the source seeding is called the influence graph. Each node in the graph is…
