A trollbox for every domain, anywhere, anytime.

Whitepaper v1.0.0 for trollbox and TOX Token (SPL)

About the whitepaper

This is a whitepaper that covers the first ever decentralized trollbox program. The paper describes the Economics, the Solana Program and integrations of the Trollbox Contract (Program). The Whitepaper is now versions at 1.0.0. This is due to the small but important changes how the trollbox's function on chain. 0.1.0 covered theory but now that theory has been established and is a working product.

What is a trollbox?

A trollbox is a chat facility that can often be found on Cryptocurrency exchanges. The term trollbox is synonymous with Crypto markets. Trollbox chat activity often follow market conditions and can help users discover new trades and positions or express jubilation or despair.

Famous trollbox chat facilities have been BTC-E and Poloniex in the early days of Crypto Currency

In recent years tools such as telegram, twitter and discord are helping to facilitate Crypto communication. These tools have a more general communication focus. There is not a widespread, trading/crypto centric, scaleable communication tool that can leverage attributes of Blockchain. As trading gets more sophisticated with the emergance of DEX (decentralied exchanges), a realtime chat facility that is also decentralized is needed so Degens can communicate in realtime on specific DEX's, CEX's or any website. A trollbox keeps users in the action without having to find and join huge amount of Discord channels or Telegram groups. Decentralizing trollbox's on chain allows for significant features that we have come to expect with Solana. Not only moon chat but TOX rewards, or project / user token air drops who run their own trollbox.

How is trollbox decentralized?

trollbox messages are stored on the Solana blockchain in a less that 10kb PDA account. There is no central database. To join the community you will just need to connect your wallet and create a user based on your Pubkey (public key). A Browser Extension will be released (see roadmap) after the soft release is completed. The extension will automatically load the correct trollbox depending on the website domain you have visited.

How does trollbox work?

trollbox is agnostic to whichever application chooses to integrate the Solana Trollbox Program. It is a communication and incentive protocol. Its also a financial model at its core. Not too disimilar to a DEX. The first standalone product will be a chrome extension. The first integration will be on the trollbox.io domain which will move to a web3 only platform. Every aspect of trollbox is run the Solana program.