Cent is built to help ease our transition into this less-employed future. It¡¯s designed to become a core layer of the future creative economy???one that directly monetizes the creative- and perspective- based value that single individuals provide. The way we¡¯re building Cent is unique, and we want our process to be transparent.
As the network evolves, it will take the form of an interconnected constellation of ¡°contracts¡±. A contract is a decentralized piece of code designed to align incentives among multiple users. By ¡°decentralized¡± we mean that the code runs on a programmable, open-source blockchain (currently, Ethereum). In the simplest terms, a blockchain is a communally shared database that uses advanced math to make sure that no one can lie to each other.