Just curious, do you have any relations with The Pirate Bay? Or are you just using their brand? Do you have any plans to support them with this endeavor?
I like your idea and am following this thread but concerned that using their name will distract from your mission.
I know a few people personally who have worked with tpb in the past, using the name isn't an issue. tpb even released the code so anyone can start their own pirate bay.  https://github.com/isohuntto/openbayThe goal is to make TPB immortal. They have been very resilient in the past but making this "coin" will make it impossible to take down making it, in essence, immortal. |
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Working on a mock up. I'll upload images as I make them.  |
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If annonimity could be implemented that would be a huge thing too anyways is there any estimate on when this could be released ? I'm thinking about 2 months. Trying to get some people on board, got a few people interested in helping but they are afk or offline alot. Part of my problem is my full time job, I'm contemplating taking a sabbatical or quitting to work on this. I know it has a ton of potential. If done correctly it will make every public torrent tracker obsolete. |
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Can you only seed through a specific client?
Otherwise I could just upload to a person that is not using the TPB client, he doesn't have to pay as you usually don't have to with torrents, but I am getting paid.
Tweaking this a little bit, and I just upload to myself all day. Or is this not possible?
I'm embedding a custom torrent program in the wallet. It won't be compatible with any current torrent program or torrent file. I'm also working on the custom transaction system that is needed to charge/pay when you seed/leach. Even if you could make the torrent files in the TPB client to work in a normal torrent program you wouldn't be able to download any data as file parts must be paid for to initiate download. |
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I don't like the idea of having to pay to download, that is the reason to pirate something.
But by doing this, the total number of coins remains the same, for every uploaded bit, a bit is downloaded.
You are paying for a fast download, if you seed back 1:1 you are reimbursed what you paid. Seed back more than 1:1 and actually make a profit. The only time coins are minted is when someone uploads a file and it is tipped/voted on atleast 20 times. 2 of the biggest problems in the bittorrent world are lack of seeders and bad files, eg. Fake, virus, ect. If the seeders are being paid they are going to keep seeding. By making an uploader get votes or tips on his upload before he gets paid it helps curb bad files being uploaded. |
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So I am asking the OP again, why you donīt get together with vTorrent to bundle your ressource?
Because vTorrent has already launched and they premined 3%. I think they are going about it all wrong. Why have standard pow mining in a torrent coin? I can build a better mousetrap than that. lol shit you make mouse traps!?!?!? coins arent meant to be mouse traps Not literally of course. lol  |
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So I am asking the OP again, why you donīt get together with vTorrent to bundle your ressource?
Because vTorrent has already launched and they premined 3%. I think they are going about it all wrong. Why have standard pow mining in a torrent coin? I can build a better mousetrap than that. lol |
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please pm if you IPO i'm not around that much but would put a bet on that.
good luck.
Not planning on doing an IPO we are exploring other means of fundraising. Such as putting ads in the wallet, OP, and website. If you would like to buy adspace feel free to contact me. |
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well I will be uploading a lot of stuff then  however is there a way to prevent people from uploading or uploading the same movie over and over again just to get free coins ? The system planned is either a tipping system, your torrent gets tipped and you get a stake in minted coins as long as it keeps getting tipped, or a voting system. Which isn't much different than a tip system. Your torrent gets so many votes you get a stake in minted coins. If you upload the same thing over and over your duplicates are unlikely to be tipped or voted on if you already put that file up. Empty/Bogus/Virus files wont get votes so wont be paid. I can make this tipping system automated, when you download the magnet link from the blockchain your wallet automatically tips 0.00000001 coins to the address associated with the torrent. This means the more people download your torrent the more tips/votes you get, once it is above 20 or so tips/votes you get a stake in minted coins. People can run sites dedicated to hosting comments on torrents or alternative voting or searching too. |
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You say you can do this in a week, but you'll run into unexpected programming hurtles. You sound like you know your stuff but don't make the mistake of over-promising deadlines because this community will verbally tear you to shreds. Look no further than SJCX to see how coming up with new Proof of Work mechanism based of atypical things like storage and file sharing is really difficult. You have to come up with entirely new proof mechanisms from scratch and it's not as simple as it sounds. Your best bet would be try and network in the community and meet other programmers who have the time and willingness to take this project on with you because ICOs are not fair to the community (you could simply honestly hit brick walls in your abilities that you didn't foresee, even if you're honest). Don't bother releasing the coin before you're close to a working prototype unless you want to just make another shitcoin scam but frankly you'll only make a few thousand dollars these days pulling that crap. I'd give this project a couple months deadline if you know what you're doing and have a handful of guys working with you. Good luck.
The plan is a couple of months, I was just making an example in the OP. I'm not trying to give any hard deadlines yet as I'm still in the preliminary stages. I'm also not looking to start an ICO. I know I may run into walls, I love walls, I always come out the other side having learned something.  I have a few people that have contacted me that want to help on the coin. I'm still looking for more people, I would like to make this a very big project with many people collaborating. I'm considering alternative forms of funding such as getting sponsors to pay for advertising in the OP or future website or hell even in the wallet itself. We can update it monthly and change out the ads or make the wallet pull ads from a central server. No reason to pull funds from the users, thats what ads are for. Sounds great! Would be awesome if you could incorporate a reputation system for uploaders (maybe seeders too), it would be good to have an idea of the quality of the torrent we're paying for. It would also be pretty cool to have a way for users to request content. The possibilities here are mind-boggling. I am definitely following this one I dont think we should have to PAY for content that is already out there for free. When you start paying for shit that you can steal , you mind as well just buy the content in the first place I'm not saying you PAY for the content, just for the bandwidth usage, you are in essence paying for a fast download. Once you upload to 1:1 you get the coins you spent back. Unless you download premium content, then the content creator gets paid. You can always make this back by seeding back over 1:1 to gain back the coin that you spend on the premium content. example, you download an independent film that is 1gb in size and costs 5TPB to download. downloading 1gb is going to cost 1TPB but once you seed back 1:1 you gain back 1TPB, once you seed back 6:1 you would make back your original 1TPB and an aditional 5TPB, gaining back what you spend to download the content in the first place. Keep in mind that the content creator can charge less than other services like itunes since they don't have to go through another organization that has huge overhead. This means you could see new release songs come out for 10 cents a download because that is still more than the artist would get selling it on itunes at 99 cents and having most of it taken by the studio and apple. |
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Keep in mind this is a very rough draft.  |
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So many recent coins that have proposed to do exactly this-- add magnet/torrent links to their blockchains-- and either been scams or failed.
If you can show a working prototype of torrents in a blockchain BEFORE releasing a coin... and even better, make that coin all proof-of-work... you will have a hit on your hands.
I like the idea of paying a nominal fee for quality torrents, too.
I'm working on a proof of concept as we speak. I can't give a eta as I'm in the early stages. If I can get a few people on a team so we can delegate work I believe it can be done fairly quickly. I have all of the broad strokes figured out, working on the details. I have made a few coins for fun and one that is currently being used as a gift card system at a local business. I'm a crypto nut. I want to move away from proof of work and proof of stake and move into proof of upload and proof of seed. We are currently talking about having a premium teir, pay X amount of coins to become a premium member, paid to the miner/uploaders, this allows you to upload torrents. Uploading torrents that recieve atleast 20 thumbs up/positive feedback/small donations, nets the uploader a stake, like proof of stake, that would pay them over a set time with an amount determined by how many people are being paid at the current time. This is the mining part of the coin, the only time coins are created on the network. Want to download a 1gb movie? it will cost 1TPB for 1gb downloaded. If you seed back to 1:1 ratio you start gaining back 1TPB per 1gb uploaded, paid for by the other people downloading from you, the pool of funds created by them anyway. Or it can be micropaid as you download every kb using your public key. This way you get paid for seeding by the people that are downloading. |
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And make it work over i2p
+1 but tell em what i2p is, because most ppl here just get wet pants if the read TOR.... Im looking into it. |
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Do you plan on complete decentralization? Torrent links in the blockchain as well as comments? Now that would be cool. I want to store either the torrent file or magnet in the blockchain. By uploading a file you control the priv/pub key for it and people can donate to you, or pay to download your file.I had a few thoughts already, you may have thought of these but what the hey. 1) no PoW or PoS. Make the coin pure PoU proof of upload. This is what I would like to do. Proof of Upload and Proof of Seed.2) The faster the upload speed the more coins are accumulated. Anyone seeding at 10kb/s will get dick all coins. The reward needs to scale to all uploads otherwise inflation may be a problem. I have no idea how you can track that. I can track how much data has been uploaded and from what torrent, the trick will be how to keep people from cheating. I can make it scale like difficulty. The more people uploading the less 1mb uploaded pays.3) most if not all downloads are free and pirated material (this is what everyone wants) That is obvious, but I want to leave the door open for true content creators to have a way to share and charge for their material4) Only seeders and uploaders should get paid. I love this concept.5) You don't need a torrent client in the coin. Just need to create a coin that has the .torrent links and tracks who does what and pays out appropriately. This is a possibility, maybe even preferred as I can make the wallet open source and make the torrent client a black box  . The only thing I don't want happening is someone modding the torrent client to send false data saying the user is uploading petabytes of data. I'm already thinking of ways to protect against this. 6) Please NO IPO/Premine/dev block percentage or anything like that. Do it for the good of humanity and to fuck the PTB. I will think about it, but keep in mind doing all of the work myself will take a few months. With some sort of fund raising I could pay people to help. I think something like this will gain alot of attention if it can be launched fully working. Anything else will be treated as a scam and this will go nowhere. So, what say you dev? Are you serious about replacing Pirate Bay or just here to make some money? Actually, I'm here as an inventor. I love creating novel ways of doing things. I do it for the fun of doing it. I would love to see something I created replace the biggest torrent tracker in the world, that is a hell of an achievement. BTW: has anyone thought of using ads to get dev funds? Something completely off the blockchain. Hmm, that is a good idea, I could sell adspace in the OP and soon to be created website to help raise funds. |
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I've been working on combining a cryptocoin with a torrent tracker and a file downloader. I'm going to add in the option of charging per download, if a content creator puts up a new song or video they can charge a certain amount of coins for people to download it, you have to send coins to the address tied to the torrent file in order to download the file, this will all be verified on the blockchain, don't pay for the content, you don't get the content. Get paid to seed, the more you upload the more you get paid. I have tons of other ideas that I will implement too. If anyone has any input on features you would like to see please reply below.
I'm progressing but I am only 1 man, what would take me months would take a team a week, so I'm looking for talented individuals that would like to help me with this project. PM me if you are interested.
I think it is agood idea but you need to make a strong tracker (Like IPT general tracker satisfies everyone) I need to add a voting system so ppl can identify viruses and stuff. Like its dangerous to just download anything from piratebay but if you read the comments you can usually avoid the nasty stuff. |
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ThePirateBayCoin is a service that will eventually replace The Pirate Bay. Our goal is to create a blockchain based torrent database. Mining as we know it will not be used. TPB is Proof of Upload or POU. Coins are created like proof of stake but to get a stake you must upload a file, once that file gets 20 downloads or donations your address begins to earn coins. You continue to earn coins as long as people are downloading your torrent. To get more coins you can seed torrents. Every 1GB uploaded you receive 1TPB, and inversely for every 1GB downloaded you pay 1TPB. Seed back 1:1 on a file and you will net 0, nothing paid nothing earned. Seed back 2:1 and earn 1TPB. Uploaders will be given the option to charge per download, charge for the new game you just created, or the song your wrote and produced. I have the skills to make this happen myself but we all know that a group would get it done faster, so I'm looking for talented individuals that would like to help me with this project. PM me if you are interested. |
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I have a business model that works but I need help funding it. I read about Overstock wanting to set up a Crypto-Security so they can sell you a decentralized stock that can be traded with no limitation. http://www.coindesk.com/patrick-byrne-overstock-block-chain-public-stock/If every payment went to bitcoin, it would be a $16tn industry. If every exchange on the stock market went to a cryptosecurity it would be a $4qn industry. My plan is to create a coin dedicated to funding the business and use its presale as the crowdfunding to start the business. What I need is someone who would want to partner up. I need someone who can create a POS coin, graphic design is a plus too. This could lead to a permanent position in the business. The idea is to premine the entire coin supply and sell it to raise the money needed to open the business. Then the POS can be something like 10% per year. Once the business is making a profit a percentage of the profit will go toward buying back all outstanding shares on the market at current market valuation. Essentially a decentralized loan. We can add in some perks to get people excited too. Like T-shirts, tickets to events, or even memberships for investing a certain amount. If you can offer any help please PM me. If you have any input on legalities or have an idea that would help please reply below. Constructive criticism only please. Please check your trolls at the door. No trolls allowed. |
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I have a business model that works but I need help funding it. I read about Overstock wanting to set up a Crypto-Security so they can sell you a decentralized stock that can be traded with no limitation. http://www.coindesk.com/patrick-byrne-overstock-block-chain-public-stock/If every payment went to bitcoin, it would be a $16tn industry. If every exchange on the stock market went to a cryptosecurity it would be a $4qn industry. My plan is to create a coin dedicated to funding the business and use its presale as the crowdfunding to start the business. What I need is someone who would want to partner up. I need someone who can create a POS coin, graphic design is a plus too. This could lead to a permanent position in the business. The idea is to premine the entire coin supply and sell it to raise the money needed to open the business. Then the POS can be something like 10% per year. Once the business is making a profit a percentage of the profit will go toward buying back all outstanding shares on the market at current market valuation. Essentially a decentralized loan. We can add in some perks to get people excited too. Like T-shirts, tickets to events, or even memberships for investing a certain amount. If you can offer any help please PM me. If you have any input on legalities or have an idea that would help please reply below. Constructive criticism only please. Please check your trolls at the door. No trolls allowed. |
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