Could this be resurrected to use bitcoin as the tokens for a distributed file store? I think they made a mistake with bittorrent in that the market incentive was dropped. Essentially people can leech off you forever with no compensation.
http://sourceforge.net/projects/mojonation/http://en.wikipedia.org/wiki/MnetMojo was a digital cash currency that aimed to provide attack resistance and load balancing in a fully distributed and incentive-compatible way (see Agoric computing). Every pair of MojoNation nodes maintained a relative credit balance, with every EGTP request transferring some Mojo credit from the sender to the receiver. Once the absolute value of the debt between two nodes exceeded the size of a Mojo token, the side with the negative balance would transfer a token to the other, clearing out the debt. Because transferring a token was a relatively heavyweight event, tokens were worth 20,000 (?) Mojo. A MojoNation component called the token server acted as the mint, allowing MojoNation nodes to securely transfer Mojo.
In early versions of MojoNation, users were required to set prices for any services their node provided. Most users had no idea how to choose prices, so the Mojo layer was rewritten to use a second-price rolling auction. Each node maintained a queue of incoming requests that had not yet been processed, sorted by a bid field contained in each request. Requests were serviced in order, from highest to lowest bids. This shifted the burden of pricing decisions from servers to clients: each user could set a price he was willing to pay for services, and his node would offer that bid in outgoing requests. This scheme was intended to create a simple feedback loop: if the system is responding slowly, increase your bid and if the system is responding quickly, decrease it.
So if you want a faster download you could pay extra for it and people with fast connections are incentivised to seed content. Does someone feel like doing some hacking ?
