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bedeho (OP)
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June 15, 2015, 04:47:23 PM
Last edit: September 22, 2018, 04:47:44 PM by bedeho
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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June 15, 2015, 06:02:29 PM
 #2

I find this project very interesting. Great job!

Does this mean that content providers (i.e. Film or Music industry) could potentially sell their content directly via BitTorrent?

But... what happens when file is bought and someone else also seeds it? Does content provider again gets a cut?

Is there a way to prove file/content ownership and get a cut even after initial seeding?

That would be huge... i guess prices could go extremely low (less than a cent) and there would be very small incentive to download illegally...
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June 15, 2015, 09:20:29 PM
 #3

Does this mean that content providers (i.e. Film or Music industry) could potentially sell their content directly via BitTorrent?

Correct but getting them to understand that is going to be the challenge.  These industries don't really like new things typically.

Better yet would be to combine this with something like popcorntime.io and get it on an STB and then your in business! Cheesy
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June 15, 2015, 10:12:48 PM
 #4

What a nice project, more way to earn Bitcoin. Seeding torrent never be fun and profitable like this before Grin

faucet used to be profitable
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June 15, 2015, 10:25:03 PM
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Thought: what if you're seeding a copyrighted material.  Now your not just sharing your profiting from it.  What do?
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June 17, 2015, 02:38:23 PM
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This is an interesting project I've signed up to the private alpha list.

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June 17, 2015, 04:43:49 PM
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Personally i already know this is awesome project. Glad to see an official thread announcement here, and welcome to this forum too Cheesy

My question is the file is must original? or the system is like torrent?


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June 17, 2015, 04:45:27 PM
 #8

Loving the idea, can't wait to check it out.
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June 17, 2015, 06:24:01 PM
 #9

Thought: what if you're seeding a copyrighted material.  Now your not just sharing your profiting from it.  What do?

my thoughts exactly. at first it was only a fruit of an idle mind, but then I started to think about what will happen when the internet money makers hears of this and starts to seed like crazy. this can be especially bad if the payouts vary by rarity/seeds. this could whip those stingy companies into a frenzy.

thoughts, everyone?
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June 18, 2015, 08:48:33 AM
 #10

Thought: what if you're seeding a copyrighted material.  Now your not just sharing your profiting from it.  What do?

my thoughts exactly. at first it was only a fruit of an idle mind, but then I started to think about what will happen when the internet money makers hears of this and starts to seed like crazy. this can be especially bad if the payouts vary by rarity/seeds. this could whip those stingy companies into a frenzy.

thoughts, everyone?

my thoughts are that the CEO must be very very careful with what he's doing.

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June 18, 2015, 03:48:31 PM
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Sounds like a good idea to be honest, but this only gives you a "chance" to get paid, as there is no way to guarantee anyone is going to pay for downloading things at higher speeds through you, right?
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June 19, 2015, 01:17:59 PM
 #12

Is this client now Paying or we will join an alpha without being paid? Any rates of payments? Are there different rates for file size?
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June 19, 2015, 02:02:48 PM
 #13

Is this an open-source project?

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June 22, 2015, 04:12:02 PM
 #14

Is this an open-source project?

as far as i know, yes.


cool project by the way  Smiley

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June 22, 2015, 10:07:17 PM
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Thought: what if you're seeding a copyrighted material.  Now your not just sharing your profiting from it.  What do?

my thoughts exactly. at first it was only a fruit of an idle mind, but then I started to think about what will happen when the internet money makers hears of this and starts to seed like crazy. this can be especially bad if the payouts vary by rarity/seeds. this could whip those stingy companies into a frenzy.

thoughts, everyone?

the private vpns need to up their bandwidth  Grin
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June 22, 2015, 11:57:05 PM
 #16

Interesting project.

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June 23, 2015, 06:53:45 AM
 #17

Indeed is a good idea, hopefully they end up getting some funding b/c that type of projects do take big support and to generate revenue a good amount of traffic.
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June 25, 2015, 07:40:48 AM
 #18

You are pulling a shitstorm your way, when you allow people to make money from selling Copyright material they do not own.

What I have found with torrent sharing, was that these companies {Who owns the copyrighted material} were not that focused on tracking and convicting each person who has downloaded a copyrighted copy of their movie or game... They put more effort into tracking and finding the people who re-sell their products. {The monetary value to take these things to court, and the return on this makes no sense} So they target the people who sell the software or movie and they stop mass distribution of the product}

Expect a lot of litigation for providing this service/client when it goes viral. If I were in your shoes, I would include a detailed disclaimer in the Tos, where you protect your liability, if people use it to distribute and sell copyrighted material.

Good luck, it has huge potetial, if it's used for legal content.   

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June 25, 2015, 09:12:25 AM
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You are pulling a shitstorm your way, when you allow people to make money from selling Copyright material they do not own.

What I have found with torrent sharing, was that these companies {Who owns the copyrighted material} were not that focused on tracking and convicting each person who has downloaded a copyrighted copy of their movie or game... They put more effort into tracking and finding the people who re-sell their products. {The monetary value to take these things to court, and the return on this makes no sense} So they target the people who sell the software or movie and they stop mass distribution of the product}

Expect a lot of litigation for providing this service/client when it goes viral. If I were in your shoes, I would include a detailed disclaimer in the Tos, where you protect your liability, if people use it to distribute and sell copyrighted material.

Good luck, it has huge potetial, if it's used for legal content.    

Torrent listings sites already indirectly make money from copyrighted material, by adding a decentralised monetisation layer to that, it just multiplies the overheads of any copyright enforcement agencies a great deal. I anticipate they will not succeed in cracking down on paid seeding, it shares the problems with taking down individual torrent swarms, and only adds to their current costs.

It's possible that this could alter the torrent culture, but there's a complicated co-dependence between both technologies here. I don't think the torrent community would tolerate mass exodus to paid seeding overnight, they've been used to the ad-funded model for too long. But with the right price incentives and a disruption to the supply chain (ripping "teams" are apparently taking an unmonetised risk at present), the alternative culture could grow.

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June 25, 2015, 09:27:03 AM
 #20

Hey,
I have loads of bandwidth that I don't mind to use to seed... Pm me on here or do I sign up onto the website??
Thanks,
Jaydip
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