[ANN][UFR][ICO] Upfiring | Incentivized P2P File-Sharing

[CoinFarmer]

What's the meaning of this project?

Why Me, downloader should  use your "p2p-system" to download content?

I will simply use utorrent or whatever other torrent client to download whatever I want for ...FREE!

The premise is to incentivize seeding and expand the network of seeders. Since you can immediately seed files after downloading them, you'll be able to earn back the UFR you spent downloading and then some. This creates a healthier network since people will WANT to seed files and earn UFR - allowing for a greater availability of files and faster download speeds compared to uTorrent and other clients.

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[CoinFarmer]

What's the meaning of this project?

Why Me, downloader should  use your "p2p-system" to download content?

I will simply use utorrent or whatever other torrent client to download whatever I want for ...FREE!

If I understand correctly then the game theoretical aspect is missing in utorrent. There is hardly any or no incentive for people to run servers. And I assume the encryption technology from established blockchain protocols is superior? Enlighten me if I am wrong, would also want to know that.

This is true. There is really no reason for anyone to seed/run servers in uTorrent at all. Encryption is encryption - the place where blockchain shines in this project is the smart contracts. The contracts allow UFR to be transferred between addresses when file transfers are completed successfully.

[BLACKCOIN883]

So is there any estimate on how much a transaction would cost / pay? Say I'm seeding a 1gb file, and 10 people download it from me. How much are they having to pay each? And how much of that would I be getting?

[danBitcoin]

The ICO is the only way to acquire UFR before it hits exchanges?

Any ideas on this?

The ICO is the main way, and there will be a small bounty campaign on these forums before it hits exchanges. Stay tuned for that!

Thanks for the reply, I will be keeping an eye out for it.

[bananafana]

So does it recruit the blockchain's data decompression/compression processes in order to exchange and distribute data resiliently and quickly?

 

I'm just going to assume it does.

[CoinFarmer]

So does it recruit the blockchain's data decompression/compression processes in order to exchange and distribute data resiliently and quickly?

 

I'm just going to assume it does.

Yes, we're looking into optimizing this so that transactions don't take any longer than a typical file-download.

[CoinFarmer]

So is there any estimate on how much a transaction would cost / pay? Say I'm seeding a 1gb file, and 10 people download it from me. How much are they having to pay each? And how much of that would I be getting?

There's no exact estimate right now, but the range I usually give is around 10-20 UFR for about a 1 GB download. This could definitely change and we're going to make a more final determination once we've launched the testnet and tested the entire protocol.

[CoinFarmer]

Lastly, the UFR Content Bounty is officially live:

https://bitcointalk.org/index.php?topic=2274134.0

[CarlosCorreia]

Congratulations for Upfiting... I think this has potential to be huge!!

Most certainly I will be an investor, just got some questions to ease my investment.
Sorry is some questions were already answered, but I was collecting questions meanwhile reading the topic.

There is no information about the team. Will it be revealed?

This project will have a big weight on the developers. What is the current status of the app client?
What will be the milestones, and ETA's?

You say that all kind of content will be available to share, but how is this shared?
This is being compared to uTorrent like programs. Will there be sites to share the .torrent like files?
Torrents are often associated with illegal content. Could this be a problem?

Just found out the bounty programs. This is good because help spread the word about Upfiring! I just found this project!
But I think you should have a Signatura Campaign also! This forum is the biggest way to spread the word!
I really think the twitter and Facebook campaigns are not that good, because people outside cryptocurrency may see this as spam!

Will there be a bounty for blogging? I usually steeamit about my ICO's investments.

Are you considering partnering up with some already established crypto's? Like for instance a privacy coin.

[derickonfire]

ISP called my house once, not very happy..

if you know what I mean..

IDK if this still happens, but I assume so.

Would this service protect against this?

this protocol offers some interesting benefits
https://blawks.com/A-Platform-for-the-Internet-of-Things-IoT-t

[temple]

What's the meaning of this project?

Why Me, downloader should  use your "p2p-system" to download content?

I will simply use utorrent or whatever other torrent client to download whatever I want for ...FREE!

If I understand correctly then the game theoretical aspect is missing in utorrent. There is hardly any or no incentive for people to run servers. And I assume the encryption technology from established blockchain protocols is superior? Enlighten me if I am wrong, would also want to know that.

This is true. There is really no reason for anyone to seed/run servers in uTorrent at all. Encryption is encryption - the place where blockchain shines in this project is the smart contracts. The contracts allow UFR to be transferred between addresses when file transfers are completed successfully.

Makes sense. Looking forward to this!

[BLACKCOIN883]

So is there any estimate on how much a transaction would cost / pay? Say I'm seeding a 1gb file, and 10 people download it from me. How much are they having to pay each? And how much of that would I be getting?

There's no exact estimate right now, but the range I usually give is around 10-20 UFR for about a 1 GB download. This could definitely change and we're going to make a more final determination once we've launched the testnet and tested the entire protocol.

So that's roughly $.20-$.40 per person I seed to? So they would have to pay this much to download it?

[danBitcoin]

ISP called my house once, not very happy..

if you know what I mean..

IDK if this still happens, but I assume so.

Would this service protect against this?

This seems like it would be so easy to fix that it'd be a blunder on their part not to address it. Rerouting all traffic through a 3rd party IP could slow stuff down and make it more expensive on their end. Maybe have a premium feature with a built in Proxy or something.

[bananafana]

So does it recruit the blockchain's data decompression/compression processes in order to exchange and distribute data resiliently and quickly?

 

I'm just going to assume it does.

Yes, we're looking into optimizing this so that transactions don't take any longer than a typical file-download.

As long as the users aren't on fiber internet, that shouldn't be too difficult.

[okspam]

Can you please post a comparison between this and Decent? I prefer your project, but I want to see your take as well.

Decent is a good project, but there are a few key differences:

Upfiring strictly focuses on file-sharing. The app allows files to move freely between 2 or more peers - and the solidity smart contracts, which manage the token, distribute UFR tokens when appropriate. Users of our platform earn tokens when others download their files.

DECENT is a protocol for applications and publishing of content. Decent itself doesn't do anything as an application - it simply allows others to build apps on top of it. It functions similarly to an Ethereum/Solidity development framework. It is a solid project in and of itself, but definitely different than Upfiring.

I appreciate your answer. Since Decent is distinctly different from Upfiring, is there any other competition which are much more like Upfiring?

I'm curious who your biggest competitor is, and what differentiates you.

[eneloop]

Can you please post a comparison between this and Decent? I prefer your project, but I want to see your take as well.

Decent is a good project, but there are a few key differences:

Upfiring strictly focuses on file-sharing. The app allows files to move freely between 2 or more peers - and the solidity smart contracts, which manage the token, distribute UFR tokens when appropriate. Users of our platform earn tokens when others download their files.

DECENT is a protocol for applications and publishing of content. Decent itself doesn't do anything as an application - it simply allows others to build apps on top of it. It functions similarly to an Ethereum/Solidity development framework. It is a solid project in and of itself, but definitely different than Upfiring.

I appreciate your answer. Since Decent is distinctly different from Upfiring, is there any other competition which are much more like Upfiring?

I'm curious who your biggest competitor is, and what differentiates you.

I think vTorrent is the only competitor, but I don't know were this project stands at the moment.

What we need is an anonymous encrypted P2P sharing plattform to compete with one-click-hoster.

[zerghunter68]

I see a few problems, maybe someone knows solution:
1. "When a user downloads a file from a seeder, the user pays for the transaction with UFR", so in this case, it will not be free for user that downloads a file (why should he not use other services like uTorrent).
He can earn by seeding, but still you need some initial capital, to download even 1 file.

2. Transaction fees:
If I understand right you get UFR by seeding and spend it by downloading, but some of that goes to cover gas cost. So in the end you have to seed more than download, but you can't seed if there is noone that downloads.
Taking all the system into account, someone will have to constantly buy or create new tokens?

 

[BLACKCOIN883]

I see a few problems, maybe someone knows solution:
1. "When a user downloads a file from a seeder, the user pays for the transaction with UFR", so in this case, it will not be free for user that downloads a file (why should he not use other services like uTorrent).
He can earn by seeding, but still you need some initial capital, to download even 1 file.

2. Transaction fees:
If I understand right you get UFR by seeding and spend it by downloading, but some of that goes to cover gas cost. So in the end you have to seed more than download, but you can't seed if there is noone that downloads.
Taking all the system into account, someone will have to constantly buy or create new tokens?

 

I assume you can bring content you already have over. In which case you start seeding them for free, and you have a UFR income that way without initial capital required.

[danBitcoin]

ISP called my house once, not very happy..

if you know what I mean..

IDK if this still happens, but I assume so.

Would this service protect against this?

This seems like it would be so easy to fix that it'd be a blunder on their part not to address it. Rerouting all traffic through a 3rd party IP could slow stuff down and make it more expensive on their end. Maybe have a premium feature with a built in Proxy or something.

Will Upfiring will be taking care of anonymity automatically?

[celestio]

Since you get tokens for seeding content, will the higher demand stuff have higher reward to incentivize seeding it?

Yes, and the reward is split among all the seeders of a file. You get compensated each time someone downloads a file you are seeding, so if the demand is very high you'll get rewarded every single time it gets downloaded.

This reminds me of a private tracker I used to use. You would get points for seeding and uploading, and they even had a bounty system for highly desired content. You could trade those points in the store, mostly for digital stuff like titles and such.

Do you think there will be a bounty board so people can see the kind of stuff is highly in demand?