DooMAD
Legendary
Offline
Activity: 3892
Merit: 3178
Leave no FUD unchallenged
|
|
January 29, 2018, 09:11:17 PM |
|
Blockchains like Bitcoin's, where there are thousands of copies of the ledger, would be wholly inefficient for storing images and videos. Some projects get around this problem by splitting the files into small segments and spreading just enough copies of those around in a distributed way, so each participant might get a fragment that only 9 other people have a copy of, for example, so there's not too much redundancy. Other projects store the files themselves in a centralised way on a server or "in the cloud" (God I hate that phrase) somewhere, but then assign a unique hash to each file and then the record of that hash is stored in a distributed blockchain, so there's irrefutable proof of which file belongs to whom. There are certainly ways and means to get around the issue, but it's not exactly simple.
Along with jambola2's suggestion of Storj, there's also Maidsafe, Siacoin, Factom, BitCache and I'm guessing a few others as well, all with a different approach to storage on blockchains. I'd say chances are, you're a bit late to the party for an ICO in this particular niche, since all the good, practical ideas are likely taken and well established by now. First-mover advantage counts for quite a bit in this game. And not that I want to sound too discouraging, but it sounds like you have more of a wishlist than an actual plan here. Consider carefully before you commit any serious time or money to this idea, but that's just a suggestion.
|