Bitcoin + Bittorrent

[btcKaboom]

This is an idea for creating a bitcoin bittorrent client

The torrent client will have its own wallet ability, to generate addresses, receive and make payments from those addresses
User will send bitcoin to the client address to fund it.

p1 connects to p2 client and asks to download the torrent.
p2 generates receipt address to associate with p1 ipAddress, or a public key which p1 can verify is theirs. so it stores a list of [ btc address, ip/key ]
p1 makes a small payment to p2.
p2 checking the blockchain sees the payment and record it.
p2 will upload to peers that paid it some money.
p1 client, receiving bytes from the p2, records positive rating against p2. if bytes are not received, p1 record negative rating against p2.

graduated increase in payment and download amount, will counter act maliciously not uploading.
this should be all automated and not requiring much action from the user.
peers will prefer generous peers, or faster uploaders

what do you think will this work? i knows about storj too but this is bitcoin and bittorrent is already widespread it just needs some coding into a client.

[1715334357]

1715334357

[theblacksquid]

This sounds like a good idea. Is the plan to put the blockchain up as a torrent to be shared between nodes to speed up the tx download/upload process?

[btcKaboom]

This sounds like a good idea. Is the plan to put the blockchain up as a torrent to be shared between nodes to speed up the tx download/upload process?

of course not. didn't you know that copyrighted files such as the blockchain are illegal to share on bittorrent?

[theblacksquid]

This sounds like a good idea. Is the plan to put the blockchain up as a torrent to be shared between nodes to speed up the tx download/upload process?

of course not. didn't you know that copyrighted files such as the blockchain are illegal to share on bittorrent?

I'm not sure what you're talking about.  The blockchain is not copyrighted in any shape nor form, and if it was, would be self-destructive. And it being illegal to share copyrighted files on bittorent? The main point of bittorent is uncensored filesharing regardless of copyright.

[btcKaboom]

the confirmation time is about 10minutes right, i can imagine how annoying and slow that would be
but it might be good if they were running out of peers, keep the torrent around longer

[Vod]

The main point of bittorent is uncensored filesharing regardless of copyright.

The main point of bittorrent is peer to peer file sharing.  The protocol indicates nothing about copyright or lack thereof.   

It certainly wasn't created to break the law, although that's what it is mostly used for.

[redmonski]

Bittorent I believe can be a good platform for peer-to-peer Exchange without Fiat, only bitcoin with other altcoins. Integrating fiat can be a challenge.