[Pre-ANN] ThePirateBayCoin (TPB) +Torrents on the blockchain+Built in downloader

[Xaltotun]

Please consider a bounty system for files people are looking for but currently unavailable.

[TakeItEasy]

Very intresting coin.

That is the key to success.

Do you plan on complete decentralization? Torrent links in the blockchain as well as comments? Now that would be cool.

I had a few thoughts already, you may have thought of these but what the hey.

1) no PoW or PoS. Make the coin pure PoU proof of upload.

2) The faster the upload speed the more coins are accumulated. Anyone seeding at 10kb/s will get dick all coins. The reward needs to scale to all uploads otherwise inflation may be a problem. I have no idea how you can track that.

3) most if not all downloads are free and pirated material (this is what everyone wants)

4) Only seeders and uploaders should get paid.

5) You don't need a torrent client in the coin. Just need to create a coin that has the .torrent links and tracks who does what and pays out appropriately.

6) Please NO IPO/Premine/dev block percentage or anything like that. Do it for the good of humanity and to fuck the PTB.


I think something like this will gain alot of attention if it can be launched fully working. Anything else will be treated as a scam and this will go nowhere. So, what say you dev? Are you serious about replacing Pirate Bay or just here to make some money?

BTW: has anyone thought of using ads to get dev funds? Something completely off the blockchain.

[andrepierre]

I really like this idea and will keep a close eye 

[Voidcrafter]

please pm if you IPO i'm not around that much but would put a bet on that.

good luck.

Not planning on doing an IPO we are exploring other means of fundraising. Such as putting ads in the wallet, OP, and website. If you would like to buy adspace feel free to contact me.

thanks , finally a genuine project without ipo

[yumei]

So I am asking the OP again, why you don´t get together with vTorrent to bundle your ressource?

[ObscureBean]

So I am asking the OP again, why you don´t get together with vTorrent to bundle your ressource?

I'm guessing probably the same reasons, Apple hasn't merged with Samsung to create a mega company that could easily dominate the world: individuality, different ways of thinking.
If you've got a clear vision of your goal, it is hard to make compromises.

[Equate]

Coin for uploaders/seeders, so now its time to mine on seedboxes after hard-disks. Nice idea though.

[PonyBoy]

So I am asking the OP again, why you don´t get together with vTorrent to bundle your ressource?

Because vTorrent has already launched and they premined 3%. I think they are going about it all wrong. Why have standard pow mining in a torrent coin? I can build a better mousetrap than that. lol

[MisO69]

So I am asking the OP again, why you don´t get together with vTorrent to bundle your ressource?

Because vTorrent has already launched and they premined 3%. I think they are going about it all wrong. Why have standard pow mining in a torrent coin? I can build a better mousetrap than that. lol

Thats the spirit! Really happy to hear you say that. I think by building something like this it will attract other developers that are like minded. I wish I could help but I know nothing about coding. Maybe advertising your intentions in developer forums will get some others interested in this project and the development help you are looking for. I would be surprised if other devs here wouldn't want to contribute. There must be good people here, even if they are few.

[kryptologist]

So I am asking the OP again, why you don´t get together with vTorrent to bundle your ressource?

Because vTorrent has already launched and they premined 3%. I think they are going about it all wrong. Why have standard pow mining in a torrent coin? I can build a better mousetrap than that. lol

shit you make mouse traps!?!?!?

[Tearz]

So I am asking the OP again, why you don´t get together with vTorrent to bundle your ressource?

Because vTorrent has already launched and they premined 3%. I think they are going about it all wrong. Why have standard pow mining in a torrent coin? I can build a better mousetrap than that. lol

shit you make mouse traps!?!?!?

coins arent meant to be mouse traps

[PonyBoy]

So I am asking the OP again, why you don´t get together with vTorrent to bundle your ressource?

Because vTorrent has already launched and they premined 3%. I think they are going about it all wrong. Why have standard pow mining in a torrent coin? I can build a better mousetrap than that. lol

shit you make mouse traps!?!?!?

coins arent meant to be mouse traps

Not literally of course. lol

[Tearz]

So I am asking the OP again, why you don´t get together with vTorrent to bundle your ressource?

Because vTorrent has already launched and they premined 3%. I think they are going about it all wrong. Why have standard pow mining in a torrent coin? I can build a better mousetrap than that. lol

shit you make mouse traps!?!?!?

coins arent meant to be mouse traps

Not literally of course. lol

k stay golden ponyboy

[mikerbiker6]

I don't like the idea of having to pay to download, that is the reason to pirate something.
But by doing this, the total number of coins remains the same, for every uploaded bit, a bit is downloaded.

[okae]

This coin seems really interested, i will definitely keep an eye on it.

i like so much the idea about give rewards to uploaders and seeders. I will be and seed paranoic if this coin finally go to a dencent way

and no premine, so +1 about it too.

[PonyBoy]

I don't like the idea of having to pay to download, that is the reason to pirate something.
But by doing this, the total number of coins remains the same, for every uploaded bit, a bit is downloaded.

You are paying for a fast download, if you seed back 1:1 you are reimbursed what you paid. Seed back more than 1:1 and actually make a profit. The only time coins are minted is when someone uploads a file and it is tipped/voted on atleast 20 times.

2 of the biggest problems in the bittorrent world are lack of seeders and bad files, eg. Fake, virus, ect.

If the seeders are being paid they are going to keep seeding. By making an uploader get votes or tips on his upload before he gets paid it helps curb bad files being uploaded.

[mikerbiker6]

Can you only seed through a specific client?
Otherwise I could just upload to a person that is not using the TPB client, he doesn't have to pay as you usually don't have to with torrents, but I am getting paid.
Tweaking this a little bit, and I just upload to myself all day. Or is this not possible?

[PonyBoy]

Can you only seed through a specific client?
Otherwise I could just upload to a person that is not using the TPB client, he doesn't have to pay as you usually don't have to with torrents, but I am getting paid.
Tweaking this a little bit, and I just upload to myself all day. Or is this not possible?

I'm embedding a custom torrent program in the wallet. It won't be compatible with any current torrent program or torrent file. I'm also working on the custom transaction system that is needed to charge/pay when you seed/leach. Even if you could make the torrent files in the TPB client to work in a normal torrent program you wouldn't be able to download any data as file parts must be paid for to initiate download.

[adjiadjo]

the rough draft already explain everything i wanna know,

its a great idea since i do torrenting a lot 
any ETA for further planing?

[SecretsOfCrypto]

If I continuously seed torrents can I make a bunch of coin?