51–60 of 99 posts
Earlier quoted context omitted.
If you got paid for torrenting, a lot less people would torrent because of the much increased legal liability and massive increase in lawsuits.
There are anonymous torrents thanks to I2P. If those were to become more popular, then it might be more interesting to embed payments there.
Earlier quoted context omitted.
This would become the ultimate streaming service. All titles, from everywhere, available on one service. Add in a revenue sharing model for copyright holders and you've got the ultimate entertainment platform.
That was the original idea for Netflix, but the problem is that all the copyright holders decided that they wanted the profits that Netflix was pulling in and created their own streaming services. Pretty soon some ISP is going to sell a bulk subscription to these streaming services alongside their internet package and we'll have truly come full circle.
Can one state channel be used to pay multiple seeders? Or do I need to create a budget for each seeder I want to interact with?
The funds you deposit at the beginning can be used to pay multiple seeders. You have one "ledger channel", funded by that on-chain deposit, which is being used to open a "virtual channel" for each seeder you connect to. There's a bit more about it in this post: https://blog.statechannels.org/channels-funding-channels/ .
I like this approach to incentivize seeding, this could create a boom in torrenting if it works decently well and enough people hop on board. Too bad this is only running on test net, understandably.
Earlier quoted context omitted.
That was the original idea for Netflix, but the problem is that all the copyright holders decided that they wanted the profits that Netflix was pulling in and created their own streaming services. Pretty soon some ISP is going to sell a bulk subscription to these streaming services alongside their internet package and we'll have truly come full circle.
Yep, all of the property owners want their rent seeking platforms. The fun thing about this service is that the copyright holders don't get a choice. Their content will be on the platform regardless of what they want so they have an incentive to join the profit sharing in order to better control their metadata on the service and provide better support for their users. Or they can sit and complain and lose out on any…
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Can you? What about these countless "0 seeders" rare materials which never start or stop forever at 90% mark?
Didn't experience this problem much. If not found on any tracker, such a material is probably too rare for anyone to care about. Even with some monetization model in place, it would be unrealistic to keep all sorts of "rare" materials in the world to make $1 from a random stranger coming once a year. Anyway, I would't pay $1
Also, there's the issue of people finding rare source materials, but keeping them to themselves, because sharing is a hassle. Monetization would help incentivize these people.
I like this approach to incentivize seeding, this could create a boom in torrenting if it works decently well and enough people hop on board. Too bad this is only running on test net, understandably.
Good luck trying to cash out any meaningful amount. You would need to declare source of funds and you really do not want write "piracy" to your bank.
Earlier quoted context omitted.
Didn't experience this problem much. If not found on any tracker, such a material is probably too rare for anyone to care about. Even with some monetization model in place, it would be unrealistic to keep all sorts of "rare" materials in the world to make $1 from a random stranger coming once a year. Anyway, I would't pay $1
Rare materials are what made some trackers great. Remember what.cd? That was the most comprehensive music catalogue ever. And it worked. Also, there's the issue of people finding rare source materials, but keeping them to themselves, because sharing is a hassle. Monetization would help incentivize these people.
"Torrenting has an incentivization problem. There is sometimes a real lack of incentive to seed a file, especially for obscure files where you may only find a single digit number of people that have it. Adding monetary incentives to the existing torrenting structure should prove to be extremely interesting." In my opinion, if torrenting meant one needs to pay for download, we would never have heard about torrents. Th…
This has implications way beyond torrenting. This solves the incentivization of bandwidth in a decentralized way. If we now solve the closely related incentivization of long-term encrypted storage, we would be able to build a sustainable decentralized storage service unlike torrents that are powered by fame or Infura which is powered by corporate philanthropy (which never lasts unless we become the product). This mea…