Is there a BEP to make this work for native torrents too? Also I don't understand the name "Web3torrent", is it intended to indicate a new version?
Web3 is basically distributed internet to my knowledge, things like hosting on IPFS etc
Show HN: Web3Torrent – Adding Ethereum Micropayments to WebTorrent
81–90 of 99 posts
Re: Show HN: Web3Torrent – Adding Ethereum Micropayments to WebTorrent
#82i still think ethereum will fail.. miserable
public blockchain still have zero use case
Re: Show HN: Web3Torrent – Adding Ethereum Micropayments to WebTorrent
#83Earlier quoted context omitted.
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.
Okay than just my two cents. I use torrents a lot and never had a problem finding what i needed, and i would certainly not pay a dime for some obscure per-bite streaming. Not in torrents.
Private trackers may have free entry but cost money in other ways. It's not easy to get buffer on a home connection. I have probably spent $200 on my seedbox over the years. Pay-per-bite sounds a lot cheaper in contrast.
Re: Show HN: Web3Torrent – Adding Ethereum Micropayments to WebTorrent
#84"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…
I would be willing to pay a nominal fee to get faster, more reliable torrents. I already pay for a torrent caching service to get better download speeds.
Re: Show HN: Web3Torrent – Adding Ethereum Micropayments to WebTorrent
#85Earlier quoted context omitted.
Okay than just my two cents. I use torrents a lot and never had a problem finding what i needed, and i would certainly not pay a dime for some obscure per-bite streaming. Not in torrents.
Private trackers may have free entry but cost money in other ways. It's not easy to get buffer on a home connection. I have probably spent $200 on my seedbox over the years. Pay-per-bite sounds a lot cheaper in contrast.
In context of the US maybe it is different. Mine is 200mbit/s no caps $7/mo connection - common in Moscow - and I don’t remember caring about traffic or speed ever. Any torrents with 5+ seeds is like whoooosh and it’s done.
Re: Show HN: Web3Torrent – Adding Ethereum Micropayments to WebTorrent
#86Earlier 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.
some isps are even running their own streaming services!
Re: Show HN: Web3Torrent – Adding Ethereum Micropayments to WebTorrent
#87This is really cool! Will you be using it for other crypto as well?
Re: Show HN: Web3Torrent – Adding Ethereum Micropayments to WebTorrent
#88Earlier quoted context omitted.
Of the private trackers that I know of, only the ones that solicited donations were raided and taken down. I am unaware of any explicitly paid private trackers, and such a business model seems like a great way to conjure the ire of the FBI.
They instead require seeding performance/behaviour that almost necessitates renting a seedbox.
I don't understand the sites that require a > 1.0 seed ratio... Like it's mathematically impossible for everyone to seed to > 1.0
Re: Show HN: Web3Torrent – Adding Ethereum Micropayments to WebTorrent
#89Earlier quoted context omitted.
I beg to differ. I used to have a Netflix subscription here in France (not anymore), my wife is from Latin America and wanted to use English subtitles instead of French ones (and so did I), funny thing is, English subtitles were not available in France, the only way to get English subtitles was to use a proxy and a US Netflix account (not possible anymore as many proxies are blocked) or just use torrent. There are ma…
I always wonder how normal, presumably honest, people go from "I can't watch my shows with the subtitles that I like" to "I'll just steal it."
Because we don't agree with copyright laws. When you steal something in the physical world, you are depriving someone of the stolen object. In the digital world that doesn't happen, you are just producing yet another copy. For this reason I can't agree with these laws where the government is giving someone/a company a monopoly on ideas or digital things, it's creating scarcity artificially. Patent and copyright laws should not exist.
Re: Show HN: Web3Torrent – Adding Ethereum Micropayments to WebTorrent
#90I'm supprised no one has mentioned the fair exchange problem: if A, B engage in an exchange protocol, say A sends data to B while B paying to A, how to achieve fairness using an asynchornous protocol. Without a third party, either one of the two parties has to be in a position of advantage where it can choose to walk off without fulfilling his part of the contract.
The problem still exists under "micro-transaction" scheme, but in a less exploitable sense: because each transaction only involves a small amount of money or data, it's probably okay if you encountered with a cheater with one or two transactions. You can just block them after catching them cheating.
But the cheaters can still exploit this problem for their own gain: they just repeat this scheme with all other users on the network, until they received the whoe file without spending anything.
I don't see this protocol preventing such exploitable scenario. In fact it's a very difficult problem to solve efficiently and without a traditional trusted third party. It's even been proved [1] that strong fairness is impossible without a trusted third party. However relying on blockchain as a thrid party, it's possible to achieve this, and there are implementations [2] out there, but the challenge is throughput. Most of these solutions can only handle kilobytes/s of throughput. The computational barrier here is the vast amount of modular exponentiations.
[1] https://www.cs.utexas.edu/~shmat/courses/cs395t_fall04/pagni... [2] https://github.com/sec-bit/zkPoD-node