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by mratsim 2185 days ago
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 means that we would be able to replicate backup/archive services like BackBlaze or Amazon Glacier or even ensure the longevity of archive.org.

3 comments

Fun history: Bram Cohen quit Mojo Nation to make BitTorrent. Mojo Nation aimed to solve exactly the problems you're talking about. It was too ambitious for its time, apparently, but trying is how you find out.
How about distributed YouTube with micropayments instead of ads.
storj.io already does this.
Sia, MaidSafe, Storj, Filecoin, a number of networks either out or on the way for this kind of storage, theirs another one too but I can't remember the name of it for the life of me and I was a node a year or 2 ago for them lol.