Ok, a have a few questions.
Where will uploaded content be stored? On my disk, website server,...?
Also, initial distribution of 20mil – does that mean there will be more coins minted besides 30% interest rate?
Do you have more depth financial structure plan of system that encourages people using VidioShare? Maybe in a simple way - not eveyone wants to deal with exchanges and all Crypto stuff? As i understand emphasis here is anonymity and safety.
Guys this idea is really great!
But why cant i get an answer to these questions? Some more detailed info on how the system will work and become usefull for mainstream?
Sorry I must have accidentally passed your question. All the content(media) will be stored on multiple servers. With current decentralized technology it is not possible to give you streaming media at a consistent and high quality rate if we do not use a direct connection to high powered servers(hardware/connection rates). These servers will be spread across the Globe in a wide variety of locations so you will always get appropriate streaming and content viewing. The monetization protocol will be decentralized and will be connected with the site completely the decentralized monetization protocol will be connected much like Bitcoin or an architype of any decentralized cryptocurrency, from this through user viewing/commenting/uploading etc the decentralized monetization system will award users directly to the wallets. Wallets are created instantly on user signup so every user that joins VidioShare has access to the decentralized monetization protocol and a cryptocurrency wallet. This is all integrated into the site. Why it will be useful is because of:
*High security methods (Launckey integration) this has never been done before.
*Wide uses of viewable and downloadable media (word/video/audio etc files) No system has done this before.
*Integration of streaming, tv viewing and all types of viewable media into one media site. This has not been done before.
*Completely new system that removes the old unfair system of centrally controlled advertisement (on youtube you have to go through a rewards programme to gain access to advertising revenue). On these "normal" revenue programmes the provider can deny you and there is a scalable profits. All profits on VideoShare are set so there is no decrease from the decentralized monetization protocol so what you put in you get out of the system at a set rate. Users never earn revenue from comments or upvoting or interacting with the media on the standard sites right now like Twitch or Youtube only content creators do. Through the VidioShare system every user earns consistently through interaction on all levels and it is quick, easy and secure.