Hey guys. I wrote the nontechnical paper for Bitcloud. Just wanted to pop in to discuss the similarities with our projects because they are somewhat similar. As cryptrol pointed out, this is a brand new protocol that is based on proof of bandwidth, so it's not really an altcoin to Datacoin. The main ideas we've been thinking about when it comes to Bitcloud are a decentralized YouTube alternative and a way to monetize a meshnet in the distant future. Would projects like these be possible with Datacoin? Nodes are paid for sharing bandwidth in Bitcloud, so I am wondering if Datacoin would run into trouble when it came to apps that required large amounts of bandwidth. Let me know what you guys think. Thanks.
Hi!
Datacoin can run into trouble if someone wants to store big files in it
Generally, I have such an idea. Datacoin stores
only text info: html pages, css\js for them, small pictures (logos?), magnet links, etc. It also will store info that really needs redundancy. It will be fast storage with its own services. In that case Bitcloud can offer media storage for that - it won't need such redundancy, but it will work in pair with Datacoin. Just imagine: Namecoin as root DNS service, Datacoin as service for storing text info and security keys, for example, and your project as a media storage. It is really some kind of new, free Internet with economical/financial background.