[ANN][UFR][ICO] Upfiring | Incentivized P2P File-Sharing - page 26.

BLACKCOIN883

sr. member

Activity: 271

Merit: 250

Quote from: zerghunter68 on October 17, 2017, 07:06:51 AM

I see a few problems, maybe someone knows solution:
1. "When a user downloads a file from a seeder, the user pays for the transaction with UFR", so in this case, it will not be free for user that downloads a file (why should he not use other services like uTorrent).
He can earn by seeding, but still you need some initial capital, to download even 1 file.

2. Transaction fees:
If I understand right you get UFR by seeding and spend it by downloading, but some of that goes to cover gas cost. So in the end you have to seed more than download, but you can't seed if there is noone that downloads.
Taking all the system into account, someone will have to constantly buy or create new tokens?

I assume you can bring content you already have over. In which case you start seeding them for free, and you have a UFR income that way without initial capital required.

zerghunter68

member

Activity: 117

Merit: 10

I see a few problems, maybe someone knows solution:
1. "When a user downloads a file from a seeder, the user pays for the transaction with UFR", so in this case, it will not be free for user that downloads a file (why should he not use other services like uTorrent).
He can earn by seeding, but still you need some initial capital, to download even 1 file.

2. Transaction fees:
If I understand right you get UFR by seeding and spend it by downloading, but some of that goes to cover gas cost. So in the end you have to seed more than download, but you can't seed if there is noone that downloads.
Taking all the system into account, someone will have to constantly buy or create new tokens?

eneloop

legendary

Activity: 1513

Merit: 1040

Quote from: okspam on October 16, 2017, 03:01:05 PM

Quote from: okspam on October 13, 2017, 02:35:12 PM

Quote from: CoinFarmer on October 09, 2017, 10:02:03 PM

Quote from: okspam on October 09, 2017, 12:47:24 AM

Can you please post a comparison between this and Decent? I prefer your project, but I want to see your take as well.

Decent is a good project, but there are a few key differences:

Upfiring strictly focuses on file-sharing. The app allows files to move freely between 2 or more peers - and the solidity smart contracts, which manage the token, distribute UFR tokens when appropriate. Users of our platform earn tokens when others download their files.

DECENT is a protocol for applications and publishing of content. Decent itself doesn't do anything as an application - it simply allows others to build apps on top of it. It functions similarly to an Ethereum/Solidity development framework. It is a solid project in and of itself, but definitely different than Upfiring.

I appreciate your answer. Since Decent is distinctly different from Upfiring, is there any other competition which are much more like Upfiring?

I'm curious who your biggest competitor is, and what differentiates you.

I think vTorrent is the only competitor, but I don't know were this project stands at the moment.

What we need is an anonymous encrypted P2P sharing plattform to compete with one-click-hoster.

okspam

member

Activity: 392

Merit: 10

Quote from: okspam on October 13, 2017, 02:35:12 PM

Quote from: CoinFarmer on October 09, 2017, 10:02:03 PM

Quote from: okspam on October 09, 2017, 12:47:24 AM

Can you please post a comparison between this and Decent? I prefer your project, but I want to see your take as well.

Decent is a good project, but there are a few key differences:

Upfiring strictly focuses on file-sharing. The app allows files to move freely between 2 or more peers - and the solidity smart contracts, which manage the token, distribute UFR tokens when appropriate. Users of our platform earn tokens when others download their files.

DECENT is a protocol for applications and publishing of content. Decent itself doesn't do anything as an application - it simply allows others to build apps on top of it. It functions similarly to an Ethereum/Solidity development framework. It is a solid project in and of itself, but definitely different than Upfiring.

I appreciate your answer. Since Decent is distinctly different from Upfiring, is there any other competition which are much more like Upfiring?

I'm curious who your biggest competitor is, and what differentiates you.

bananafana

full member

Activity: 378

Merit: 100

Quote from: CoinFarmer on October 15, 2017, 03:49:31 PM

Quote from: bananafana on October 15, 2017, 02:10:09 PM

Quote from: bananafana on October 09, 2017, 01:40:15 AM

Quote from: bananafana on October 07, 2017, 05:17:02 AM

So does it recruit the blockchain's data decompression/compression processes in order to exchange and distribute data resiliently and quickly?

I'm just going to assume it does.

Yes, we're looking into optimizing this so that transactions don't take any longer than a typical file-download.

As long as the users aren't on fiber internet, that shouldn't be too difficult.

danBitcoin

member

Activity: 70

Merit: 10

Quote from: derickonfire on October 15, 2017, 10:21:37 PM

ISP called my house once, not very happy..

if you know what I mean..

IDK if this still happens, but I assume so.

Would this service protect against this?

This seems like it would be so easy to fix that it'd be a blunder on their part not to address it. Rerouting all traffic through a 3rd party IP could slow stuff down and make it more expensive on their end. Maybe have a premium feature with a built in Proxy or something.

BLACKCOIN883

sr. member

Activity: 271

Merit: 250

Quote from: CoinFarmer on October 15, 2017, 03:51:24 PM

Quote from: BLACKCOIN883 on October 15, 2017, 12:36:53 PM

So is there any estimate on how much a transaction would cost / pay? Say I'm seeding a 1gb file, and 10 people download it from me. How much are they having to pay each? And how much of that would I be getting?

There's no exact estimate right now, but the range I usually give is around 10-20 UFR for about a 1 GB download. This could definitely change and we're going to make a more final determination once we've launched the testnet and tested the entire protocol.

So that's roughly $.20-$.40 per person I seed to? So they would have to pay this much to download it?

temple

hero member

Activity: 1428

Merit: 538

Quote from: CoinFarmer on October 15, 2017, 12:23:22 PM

Quote from: temple on October 15, 2017, 04:20:24 AM

Quote from: cryptotum88 on October 14, 2017, 07:02:40 PM

What's the meaning of this project?

Why Me, downloader should use your "p2p-system" to download content?

I will simply use utorrent or whatever other torrent client to download whatever I want for ...FREE!

If I understand correctly then the game theoretical aspect is missing in utorrent. There is hardly any or no incentive for people to run servers. And I assume the encryption technology from established blockchain protocols is superior? Enlighten me if I am wrong, would also want to know that.

This is true. There is really no reason for anyone to seed/run servers in uTorrent at all. Encryption is encryption - the place where blockchain shines in this project is the smart contracts. The contracts allow UFR to be transferred between addresses when file transfers are completed successfully.

Makes sense. Looking forward to this!

derickonfire

member

Activity: 126

Merit: 10

ISP called my house once, not very happy..

if you know what I mean..

IDK if this still happens, but I assume so.

Would this service protect against this?

this protocol offers some interesting benefits
https://blawks.com/A-Platform-for-the-Internet-of-Things-IoT-t

CarlosCorreia

full member

Activity: 728

Merit: 139

Congratulations for Upfiting... I think this has potential to be huge!!

Most certainly I will be an investor, just got some questions to ease my investment.
Sorry is some questions were already answered, but I was collecting questions meanwhile reading the topic.

There is no information about the team. Will it be revealed?

This project will have a big weight on the developers. What is the current status of the app client?
What will be the milestones, and ETA's?

You say that all kind of content will be available to share, but how is this shared?
This is being compared to uTorrent like programs. Will there be sites to share the .torrent like files?
Torrents are often associated with illegal content. Could this be a problem?

Just found out the bounty programs. This is good because help spread the word about Upfiring! I just found this project!
But I think you should have a Signatura Campaign also! This forum is the biggest way to spread the word!
I really think the twitter and Facebook campaigns are not that good, because people outside cryptocurrency may see this as spam!

Will there be a bounty for blogging? I usually steeamit about my ICO's investments.

Are you considering partnering up with some already established crypto's? Like for instance a privacy coin.

CoinFarmer

member

Activity: 205

Merit: 10

Upfiring Team Member

Lastly, the UFR Content Bounty is officially live:

https://bitcointalksearch.org/topic/bountyico-upfiring-official-bounty-incentivized-p2p-file-sharing-2274134

CoinFarmer

member

Activity: 205

Merit: 10

Upfiring Team Member

Quote from: BLACKCOIN883 on October 15, 2017, 12:36:53 PM

So is there any estimate on how much a transaction would cost / pay? Say I'm seeding a 1gb file, and 10 people download it from me. How much are they having to pay each? And how much of that would I be getting?

There's no exact estimate right now, but the range I usually give is around 10-20 UFR for about a 1 GB download. This could definitely change and we're going to make a more final determination once we've launched the testnet and tested the entire protocol.

CoinFarmer

member

Activity: 205

Merit: 10

Upfiring Team Member

Quote from: bananafana on October 15, 2017, 02:10:09 PM

Quote from: bananafana on October 09, 2017, 01:40:15 AM

Quote from: bananafana on October 07, 2017, 05:17:02 AM

So does it recruit the blockchain's data decompression/compression processes in order to exchange and distribute data resiliently and quickly?

I'm just going to assume it does.

Yes, we're looking into optimizing this so that transactions don't take any longer than a typical file-download.

bananafana

full member

Activity: 378

Merit: 100

Quote from: bananafana on October 09, 2017, 01:40:15 AM

Quote from: bananafana on October 07, 2017, 05:17:02 AM

So does it recruit the blockchain's data decompression/compression processes in order to exchange and distribute data resiliently and quickly?

I'm just going to assume it does.

danBitcoin

member

Activity: 70

Merit: 10

Quote from: CoinFarmer on October 14, 2017, 05:58:08 PM

Quote from: danBitcoin on October 13, 2017, 01:54:42 PM

Quote from: danBitcoin on October 07, 2017, 03:01:29 AM

The ICO is the only way to acquire UFR before it hits exchanges?

Any ideas on this?

The ICO is the main way, and there will be a small bounty campaign on these forums before it hits exchanges. Stay tuned for that!

Thanks for the reply, I will be keeping an eye out for it.

BLACKCOIN883

sr. member

Activity: 271

Merit: 250

So is there any estimate on how much a transaction would cost / pay? Say I'm seeding a 1gb file, and 10 people download it from me. How much are they having to pay each? And how much of that would I be getting?

CoinFarmer

member

Activity: 205

Merit: 10

Upfiring Team Member

Quote from: temple on October 15, 2017, 04:20:24 AM

Quote from: cryptotum88 on October 14, 2017, 07:02:40 PM

What's the meaning of this project?

Why Me, downloader should use your "p2p-system" to download content?

I will simply use utorrent or whatever other torrent client to download whatever I want for ...FREE!

If I understand correctly then the game theoretical aspect is missing in utorrent. There is hardly any or no incentive for people to run servers. And I assume the encryption technology from established blockchain protocols is superior? Enlighten me if I am wrong, would also want to know that.

This is true. There is really no reason for anyone to seed/run servers in uTorrent at all. Encryption is encryption - the place where blockchain shines in this project is the smart contracts. The contracts allow UFR to be transferred between addresses when file transfers are completed successfully.

CoinFarmer

member

Activity: 205

Merit: 10

Upfiring Team Member

Quote from: cryptotum88 on October 14, 2017, 07:02:40 PM

What's the meaning of this project?

Why Me, downloader should use your "p2p-system" to download content?

I will simply use utorrent or whatever other torrent client to download whatever I want for ...FREE!

The premise is to incentivize seeding and expand the network of seeders. Since you can immediately seed files after downloading them, you'll be able to earn back the UFR you spent downloading and then some. This creates a healthier network since people will WANT to seed files and earn UFR - allowing for a greater availability of files and faster download speeds compared to uTorrent and other clients.

temple

hero member

Activity: 1428

Merit: 538

Quote from: cryptotum88 on October 14, 2017, 07:02:40 PM

What's the meaning of this project?

Why Me, downloader should use your "p2p-system" to download content?

I will simply use utorrent or whatever other torrent client to download whatever I want for ...FREE!

If I understand correctly then the game theoretical aspect is missing in utorrent. There is hardly any or no incentive for people to run servers. And I assume the encryption technology from established blockchain protocols is superior? Enlighten me if I am wrong, would also want to know that.

cryptotum88

full member

Activity: 379

Merit: 100

What's the meaning of this project?

Why Me, downloader should use your "p2p-system" to download content?

I will simply use utorrent or whatever other torrent client to download whatever I want for ...FREE!

Topic: [ANN][UFR][ICO] Upfiring | Incentivized P2P File-Sharing - page 26. (Read 38766 times)