Bitcoin + Monero + BitTorrent + ShadowMarket
Can use as BitTorrent without crypto; or
Can use as crypto without BitTorrent; or
Can use BitTorrent with crypto.
Got a file you want to share and charge for? Put it into BiTorrent section, then charge for bandwidth.
Got some sort of desire to share for nothing? Put it into BitTorrent section, and don't charge. Maybe ask for donations.
etc.
Am I able to download shit from thepiratebay and just seed it on vTorrent and earn coins?
Not if the people that uploaded on piratebay do it first! xD
Actually this could be a big problem, whats to stop one person from downloading a paid torrent, then distributing it for free?
The way I picture this happening is this:
1. Person A initially uploads File A at a fixed price of 1TOKEN
2. Person B pays Person A 1TOKEN for the download, then does one of two things.
3a. Person B allows others to upload File A and shares profit with person A.
3b. Person B modifies File A to become File B and uploads File B at a fixed price of 1/2TOKEN.
If people chose 3b whenever they get a file, the price of that file will trend towards free which to be fair, after a long enough period of time, a file should become public domain and thus free (but that's just my opinion).
To combat against this, I thought a good way of combating the problem would be to:
1. Set a time limit that states after X amount of time, the file becomes public domain and free to download.
2. Allow the user to set a cap on how much money they want to make before the file becomes public domain.
Just a thought
-Pickle
What happens when Person C downloads the file?
He uploads it for 1/4 TOKEN?
This could proceed to infinity and no one would download from the original uploader