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Topic: Bit451 - "decentralized YouTube" (distributed anonymous p2p media network) - page 2. (Read 7210 times)

legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
It's fair to say at this point that youtube does need some stronger competition to keep it honest.  Particularly after the recent fuss about either removing videos by indie music publishers or stripping their advertising from videos.  It seems they've backtracked from that idea now due to the public outcry that ensued, but it's not an encouraging sign either way.  I'm only about a third of the way through reading the site, but it sounds like it's got potential.
newbie
Activity: 14
Merit: 0
Quote
Bit451 is an open source decentralized/distributed anonymous p2p media network. It has been characterized as "YouTube meets BitTorrent meets Bitcoin".

Synopsis

Bit451 is comprised of multiple open source projects working together as one: a video browsing interface, a mesh of file transfer protocols/networks with streaming content capabilities, and a specialized distributed database, are its primary components. You, as a Bit451 user, will have the option to simply access the network directly from your browser, no additional setup required - or, to run a light, streamlined service to help host and contribute to the Bit451 network. Website creators can also easily tap into and serve Bit451 to their visitors using the same light setup configured to their liking.

As for the Bit451 network itself, it will have all the features you have come to know and love: user accounts/profiles, favorites, ratings, subscriptions, playlists, search, recommendations, and much more. The network is community-based, so the users and content you interact with is determined by your preferences and the users you trust. If you don’t specifically know or “trust” any users starting out, don’t worry, you’re not alone and the default settings will work just great. Bit451 will also introduce an automatable cryptocurrency payment plugin system, so that content consumers and producers can buy, sell, and host content for their favorite coins.

For broader reuse, Bit451 will create:
* a P2P distributed database which can easily be repurposed by other P2P apps; see Database
* a P2P file sharing network crossover methodology/capabilities to bridge and integrate multiple different protocols; see File Transfer
* a P2P serverless deterministic account-based social content network frontend; see Portal

At this point you may be wondering, that all sounds great but what's so wrong with YouTube?. (Yes, Bit451 can even read your mind! Pretty amazing so far, right?..)

Feedback on any and all aspects of Bit451 are strongly desired and encouraged! Please join in to Discuss, Donate, and Contribute!
...

Read full white paper

Discuss (further) at /r/Bitcoin
at /r/Bit451

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