Could bitcoin save the music industry? - page 5.

S4VV4S

hero member

Activity: 1582

Merit: 502

Quote from: jbrnt on June 13, 2014, 03:51:25 PM

I can't imagine how big the blockchain would be if the actual music is stored on it. The purpose of the blockchain is to solve the trust issue on an open ledger. Music doesn't need that. It would be pointless to create a music blockchain.

Theres no need for music to be stored on it just licensing info.
However, how is one to overcome piracy?

jbrnt

hero member

Activity: 672

Merit: 500

I can't imagine how big the blockchain would be if the actual music is stored on it. The purpose of the blockchain is to solve the trust issue on an open ledger. Music doesn't need that. It would be pointless to create a music blockchain.

S4VV4S

hero member

Activity: 1582

Merit: 502

Quote from: franky1 on June 13, 2014, 03:43:42 PM

an altcoin with a 5mb per transaction rule,,, then anything is possible.

just dont expect anyone to download the blockchain

Actually, they could store licensing info on the blockchain.
So, no need for 5mb Wink

franky1

legendary

Activity: 4396

Merit: 4755

an altcoin with a 5mb per transaction rule,,, then anything is possible.

just dont expect anyone to download the blockchain

thatguyrob

newbie

Activity: 5

Merit: 0

I was wondering if it would be possible to store music on the blockchain the same way the ledger is stored? Then you could sell private keys that give a program access to the data so that the music can be streamed directly from the blockchain? Is this kind of thing possible with bitcoin or another alt-coin in the future? Because this would have positive impact on the music industry as well as any other industry that are having issues with piracy. I'm just trying to stay informed about the potential impact of this technology.

Topic: Could bitcoin save the music industry? - page 5. (Read 2647 times)