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Topic: is there anything similar between cryptocurrency and torrents? (Read 369 times)

hero member
Activity: 1470
Merit: 655
i do not know any country that has a law against "torrent". however they have lots of laws against "pirating".

generally speaking, it is very interesting that people understand the difference between "file sharing via torrent" and "pirating" when you talk to them but when it comes to bitcoin they don't understand or resist against understanding the difference between bitcoin and money laundering!
member
Activity: 123
Merit: 10
i do not know any country that has a law against "torrent". however they have lots of laws against "pirating".in torrent you can share files and retreive files while in bitcoin you can pay and earn moneymaybe the concept is similar but really diferrent purpose But you are correct, there are countries that totally ban torrent downloads, but if you can used VPN to hide your ip adress so that you remain completely anonymous so that you can still continue to download pirated movies, softwares etc..
sr. member
Activity: 476
Merit: 255
Haha,lol, i give you "something" about this Cheesy
Torrents = a facility used by many people to download pirated files/software/movies and does not benefit the original publishers.
Bitcoin = useful for all.
legendary
Activity: 2968
Merit: 3684
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You've got the gist of the answers to that... I would say they're separate technologies similar only in distribution (p2p) and decentralisation. Arguably, you could say they're both inspired by the same libertarian ideologies. But here are a couple more connections:

I'm a heavy torrent user (yes I still don't do Hulu or Netflix) and recall Micro torrent secretly installing malware on their client a couple of years ago (before I even got into Bitcoin actually). They'd used thousands of home computers to mine Bitcoin for a while before whitehats discovered this. They've gotten over that scandal since, but more recently, Pirate Bay installed a mining script that also used surfer's CPUs while on their site.
hero member
Activity: 1834
Merit: 759
They're both peer to peer, and they're both decentralized. Being decentralized means government entities can't just crack down on one computer to shut the entire operation down. Governments trying to shut down torrent sites is kind of similar to China shutting down exchanges.

Torrents per se are not illegal, but piracy is. There are plenty of legitimate uses for torrents and many companies make their releases available for torrent download. It's pretty much exactly like how Bitcoin is being used for money laundering and ransomware.
full member
Activity: 1050
Merit: 109
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I do not really understand what the equations of crypto and torrent, but from my experience both are open source (created without having to pay the patent), if I am wrong please forgiven, hehehe Cheesy
hero member
Activity: 2842
Merit: 772
can you please explain to me what's their connection between cryptocurrencies and torrents? I know that both p2p
I also know that many countries see torrent downloads as a bad thing and have laws against it.



Torrents moves files or data using peer-to-peer connection, while bitcoin/blockchain uses peer-to-peer aslo, they uses a decentralized network called blockchain that is spread across different nodes. Torrents don't used this kind of ledger. So you don't lose any information, unlike in a torrent that if the seeders decided to stop seeding, you will have a difficult time to download it again.

But you are correct, there are countries that totally ban torrent downloads, but if you can used VPN to hide your ip adress so that you remain completely anonymous so that you can still continue to download pirated movies, softwares etc..

sr. member
Activity: 962
Merit: 269
CryptoDirectories.com
can you please explain to me what's their connection between cryptocurrencies and torrents? I know that both p2p
I also know that many countries see torrent downloads as a bad thing and have laws against it.

in torrent you can share files and retreive files while in bitcoin you can pay and earn money
maybe the concept is similar but really diferrent purpose
legendary
Activity: 3472
Merit: 10611
can you please explain to me what's their connection between cryptocurrencies and torrents? I know that both p2p
there is no connection between cryptocurrencies and torrents. there is more of a similarity. because both of them are based on a decentralized network of computers (peers) connecting to each other and sharing a file (any file in torrent and the blockchain in cryptocurrencies) between each other. every computer can be a server and a client at the same time.
there are of course lots of differences, like for example the way peers find each other (torrent: through a tracker, bitcoin: through each other).

Quote
I also know that many countries see torrent downloads as a bad thing and have laws against it.
i do not know any country that has a law against "torrent". however they have lots of laws against "pirating".

it is like saying using a knife is illegal because it can be a murder weapon!
hero member
Activity: 1106
Merit: 502
This is a good joke, like the sky and the moon has nothing in common.
I use torrent to retrieve files, like in the piratebay.
maybe this torent site has started making payments with bitcoin. and that's not an equation, just use crypto as payment.
legendary
Activity: 1330
Merit: 1003
Yeah man. I am not super knowledgeable about the technical side of either, but guarantee you torrents and blockchain have some similarities at least. Some guy told me that anyways, but like I said I don't know enough to really comment how.

Also I don't see why people use torrents that much these days compared to back before 2009ish when YouTube and streaming became so popular.
full member
Activity: 196
Merit: 101
Similar in what way?

Bittorrent uses a decentralized DHT to find peers for a torrent. It also download files in "blocks" from different peers. That is somewhat similar, but the two are very different. One is a decentralized currency, one is a way of sharing files which can use centralized trackers or a decentralized DHT.
member
Activity: 286
Merit: 23
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can you please explain to me what's their connection between cryptocurrencies and torrents? I know that both p2p
I also know that many countries see torrent downloads as a bad thing and have laws against it.

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