Not sure if you guys saw this
http://mining.mn-ml.co/BitcoinMinerSupply/news/old-pirate-bay-to-reward-contributors-with-100000-in-bitcoin/
Topic: [Pre-ANN] ThePirateBayCoin (TPB) +Torrents on the blockchain+Built in downloader - page 2. (Read 19620 times)
January 29, 2015, 02:35:39 PM
January 28, 2015, 07:55:55 PM
TPB Its a different way of mining coins you have too seed or upload a torrent to earn some coins.
So this is just another way to mine coins - proof of bandwidth?
What happens when you get to Max Coin supply?
Bitcoin is due to revert to fees when all 21million Bitcoins are mined. Proof that fees will generate rewards for nodes and miners is already shaping up as people pay to get their transactions confirmed faster.
January 28, 2015, 05:00:10 AM
TPB Its a different way of mining coins you have too seed or upload a torrent to earn some coins.
January 28, 2015, 04:54:46 AM
Request: merge-mining with Bitcoin - like namecoin does.
Isn't TPB a totally different algo?
January 28, 2015, 02:32:37 AM
Request: merge-mining with Bitcoin - like namecoin does.
January 24, 2015, 09:31:02 AM
Stole my idea.... I mean I hadnt started it yet but still I was working on this .in my version coins are mined by uploading andit costs coins to download and thpse coins get divided by uploaders
LOL
Cant say its stolen if nothing is published.. I had this idea too, I just dont have the means to create it.
January 24, 2015, 09:18:54 AM
why not make something like bitcomet program ? users get coins instead of points OR points can be redeemed to coins:
How was the score calculated?
BC Score = Points from online time + Points from uploaded Bytes.
Being online can generate 2 points per hour, with a limited maximum of 20 points, per day.
Uploading files continually, via BitTorrent protocol, can generate 1 point per 10MB, with a limited maximum of 100 points, per day.
Downloading files, via BitTorrent protocol, doesn't affect the Score. The same applies to HTTP and FTP protocol.
The Score will be updated every 24 hours.
How was the score calculated?
BC Score = Points from online time + Points from uploaded Bytes.
Being online can generate 2 points per hour, with a limited maximum of 20 points, per day.
Uploading files continually, via BitTorrent protocol, can generate 1 point per 10MB, with a limited maximum of 100 points, per day.
Downloading files, via BitTorrent protocol, doesn't affect the Score. The same applies to HTTP and FTP protocol.
The Score will be updated every 24 hours.
January 23, 2015, 07:51:30 AM
This is definitely an idea whose time has come. I hope this is genuine and will actually be built.
January 21, 2015, 03:34:02 PM
Stole my idea.... I mean I hadnt started it yet but still I was working on this .in my version coins are mined by uploading andit costs coins to download and thpse coins get divided by uploaders
LOL
Cant say its stolen if nothing is published.. I had this idea too, I just dont have the means to create it.
January 21, 2015, 03:22:21 PM
Stole my idea.... I mean I hadnt started it yet but still I was working on this .in my version coins are mined by uploading andit costs coins to download and thpse coins get divided by uploaders
January 21, 2015, 02:53:49 PM
I want to keep track of this and similar projects in one place.
Rather than pose a threat to rights owners, I think projects like TPB have the potential to solve the bandwidth issues that the internet is facing because of the growth in streaming videos.
I also think that digital rights owners can actually use projects like this to save their antiquated business models.
Why? Because what you are doing is figuring out a way for seeders to get paid for seeding. Paying distributors. But wait - that's what rights holders do, they pay distributors to distribute their stuff.
If you can contribute to this work in progress summary of projects, such as TPB, I'm going to send links to news outlets to see if they will cover this new category.
Thanks in advance!
https://bitcointalksearch.org/topic/m.10231367
Rather than pose a threat to rights owners, I think projects like TPB have the potential to solve the bandwidth issues that the internet is facing because of the growth in streaming videos.
I also think that digital rights owners can actually use projects like this to save their antiquated business models.
Why? Because what you are doing is figuring out a way for seeders to get paid for seeding. Paying distributors. But wait - that's what rights holders do, they pay distributors to distribute their stuff.
If you can contribute to this work in progress summary of projects, such as TPB, I'm going to send links to news outlets to see if they will cover this new category.
Thanks in advance!
https://bitcointalksearch.org/topic/m.10231367
January 20, 2015, 11:03:40 AM
I spoke with the peeps at Bittorrent/uTorrent and while they know about crypto, I don't think they have put 2+2 together yet, however...
Just name it like TorrentCoin (but not dead like TC), or whatever, dont tie it to a single torrent index. That way its valid for all torrents, even legitimate ones. Let Piratebay implement a tip bot or something if they like.
If bittorent was to build a wallet into their existing torrent clients it would be huge, but the probability is it would be BTC. I think this will eventually happen so best beat them to it.
Just my 2 cents.
Cheers and good luck
Just name it like TorrentCoin (but not dead like TC), or whatever, dont tie it to a single torrent index. That way its valid for all torrents, even legitimate ones. Let Piratebay implement a tip bot or something if they like.
If bittorent was to build a wallet into their existing torrent clients it would be huge, but the probability is it would be BTC. I think this will eventually happen so best beat them to it.
Just my 2 cents.
Cheers and good luck
January 18, 2015, 03:02:24 AM
So many recent coins that have proposed to do exactly this-- add magnet/torrent links to their blockchains-- and either been scams or failed.
If you can show a working prototype of torrents in a blockchain BEFORE releasing a coin... and even better, make that coin all proof-of-work... you will have a hit on your hands.
I like the idea of paying a nominal fee for quality torrents, too.
If you can show a working prototype of torrents in a blockchain BEFORE releasing a coin... and even better, make that coin all proof-of-work... you will have a hit on your hands.
I like the idea of paying a nominal fee for quality torrents, too.
I just... ugh. The ability to embed magnet links into a blockchain has been able to be done for a year now. And the protocol for it is coin-agnostic, you can apply it to anything.
The reward function is a twist, and I'll keep an eye out on it, but I'll remain skeptical until I see it.
January 17, 2015, 01:15:25 PM
very cool
January 17, 2015, 12:44:06 PM
ICOs are usually scammy crap but in this case the usual Bittrex based ICO makes sense. The OP comes off as serious and building a robust altcoin based Piratebay will take lots more than one smart guy and volunteers. If they actually got it running this would maybe the only alt with built-in real world facing demand that can delink from dying Bitcoin.
January 17, 2015, 12:26:42 PM
any timeline when will be the project launch?
Its like a private tracker you need to seed in order to download, its a give and take situation.
Its like a private tracker you need to seed in order to download, its a give and take situation.
January 17, 2015, 12:13:10 PM
Quote
I'm not saying you PAY for the content, just for the bandwidth usage, you are in essence paying for a fast download. Once you upload to 1:1 you get the coins you spent back.
Unless you download premium content, then the content creator gets paid. You can always make this back by seeding back over 1:1 to gain back the coin that you spend on the premium content. example, you download an independent film that is 1gb in size and costs 5TPB to download. downloading 1gb is going to cost 1TPB but once you seed back 1:1 you gain back 1TPB, once you seed back 6:1 you would make back your original 1TPB and an aditional 5TPB, gaining back what you spend to download the content in the first place. Keep in mind that the content creator can charge less than other services like itunes since they don't have to go through another organization that has huge overhead. This means you could see new release songs come out for 10 cents a download because that is still more than the artist would get selling it on itunes at 99 cents and having most of it taken by the studio and apple.
Unless you download premium content, then the content creator gets paid. You can always make this back by seeding back over 1:1 to gain back the coin that you spend on the premium content. example, you download an independent film that is 1gb in size and costs 5TPB to download. downloading 1gb is going to cost 1TPB but once you seed back 1:1 you gain back 1TPB, once you seed back 6:1 you would make back your original 1TPB and an aditional 5TPB, gaining back what you spend to download the content in the first place. Keep in mind that the content creator can charge less than other services like itunes since they don't have to go through another organization that has huge overhead. This means you could see new release songs come out for 10 cents a download because that is still more than the artist would get selling it on itunes at 99 cents and having most of it taken by the studio and apple.
This sounds like a really bad idea. First of all you're already going to have the government up your ass if you create this for free, but if you try to charge any money for it you'll really get taken down like Limewire or something. Also all these Bittorrent coins aren't going to matter compared to the one that finally does it 100% for free. If you run some sort of web portal where it makes it easier to navigate the torrents hidden in the blockchain or something you could serve ads on there and fund your dev costs that way. If you want this project to be truly worthy of The Pirate Bay moniker, build the first decentralized Pirate Bay that can't be taken down. That would be truly epic.
If you're talking about a decentralized P2P payment mechanism built into the protocol for artists and other entities to release premium content, that should be a backburner project until the blockchain torrent structure is implemented. At first it should just be barebones to get the concept up and running and sooner than you can blink you'll have the attention of the whole community interested in your project.
+1 charging people to upload?
wtf. and charging people to download? are you kidding me? this just looks like a way for the devs to make some cash. Also, realistically the general idea of charging people for something that has been free for the last 10 years is just stupid. It is adding complexity to the system, not making it more simple. 2nd of all, if torrenting isn't already illegal enough in some countries, making money off of it takes it to the next level. You get extra jail time for that.
There is really only 2 ways that I can think of to make money from a project like this.
1. put adverts into you client
2. premine all the coins up front and airdrop them out and then let the community use them for tipping.
We are not premining, or running an IPO/ICO. The only way we are making any money to fund the project is through advertisements in the OP, Website, and Wallet. We may also do a fundraising campaign by selling limited edition deco coins.
We will not charge people to upload, uploaders are the ones that get paid the most, and this is where the real mining happens.
The project of letting people charge for premium content is a future addition that is planned. I want to launch the alpha build with atleast magnet storage on the blockchain, magnet search in the wallet, and built in downloader. Also, people who download will have to pay a small fee initially but when they seed back 1:1 they make back what they spent, anything seeded over is profit. Anything the downloaders pay goes directly to the seeders, none goes to us.
I'm not trying to make any money off of this coin through selling media or holding back coins for myself. I want to make this as legit as possible. I have seen way to many projects die before they even launch because the devs were greedy...
January 17, 2015, 11:26:54 AM
Quote
I'm not saying you PAY for the content, just for the bandwidth usage, you are in essence paying for a fast download. Once you upload to 1:1 you get the coins you spent back.
Unless you download premium content, then the content creator gets paid. You can always make this back by seeding back over 1:1 to gain back the coin that you spend on the premium content. example, you download an independent film that is 1gb in size and costs 5TPB to download. downloading 1gb is going to cost 1TPB but once you seed back 1:1 you gain back 1TPB, once you seed back 6:1 you would make back your original 1TPB and an aditional 5TPB, gaining back what you spend to download the content in the first place. Keep in mind that the content creator can charge less than other services like itunes since they don't have to go through another organization that has huge overhead. This means you could see new release songs come out for 10 cents a download because that is still more than the artist would get selling it on itunes at 99 cents and having most of it taken by the studio and apple.
Unless you download premium content, then the content creator gets paid. You can always make this back by seeding back over 1:1 to gain back the coin that you spend on the premium content. example, you download an independent film that is 1gb in size and costs 5TPB to download. downloading 1gb is going to cost 1TPB but once you seed back 1:1 you gain back 1TPB, once you seed back 6:1 you would make back your original 1TPB and an aditional 5TPB, gaining back what you spend to download the content in the first place. Keep in mind that the content creator can charge less than other services like itunes since they don't have to go through another organization that has huge overhead. This means you could see new release songs come out for 10 cents a download because that is still more than the artist would get selling it on itunes at 99 cents and having most of it taken by the studio and apple.
This sounds like a really bad idea. First of all you're already going to have the government up your ass if you create this for free, but if you try to charge any money for it you'll really get taken down like Limewire or something. Also all these Bittorrent coins aren't going to matter compared to the one that finally does it 100% for free. If you run some sort of web portal where it makes it easier to navigate the torrents hidden in the blockchain or something you could serve ads on there and fund your dev costs that way. If you want this project to be truly worthy of The Pirate Bay moniker, build the first decentralized Pirate Bay that can't be taken down. That would be truly epic.
If you're talking about a decentralized P2P payment mechanism built into the protocol for artists and other entities to release premium content, that should be a backburner project until the blockchain torrent structure is implemented. At first it should just be barebones to get the concept up and running and sooner than you can blink you'll have the attention of the whole community interested in your project.
+1 charging people to upload?
wtf. and charging people to download? are you kidding me? this just looks like a way for the devs to make some cash. Also, realistically the general idea of charging people for something that has been free for the last 10 years is just stupid. It is adding complexity to the system, not making it more simple. 2nd of all, if torrenting isn't already illegal enough in some countries, making money off of it takes it to the next level. You get extra jail time for that.
There is really only 2 ways that I can think of to make money from a project like this.
1. put adverts into you client
2. premine all the coins up front and airdrop them out and then let the community use them for tipping.
January 17, 2015, 09:51:55 AM
interested in how this progresses.
two HUGE points for using your real account!
two HUGE points for using your real account!
January 17, 2015, 02:44:12 AM
This seems like a really good idea, given that TPB is down still it will give a lot more incentive to have TPB live again but through Crypto 
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