I’m not sure what being ‘blockchain-based’ is even for in the context of hosting videos etc. Seems to me like a solution looking for a problem. Can you explain?
Also, I checked out Peertube, and it looks promising, but lacking in content of interest to me for now. I should sign up just to support the cause of a viable alternative to YouTube, though.
In 2015, a content distribution network called LBRY (pronounced “library”) was created. It uses blockchain to be very robust and censorship resistant and handle payments to content creators with its own built-in cryptocurrency. Then in 2020, Odysee was created as a way to easily view LBRY content without needing special software or skills.
LBRY is modeled after Bitcoin, but doesn’t actually store content on the blockchain. Instead, it stores metadata about content, including how to download the content from a P2P network, which I’m guessing is similar to a magnet URI. The LBRY website explains, “For the same reasons that nobody can prevent a Bitcoin transaction from taking place, nobody can prevent a transaction (like a publication or a tip) from appearing on the LBRY blockchain.” And although LBRY aims to be censorship resistant, Odysee can still censor whatever they choose.
I’m not sure what being ‘blockchain-based’ is even for in the context of hosting videos etc. Seems to me like a solution looking for a problem. Can you explain?
Also, I checked out Peertube, and it looks promising, but lacking in content of interest to me for now. I should sign up just to support the cause of a viable alternative to YouTube, though.
Blockchain is basically another means of decentralization, albeit different from PeerTube and the rest of the Fediverse.
I just looked it up. Here is my summary:
In 2015, a content distribution network called LBRY (pronounced “library”) was created. It uses blockchain to be very robust and censorship resistant and handle payments to content creators with its own built-in cryptocurrency. Then in 2020, Odysee was created as a way to easily view LBRY content without needing special software or skills.
LBRY is modeled after Bitcoin, but doesn’t actually store content on the blockchain. Instead, it stores metadata about content, including how to download the content from a P2P network, which I’m guessing is similar to a magnet URI. The LBRY website explains, “For the same reasons that nobody can prevent a Bitcoin transaction from taking place, nobody can prevent a transaction (like a publication or a tip) from appearing on the LBRY blockchain.” And although LBRY aims to be censorship resistant, Odysee can still censor whatever they choose.