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Muse/SoundDAC / Re: Bitcoin for Rockstars
« on: December 11, 2014, 02:07:56 am »If so it was certainly posted by cob: https://bitsharestalk.org/index.php?action=profile;area=showposts;u=2216for me ... you just described the goals of MUSIC ...
AFAIK there are doing EXACTLY that! ..
maybe there will not be a reputation system in the beginning .. but the other things are what I expect MUSIC to solve ..
It would seem like it from the way Eddie mentions integrating with big players in the music industry. Has this been confirmed anywhere or any more specifics released?QuoteA DB on the blockchain to track information about all the contributors to a particular song as well as rights management seems a lot deeper than what PeerTracks has been advertising (artistcoins, automated payments, etc.)The artists could issue bibercoinContrib and send these assets out to those .. not sure what you want to achieve with it ..
Apparently it isn't easy to figure out all of the behind the scenes contributors (who did the drums on "Dark Horse", is an example of this from the article) to a particular piece of music. The databases that currently exist for storing such information are fragmented and some require you to pay to use them. If the Music blockchain could somehow store such information with a reasonable amount of validity (i.e. based on a reputation system, or maybe an address controlled by a known artist can modify / add new entries for their songs) then it could potentially be a solution for that problem. The challenge comes down to, how can you maintain such a dataset in a decentralized manner? If anyone with an account can contribute to such a dataset, how do you sift the junk out? Reputation could be a factor, combined with maybe a larger fee than the network fee in order to deter would be spammers.