Author Topic: WeTube DAC - decentralized media provider - the future YouTube  (Read 16872 times)

0 Members and 1 Guest are viewing this topic.

Offline liberman

  • Full Member
  • ***
  • Posts: 85
    • View Profile
I agree that there's a big opportunity for this, but the distributed storage required for this would be much greater than what's normally used for a cryptocurrency block chain. In addition to keeping track of the currency on a blockchain, you would have to store what could easily be terabytes of video. You could either accomplish this by increasing the amount of data that each node is expected to store, or by increasing the number of nodes on the network.

I agree that it would require terabytes of data to store everything, but if you read carefully, I clearly say that it will going to be P2P. Much like bittorrent but optimized for real-time playback. So actually only the users store the content. Servers are the interface only.
When a user press "add to favorite", then he becomes a seed. And while the user is watching a video, he acts also as a seed for the content he is actually viewing.
So there is no need for storing any video in any server, with one exception: when someone pays a fee, the media is cached in the servers, and the servers are the shareholders of the DAC, so they obtain revenue in exchange for the space and bandwidth.

Offline phoenix

  • Sr. Member
  • ****
  • Posts: 275
    • View Profile
I agree that there's a big opportunity for this, but the distributed storage required for this would be much greater than what's normally used for a cryptocurrency block chain. In addition to keeping track of the currency on a blockchain, you would have to store what could easily be terabytes of video. You could either accomplish this by increasing the amount of data that each node is expected to store, or by increasing the number of nodes on the network.
Protoshares: Pg5EhSZEXHFjdFUzpxJbm91UtA54iUuDvt
Bitmessage: BM-NBrGi2V3BZ8REnJM7FPxUjjkQp7V5D28

Offline liberman

  • Full Member
  • ***
  • Posts: 85
    • View Profile
UPDATE

We are separating Wetube from Bitcloud, which is the protocol.

The protocol is here:

https://github.com/wetube/bitcloud/blob/master/bitcloud.org#introduction

Our forum is here:

http://talk.bitcloudproject.org/


Another great idea.
Imagine a decentralized site which holds media content uploaded by users, and serves video in real time to other users. Pretty much like a decentralized YouTube.

Ideas:

  • Engine based on BitTorrent, slightly modified so order of media parts is important. First parts of the media are served first.
  • Transparency of video downloads. The user doesn't have to do nothing, and use the site like he uses youtube.
  • A user can select how much he/she want to share for every video or part of video he downloaded. Ussually it should be 1:1 and infinity for the videos he added to favorite. He stops to share when he abandon the page or turn off the program, or after a predefined time chosen.
  • Optimized cache for users: view one time and see many times without having to download it again. Favored videos are stored permanently, while others are automatically deleted when the cache is full. User can choose how much cache does he/she wants.
  • Video uploaders retain their content permanently or until many users hold the video in their cache.
  • Interface similar to youtube. A javascript version for browsers, but also an application with more advanced features.
  • The main servers of the interface are the shareholders of the DAC, and the more you contribute, the more shares you obtain.
  • Integration with AdWords DAC, so revenew obtained from ads are returned in the form of dividends to the shareholders.
  • Integration with Keyhotee IDs.
  • Decentralized search engine based on Gnutella, adapted to serve faster (using cache on servers), reputations, views, related, categories, etc.
  • Pay per priority: your video can get in the front page and give extra bandwidth by servers if you pay a fee..

These are only some of the ideas. We could start to program immediately after the first alpha of bitshares is released, and meanwhile put the ideas on paper. The opportunities are big!
« Last Edit: January 23, 2014, 01:54:00 pm by liberman »