Author Topic: Content viewing DAC  (Read 789 times)

0 Members and 1 Guest are viewing this topic.

Offline MrJeans

  • Hero Member
  • *****
  • Posts: 599
    • View Profile
  • BitShares: mrjeans
Content viewing DAC
« on: March 22, 2014, 10:18:36 pm »
I recently read an article about some software developed by a Harvard undergrad to change the way content is paid for and have been thinking about how it can be applied to a DAC.

The issue around content on the internet is that it should be freely accessible (pay walls deter people and slow access). But we still need to pay and incentivize content producers. 

So we use adverts. The advertisers pay the content providers for eyeballs. Content providers make money and viewers pay through viewing adverts (cheap and easy).

The problem is the viewers themselves become the product that the content providers are selling to the advertisers. This is a system that allows for a diluted focus on user experience and content quality (as content providers need to satisfy advertisers too by providing info about users, targeting specific eyeballs etc.).

So I've got two half ideas on how to change this model.

1)

How about a DAC that allows users to pay for content by giving the content provider a bit of their computer's computational power or hash power.

So the users will need to be running the software client.

The user will go to a website to look for some content put up by the content provider.

The client will recognize a marker present in the website of the content provider. The marker provides the user's client with the content provider's public keys for making payments to.

The client will somehow select a profitable alt-coin or dac to contribute hashing power to. The user's computer will start contributing computational power to mining virtual currencies/shares. The fruits of this computational power will be sent to the content provider.

(but we need to make it a profitable venture so some of the fruits can be converted to shares in the content-viewing, DAC via a distributed exchange and then those shares are destroyed so as to pay dividends to shareholders of content-viewing, DAC  8))


2)

The content is accessed through the client and not through a web browser.

Content is hosted in a distributed manner (off the block-chain).

The content is downloaded and uploaded via a torrent network.

Viewers would browse content using the client (when clicking on a new page the client will find the torrent for that page and download it for the viewer).

Viewers must always be in 'mining' mode and contributing hash power to view content.

The viewers will be mining content-viewing, DAC shares.

Content-viewing, DAC shares mined over the period of time the viewer is viewing a  piece of content is given to the person who originally provided that content.

A portion of the Content-viewing, DAC shares can also go to the people who are hosting torrents for that specific piece of content.

If you want to view content without contributing hash power you can have your content automatically paid for using content-viewing, DAC shares you have stored on the client.

One content-viewing,DAC share will always be worth X amount of content viewing time at a Y hash-rate. (I have gone for viewing time instead of amount of content downloaded because the latter will just incentivize uploading more bulky content).

There will be a market for content-viewing, DAC shares because there will be value in being able to view content without having to give hash power.


Hope these ideas are food for throught :)

Offline luckybit

  • Hero Member
  • *****
  • Posts: 2921
    • View Profile
  • BitShares: Luckybit
Re: Content viewing DAC
« Reply #1 on: March 23, 2014, 05:14:48 am »
I recently read an article about some software developed by a Harvard undergrad to change the way content is paid for and have been thinking about how it can be applied to a DAC.

The issue around content on the internet is that it should be freely accessible (pay walls deter people and slow access). But we still need to pay and incentivize content producers. 

So we use adverts. The advertisers pay the content providers for eyeballs. Content providers make money and viewers pay through viewing adverts (cheap and easy).

The problem is the viewers themselves become the product that the content providers are selling to the advertisers. This is a system that allows for a diluted focus on user experience and content quality (as content providers need to satisfy advertisers too by providing info about users, targeting specific eyeballs etc.).

So I've got two half ideas on how to change this model.

1)

How about a DAC that allows users to pay for content by giving the content provider a bit of their computer's computational power or hash power.

So the users will need to be running the software client.

The user will go to a website to look for some content put up by the content provider.

The client will recognize a marker present in the website of the content provider. The marker provides the user's client with the content provider's public keys for making payments to.

The client will somehow select a profitable alt-coin or dac to contribute hashing power to. The user's computer will start contributing computational power to mining virtual currencies/shares. The fruits of this computational power will be sent to the content provider.

(but we need to make it a profitable venture so some of the fruits can be converted to shares in the content-viewing, DAC via a distributed exchange and then those shares are destroyed so as to pay dividends to shareholders of content-viewing, DAC  8))


2)

The content is accessed through the client and not through a web browser.

Content is hosted in a distributed manner (off the block-chain).

The content is downloaded and uploaded via a torrent network.

Viewers would browse content using the client (when clicking on a new page the client will find the torrent for that page and download it for the viewer).

Viewers must always be in 'mining' mode and contributing hash power to view content.

The viewers will be mining content-viewing, DAC shares.

Content-viewing, DAC shares mined over the period of time the viewer is viewing a  piece of content is given to the person who originally provided that content.

A portion of the Content-viewing, DAC shares can also go to the people who are hosting torrents for that specific piece of content.

If you want to view content without contributing hash power you can have your content automatically paid for using content-viewing, DAC shares you have stored on the client.

One content-viewing,DAC share will always be worth X amount of content viewing time at a Y hash-rate. (I have gone for viewing time instead of amount of content downloaded because the latter will just incentivize uploading more bulky content).

There will be a market for content-viewing, DAC shares because there will be value in being able to view content without having to give hash power.


Hope these ideas are food for throught :)

Micropayments work fine for this. Why does it need a DAC when any coin could do this already?
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline MrJeans

  • Hero Member
  • *****
  • Posts: 599
    • View Profile
  • BitShares: mrjeans
Re: Content viewing DAC
« Reply #2 on: March 23, 2014, 11:43:23 am »
So you would want to automate the process.
And people dont want to feel that they are making payments for content.
So contributing computational power may be better.

The second suggestion would use any coin.
You wouldnt want to need a specific coin for specific content. This should be a seamless behind the scenes process.

I can see how this can be done without a DAC but am trying to see how it can be done with a DAC.

I envision an internet where people would browse and look for content and their computer would just be making a little bit more noise and they would not have to look at any adverts.
« Last Edit: March 23, 2014, 11:58:05 am by MrJeans »