Read_778 - Durabit, Incentivizing Torrent Seeders
"A recent anonymous proposal specifies a system using timelocked Bitcoin transactions and chaumian ecash mints to create an economic incentive for BitTorrent users to seed files."
Bittorrent was one of the most important protocols in the world during its day, but it always had one striking drawback, for any content that wasn't very popular, availability was always a problem. Even more so today as the network has found itself a smaller and more fringe part of internet culture. What if there was a way to incentivize seeders to return? To bring the P2P protocol back into its element?
An anonymous proposal called Durabit, seeks to marry bitcoin, ecash, and bittorrent, to potentially breathe new life into the old P2P system. Listen to today's episode to learn more.
Check out the original article at DURABIT: INCENTIVIZING TORRENT SEEDING WITH BITCOIN (Link: https://tinyurl.com/5drhn83u)
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References in the show
Simon Morris "Lessons of Bittorrent Series" Bitcoin Audible - CryptoQuikRead_219 - Why BitTorrent Mattered: Lesson 1 [Simon Morris] (Link: https://tinyurl.com/4rmwf2k8) Bitcoin Audible - CryptoQuikRead_220 - Not Breaking Rules? You're Doing it Wrong: BitTorrent Lesson 2 [Simon Morris] (Link: https://tinyurl.com/f473b72n) Bitcoin Audible - CryptoQuikRead_221 - Intent, Complexity, & Governance Paradox: BitTorrent Lesson 3 [Simon Morris] (Link: https://tinyurl.com/2fesdh4v)Bitcoin Audible - CryptoQuikRead_222 - Decentralized Disruption, Who Dares Wins: BitTorrent Lesson 4 [Simon Morris] (Link: https://tinyurl.com/bdht8mz6)
The Audiobook for Broken Money is now available! Check it out below Broken Money: Why Our Financial System is Failing Us and How We Can Make it Better by Lyn Alden (Link: https://a.co/d/a3dT5jr)
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