Wednesday, June 17, 2015

JoyStream Combines P2P File Sharing and Bitcoin

The video above shows a proof of concept demonstration of the soon to be released JoyStream BitTorrent client, a interesting approach for combining P2P file sharing using Torrent files with Bitcoin payments for both people sharing files and people downloading files. And while it all seems promising, the concept still needs to be be packaged in a complete ecosystem where the needed content will be provided and paid for by users needing it. So far it all seems like a good and apparently working implementation on the software side for the actual P2P file sharing and Bitcoin integration in the process. Still the project is worth keeping an eye on as it soon promises to have an alpha release to be tested on the BitCoin testnet and you can sing up for an early access if you are interested.

Visit the official website of the JoyStream project for additional information about the concept…

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