http://i.imgur.com/ddfSmyj.pnghttp://i.imgur.com/C2nUI5y.pngHe has learned a lot from his MegaUpload and Mega.nz cloud solutions. Specifically Mega.nz gave him a chance to explore end-to-end encrypted solution and he obviously wants to take this to another level with MU2.
And when he says 'perfectly legal' masterpiece, I tend to think more than just a cloud storage for pirated content. A direct-selling market place for artists and content creators, perhaps?
And you just believe him, because he said it is perfectly legal masterpiece? maybe i missed something, but where is his proof? all i heard so far is that he is planing a centralized service to solve the transactions problem. he lies if he can profit from it, like he did before.
By perfectly legal he probably means that all files will be encrypted in some way that servers won't have direct access to files and ability to verify what exactly is uploaded.
I am speculating right now but I imagine this Bitcache will be evolved version of Kim's current project Mega.co.nz uses encryption for client-side communication.
This way even if people would upload illegal, copyrighted materials it wouldn't be possible to blame the service for it.
By encrypting it and not allowing some servers to directly access it does not makes it legal.
I think what he meant instead is that his server's security could be so tight that the authorities could not get enough evidence to accuse him of any illegal activity.
