Quote from: LoyceV on September 05, 2016, 05:26:31 PM

Quote from: Slark on September 05, 2016, 12:55:16 PM

"We will not know our users, we will not know the contents of the files, will won't have upload IP address for any files uploaded to the servers so it will be the most private cloud system ever invented."

This only raises more questions: How do you upload without the server knowing your IP address? If they don't know who uploaded what, and they also don't know what files they have, how can they ever delete anything? Will they only keep adding without ever cleaning up? And if they do delete old files (without knowing what's in it, and without knowing who uploaded it), you can't trust them as a cloud service to keep your files.

Currently I have a free 1 TB cloud service at my disposal, and I never use it simply because uploading is too slow. Most home users will have this limitation. Downloading is much faster.

Quote

"And on top of that we will have solution called Bitcache where every file transfer is linked to micro bitcoin transaction. We utilizing the blockchain, we utilizing this new digital currency and linking it to every file transfer."

Blockchain can only handle 7 files per second, and most blocks are full already. I assume these micro transactions won't be on the blockchain, and yet, he says it's on the Blockchain.

Quote from: gentlemand on September 05, 2016, 05:54:31 PM

Quote from: LoyceV on September 05, 2016, 05:26:31 PM

Currently I have a free 1 TB cloud service at my disposal, and I never use it simply because uploading is too slow. Most home users will have this limitation. Downloading is much faster.

Then those who do upload are going to make some serious BTC in referrals. Which would inspire others to sit around in upload tedium in the hope of making money too.

As there are already lightning networks being played with, I assume this is similar in principle. But perhaps there is something super new. Regardless I don't really know how they'll get all these users on and off their side chain with the proper chain as it is.

first bitcache is off chain and centralized.
Here are some of my questions.
i do not know how they want to make the no ip thing work. they need to know at least the nick and its connections, or else how will the referral thing work? how do i get paid?
also how they are avoiding that i just spam endlessly? and many more.