Quote from: NextTrade on October 05, 2016, 05:55:54 PM

Quote from: coins101 on October 05, 2016, 05:40:50 PM

Quote from: ik_do on October 05, 2016, 04:10:08 PM

Quote from: vtorrent on October 05, 2016, 03:00:04 AM

Dear all,

We are in the process of designing the way seeders should earn their token (transferable to VTR) from seeding, as torrent file seeding normally divided into pieces, in the beginning we will implement static piece size (most likely 512Kb pieces) and have user settable demand price per piece.

For example, 700mb file, if user pre-defined price at 0.5 VTR per piece

700*1024/512 = 1400 pieces

Then users would earn roughly around 700 VTR for 700mb file, AND only if he is the only user seeding this torrent at that given moment.

In real-life scenarios, users only earn from the pieces they contributed or seeded to the network, and seeders are earning from leachers not VTR network.

If anybody have any suggestions or ideas about how we should reward the seeders, please PM me or reply in thread.

Regards,

vTorrent

Sorry is this for tokens or for actual VTR?

If its for VTR and not tokens then the entire currency would currently only hold 10TB of data which is smaller than a drop in the ocean.

Or are users able to set a price (in which case 0.5mb/VTR would be extremely high).

No chance of an increase in prices? lol

Looks like some $ or BTC pricing mechanism is needed.

I think it is just an example, dev put out for us to understand calculation easily Grin

I guess it may have more been about the 512kb "blocks".

Is each "block" a separate transaction on the blockchain? Or how does it work?

I suppose we need to look at what the average filesize of a torrent is and what the current maximum/minimum is.

I'd say for minimum we're looking at 1MB (2 "blocks") and as a maximum probably 1TB (1,953,125 "blocks")

I don't think the minimum size would ever really change (i.e. for distribution of certain text files/PDF documents which are never going to go anywhere) whereas the maximum could conceivably increase over the next few years.