Good question! In our proposal, in the first phase we plan to combine peer-to-peer and CDN to accelerate video delivery. Viewer can pull stream from either peers or CDN edge servers depending on which one has better quality. Hence more peering nodes will always lead to higher quality.
Yes blockchain plays the central role in our architecture -- the peering caching nodes acts similar to miners in Bitcoin/Ethereum. However, the block reward is not a constant. It depends on how much video relay work the caching node conducted. If a caching node relayed more video streams, when it mines a new block, it will get higher reward. This encourages the caching nodes to perform useful works (relaying video) besides mining new blocks.
For more details, please see our whitepaper and tech overview slides:
Whitepaper:
https://s3.us-east-2.amazonaws.com/assets.thetatoken.org/Theta-white-paper-latest.pdfTech overview:
https://s3.us-east-2.amazonaws.com/assets.thetatoken.org/Theta-tech-overview-latest.pdfgood afternoon, and how does the "theta" want to work on it? how can the peer-to-peer process help deliver high-quality video? Do you intend to use the blockchain in any way on the project? If so, how?