Quote from: RVienz on July 09, 2014, 10:45:20 AM

what ?? Decentralized Youtube ?? it will be awesome cuz will hosted all people not only datacenter

Exactly!

Quote from: BitCoinDream on July 09, 2014, 11:21:16 AM

Quote from: Bit451 on July 08, 2014, 06:54:47 PM

The conversation is progressing nicely, especially at /r/Bitcoin. Multiple improvements have been suggested already. Please join us and add your thoughts!

Well... I'm not much into reddit. So giving my thoughts here. If u think it is substantial, please discuss...

In Bitcoin blockchain, we have to deal with very little data per block. But, to have a media file blockchain, we might face a network traffic problem. Plus, we need to consider the incentive for a miner, or r u planning about a new coin to support this ?

Thanks for your question. There is no blockchain. The Bit451 Database uses a light, embedded distributed database, modified for P2P use. Bit451 can be thought of as a P2P file sharing overlay network. The originally planned network to overlay is BitTorrent, but it has evolved to have crossover capabilities to bridge multiple different P2P/cloud file sharing protocols like Storj, Freenet, MaidSafe, etc. Bit451 will provide the ability to create user profile/accounts/channels, index media content across said protocols, favorites/ratings/subscriptions/playlists, etc.

Does that answer your question?