Theory: decentralized protocols are preceded by informal human networks doing same work Pre-Napster, websites linked to free mp3s hosted by others, updating links when those hosts were taken down.
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There's already some good work done by Blockstream on paying for packets of data with Bitcoin payment channels. Why do you immediately jump to the assumption that some distinct stand alone token is required?
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Honest question before I answer: did you read the blog post?
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Read it after. Question still stands.
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If you buy the "fat protocol" argument then you might view tokens as an incentive to build a system like this. Why would I spend years building this with BTC? Tokens also make it easier to experiment early on at low cost + fork your own system if you screw up
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I also question whether it is actually simpler to build this with BTC. You could get most benefits I talk about in the article even if you couldn't cash out the token. I'm curious your take on the flip side of the question. Why use BTC instead of a token?
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How much work would it take to implement just that?
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A lot of work. It’s a several year business, easily.
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It's actually 3.3% of the worlds Bandwidth currently, but I'm sure
#TRON will soon increase that significantly.
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Bitorrent works because it's free. Most people won't pay for something illegal. Doing that on a public chain is stupid. Silk road is a proof of that
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I've always thought that ratio enforcement wasn't necessary - bittorrent's tit-for-tat is very effective, and torrents only tend to have trouble when *all* seeders go offline. I think the claim that it would be "ten times better" with tokens needs some evidence.
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Please, don't TOKENIZE everything. We need the "gift economy" spirit of p2p networks
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