Decentralized Video Streaming
Decentralized video streaming refers to the process of distributing video content without relying on a centralized server or platform. This is made possible through the use of decentralized technologies such as blockchain and peer-to-peer (P2P) networks.
Unlike traditional video streaming platforms like YouTube and Netflix, decentralized video streaming platforms do not have a single point of failure, meaning that if one node fails, the network can continue to function. This also means that there is no need for a middleman to facilitate transactions or manage content, allowing for greater autonomy and control for content creators and users.
One example of a decentralized video streaming platform is LBRY, which uses blockchain technology to allow content creators to publish and monetize their content without the need for a middleman. Users can also earn cryptocurrency by contributing to the network through seeding and sharing content.
Decentralized video streaming has the potential to disrupt the traditional video streaming industry by providing a more secure, transparent, and decentralized alternative.
For more information on decentralized video streaming, check out this article from CoinDesk.