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RE: LBRY: Steemits sister? Learn more about the decentralized video platform and get early access!

in #steemit7 years ago

I don't think that paying for content will do the work here. Also it's kinda problematic to store that amount of data. It won't work in my opinion.

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You might be right. My understanding of blockhain tech is still pretty low. Still I think any movement away from paying advertisers to paying content creators is a good one.

Idea to pay content createros is good.
But idea that you put and store any kind of data on blokchain is ridiculous.

Bitcoin has 1MB block size. You get new block every 10min. Most of the time this blocks weren't full. And now, after 8 years, we have 140GB of data. Now imagine you have no limit of block and u create block like every 1min and it's full of video.