This is one of the dumbest articles I've read in a long time.<p>> Content creators could create shows and make them available over a decentralized platform instantly – no need to go pitch a studio or try to get Netflix to put you on their system. No more gatekeepers that have to approve your content.<p>When you go to a network, or Amazon, or Netflix, part of what you get is distribution. But that's not what you go to them for. You go to them for <i>MONEY</i>, since producing high-end media content is <i>expensive</i>. And in exchange for their money, you agree to only distribute that content on their network.<p>But without the money to produce the content, the rest is meaningless.
There's no how there. Just a bunch of hand-wavy stuff. They talk about the freedom of content providers to go around Netflix and Amazon, but in a lot of cases those companies provide money to content creators to produce the shows, not just distribution to customers. They make it sound as though you can crowd source production costs after the fact using tokens. Good luck with that.<p>Reminds me of the old Slashdot meme:
1) Blockchain
2) ???
3) Profit!
How clickbait could kill both discourse and logic.<p>It seems like people randomly generate an article title from buzzword soup, write it up and call it a day.<p>What a time to be alive.
Did they just invent BitTorrent?<p>It doesn't have blockchain to be precise, which won't hurt IMO because discovery becomes more problematic with time. But the rest of stuff is here.
Why would I run a node on something like this? What's the incentive?<p>It breaks down 4 benefits:<p>Free up content creators. Sure, or they could, you know, throw it up on youtube, twitch, vimeo, or any other centralized app.<p>New channels. This is just shit writing. This is 90% the same thing as bullet 1.<p>Advertising and Free Content. Again, see all the other centralized apps. Also, there would 100% need to be a middle man. Thats what a decentralized block chain is. Hosting a blockchain has costs. Especially something as space consuming as video hosting.<p>Paid Content. Still a problem already solved by not being on a decentralized application. I can't wrap my head around why someone wouldn't just host their own content if they have anywhere near enough money to produce content good enough to charge for.
Napster, plus a way to monetize the content? That's how I read the beginner doc on the LivePeer site this article links to.<p>"Livepeer’s peer-to-peer network lets you stream what you want, when you want, without a single point of failure or censorship."<p>Yeah, that's just plain ol' P2P. Blockchain is distributing a public list of transactions via P2P. Livepeer is using a blockchain to record streaming transactions, and pay the node responsible for streaming.
I took time to write a well-researched response to this. <a href="https://medium.com/@fzero/blockchain-blockchain-6c5d60923050" rel="nofollow">https://medium.com/@fzero/blockchain-blockchain-6c5d60923050</a>