The Appcoin Revolution: Interview with Mike Vine of LBRY
The term “appcoin” refers to a cryptocurrency created to be a digital token paired with an application. Originally, appcoins were commonly associated with cryptoequity, but they have increasingly been designed to be essential to the use of new decentralized applications. CoinTelegraph had the opportunity to interview Mike Vine, Technology Evangelist for decentralized content distribution platform LBRY, on appcoins’ increasing use beyond cryptoequity. CoinTelegraph: What is an appcoin? Mike Vine: An appcoin is a cryptocurrency that is designed specifically to power a user application,....
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Giant online content platforms, such as Netflix and YouTube, currently dominate the content landscape, providing large quantities of easily accessible content for very cheap (or free plus advertisements). However, they remain centralized, meaning that a single entity has ultimate control over content and what compensation (if any) artists receive for their work. CoinTelegraph spoke with Mike Vine, Technology Evangelist for LBRY, about the prospects for a decentralized, blockchain-based, and creator-controlled approach to content dissemination to dismantle the current centralized norm.....
On US Independence Day, Blockchain startup LBRY released a beta app and a new accompanying cryptocurrency to help artists retain control over their work. LBRY is a decentralized content-sharing platform geared towards artists, filmmakers, writers, etc. who wish to retain full artistic, and financial, control over their work. This marks the first release of a functional app for the platform, in development for over a year. Mike Vine, LBRY’s technology evangelist, expects the new release to quickly gain adoption. "This is it! We've been building for over a year and now we're going live....
LBRY is a sharing platform that uses blockchain technology to enable users to publish material and get paid for doing so. People using LBRY’s service can monetize their published material with its built-in payment system. The concept melds together the great technical advantages of both Bitcoin and BitTorrent services for people looking to share content.....
You've heard about MaidSafe, Kim Dotcom's MegaNet, and maybe even IPFS. In this yet-to-launch race to “decentralize the web,” these early-stage players now have a new contender: LBRY. As web censorship problems continue, the effort to replace HTTP's client-server protocol with a superior peer-to-peer (P2P) content retrieval system is growing. What if a protocol had the monetary incentives of Bitcoin, the file sharing abilities of BitTorrent, and the storage logic of Storj? The developers of alpha-stage LBRY believe their protocol possesses just such traits. CoinTelegraph spoke to three of....
The Securities and Exchange Commission (SEC) has filed a complaint against the blockchain-based file-sharing and payment network called Lbry last week, as the U.S. regulator has accused the company Lbry Inc. of selling unregistered securities. However, the CEO of Lbry denies the project’s native tokens are securities and says the SEC’s logic will put a number of public blockchain projects at risk. US Regulator Accuses Lbry of Selling Unregistered Securities U.S. financial regulators have filed a complaint against another blockchain project as the SEC claims the company Lbry....