It’s Bitcoin Time for Federico Abad, Creator of Popcorn Time – the BitTorrent Killer App Challenging Netflix
Federico Abad, the creator of popular Netflix alternative Popcorn Time, is now a product designer at Xapo, the Bitcoin security company that the WSJ has billed as the “Fort Knox of Bitcoin.” Abad put Argentina back on the tech radar with Popcorn Time because he, in his own words, “made piracy user-friendly.” Xapo is one of the most well funded Bitcoin companies, with $40 million raised thus far and a $100 million plus valuation, and now Abad will be helping Xapo make Bitcoin user-friendly. Xapo CEO and founder Wences Cesares is also from Argentina. In a rare, recent interview with Osman....
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The recent news about the crackdown on Silk Road 2.0 are a reminder that, as long as Web services depend on central servers, they can be shut down by Big Government and Big Capital anytime. It's evident that we need decentralized, distributed services without central single point failures. Popcorn Time, the BitTorrent video streaming service, has taken a small step along the distributed way. Popcorn Time is an open source BitTorrent client that includes a media player. The program is intended as a free alternative to subscription-based video streaming services such as Netflix. Strictly....
A combination of BitTorrent and Lightning network can potentially offer stiff competition to Netflix and similar services. Luke Cage fans on Netflix had to go without their usual daily fix for a while last week, following a massive DDoS attack on the internet. While the DDoS attacks can be considered as acceptable risks for an internet based business, a combination of Bitcoin and BitTorrent presents itself as a huge threat to services like Netflix. Since Bitcoin gained popularity, it was considered as an ideal method for micropayments. The low transmission cost advantage which Bitcoin had....
On May 3, tokens stemming from the Chia network, a smart transaction blockchain created by the Bittorrent creator Bram Cohen, will start trading and transactions will be fully enabled. Rather than leveraging the proof-of-work consensus algorithm, Chia will utilize a model called proof-of-space which relies on storage. With Chia’s transactional launch pending, the project has sparked shortages over the demand for hard drives and solid-state drives (SSDs). Chia Network Fuels High-End Hard Drive and SSD Shortages Bram Cohen, the inventor of the popular torrenting application Bittorent....
Popcorn Time ransomware offers victims a chance to claim the decryption key for free, if they infect two more users. Ransomware has become the latest evil on the internet. The number of victims falling to ransomware attacks either due to negligence or lack of awareness about good internet usage practices has been on a rise since the past couple of years. Almost all ransomware attacks are accompanied by a demand for payment in Bitcoin. Due to the rising attacks, media outlets, cyber security firms and even law enforcement agencies have started advising internet users on safe internet usage....
Bitcoin – a decentralized, truly global currency. Netflix – a streaming platform that just went global. Do both stand to gain by coming together? One of the biggest stories of the 2016, so far, is Netflix’s global expansion that saw the streaming service reach a 130 new countries. The new rollout now sees Netflix beaming to a total of 190 countries, worldwide. It’s a significant move. Millennial pirates the world over, those who were too young or unemployed to pay at one time, may now see Netflix as a good package deal, with the company’s extensive library and its much acclaimed and....