Can BitTorrent and Lightning Give Netflix a Run for Its Money?
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....
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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....
Today, major banks are touting their mobile banking apps as the next best thing. But are these “innovations” or just renovations on the proverbial deck of the Titanic? And similar to how BitTorrent impacted the entertainment industry, would incumbent banks have remained complacent without a prod from Bitcoin? The BitTorrent Effect. BitTorrent is to....
Netflix, the world-famous streaming platform has put a ban on crypto-related advertisements and commercials. These ads shall not be allowed on the ad-supported subscription tier. This is planned on being launched in the month of November, which is quite early to the scheduled date. According to other local sources, it was reported that Netflix has […]
Traders who bought BitTorrent at its top, believing that the Justin Sun-backed token would keep on pumping, are now facing huge intraday losses. The BTT/USD exchange rate crashed by more than 40 percent after setting up a record high of $0.0134, questioning catalysts that prompted BitTorrent’s explosive upside move in the first place. Earlier, NewsBTC […]
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....