this post was submitted on 11 Jul 2024
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Privacy
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This seems like one of the few problems where crypto might actually be useful. It would allow people to automatically and anonymously pay both the creator and the host of that video. Maybe make it a federated system and every host gets paid based on how many Bytes they send. The creator gets a share of that money and the whole system uses something like Monero or whatever. Not sure what the costs of that would be, but I assume its not too outrageous. If it was, YouTube wouldn't be able to exist.
Isn't that what LBRY is trying to do?
Basically, but I'm not sure how well it'll work longterm due to the website not really contributing anything to the system afaik. Though I have to admit I haven't looked that far into it, just posting my notreallyeducated guess. https://lbry.com/faq/host-content
Youtube has a Google Search to back the 15 years of constant losses by Youtube.
That's true, you'd definitely have to charge more than what YouTube makes with ads. But I don't think Google would keep YouTube alive if it generated only like, 10% of the money it costs them to operate.
Edit: That's why I said "it's probably not too outrageous", I know that YouTube probably operates at a loss, but I don't think the cost is so great that noone would pay to fund a service like that. Though I'm obviously just guessing, I might be totally wrong
Google is a whole package. They can earn money with youtube by serving ads on Google search that are fueled by your Youtube data.
People are working on this for general decentralized storage, some of them have existed and been functional for 5+ years, I'm not familiar with all the names but there's jstor (jstore?), filecoin, etc. When you have a system where you need to manage a database (and everybody's copy of the database is the same) but you need to do it in a decentralized, P2P way, blockchain is really the only solution. A system which records who is hosting what and allows people to buy & sell storage is exactly this: a database with some buy/sell frontend.