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The advantage with decentralized services is that they scale and distribute costs. If you want to compete with YouTube in the traditional way, better have a CD
by zrm 5y ago
The advantage with decentralized services is that they scale and distribute costs.
If you want to compete with YouTube in the traditional way, better have a CDN, and if it becomes popular even though you're not taking in any revenue, the bandwidth bill is getting paid with VC money or you're going out of business.
If you can more easily build it on top of something like BitTorrent, you don't need the VC money as much. Now what you need is a payment system so your creators can get paid.
The more of these pieces get built and work decentralized, the less capital it takes to compete without relying on or yourself being a centralized service.