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The Pirate Bay Token
- LeoPanthera 5y agoIf they actually cared about such apparently altruistic things as donations to "uploaders" and "moderators" then they would simply allow donations with existing cryptocurrencies. Like they already do. No-one creates a new coin or token unless they're planning on cashing out.
- capableweb 5y ago> No-one creates a new coin or token unless they're planning on cashing out. You're right, Bitcoin, Ethereum, Algorand and others were just created so the authors could take the cash and run. Or, people have some ambition beyond money? I guess we'll never know since everyone keeps running away with the money.
- krono 5y ago> No-one creates a new coin or token unless they're planning on cashing out. Not dissimilar to fishing for VC without advertising what you really intend to use the money for, but at scale, and done in such a way that there's something in it for everyone clever enough to see what's really going on.
- th0ma5 5y agoPresumably not specifically an NFT? Sounds good.
- andy_ppp 5y agoObviously the pirate bay is blocked in my jurisdiction, I tried a proxy but it did not give me a pass through to this content. How do I read the article?
- folli 5y agoIt's the following text: ------------------------- What is this? Much wow? The ultimate rugpull? It's a soft launch to a new thing we want to try and we have many ideas - Donate to uploaders - Donate to moderators - Direct video streaming through partners - VIP content - Member logins based on BSC address - File hosting through partners Much Ideas. Much Wow. So Great. It will take time but we'll get there hopefully. In the meanwhile we'll lock more and more liquidity tpbtoken@protonmail.com 0xfed320e18caf45f53fb64301b16ab60c3bc8c42a ------------
- jgilias 5y agoHehe. We've come the full circle. Now there's a token to pay for pirated VIP content. Oh the irony!
- KnobbleMcKnees 5y agoIf I'd read this myself on there I would have assumed they've been hacked, or otherwise taken over my some malicious entity.
- andy_ppp 5y agoCome on, people should get paid for the work they do right :-/
- rfd4sgmk8u 5y agoFor folks that are living under Internet censorship regimes, would you be able to bypass these blocks by changing DNS servers? The idea being that you can have a local :53 resolver on your network, and resolves these names over an encrypted channel to cloudflare or other DoH (DNS Over HTTPS) encrypted DNS provider. This will prevent the internet provider from messing with your unencrypted DNS traffic. Some options here: https://developers.cloudflare.com/1.1.1.1/encrypted-dns/dns-over-https/dns-over-https-client https://developers.cloudflare.com/1.1.1.1/encrypted-dns/dns-...
- jleahy 5y agoNo, the blocks are at the IP level.
- capableweb 5y ago> For folks that are living under Internet censorship regimes Well, TPB is blocked in plenty of western countries that wouldn't normally be counted as "internet censorship regimes". Would be much more accurate to say "Living under the extended umbrella of MPAA and US influence". The block exists in many European countries for example.
- rfd4sgmk8u 5y agoNo, don't downplay it. Internet censorship is internet censorship. It is unacceptable. You are being told what you are not allowed to see. The pirate bay has absolutely no material that infringes any copyright holder -- it hosts magnet links and comments. Infohash's identify content in a torrent and permit resolution of the files via trackers and DHT. If someone chooses to use these magnet links to resolve and download bytes of copyright material, that's on them. TPB is an archive of hashes. 'Western countries' that prevent their citizens from viewing hashes is pre-crime enforcement. Do not accept this.
- betterunix2 5y agoWhat exactly is the difference? Censorship for the purpose of protecting business interests is still censorship by any reasonable and honest definition. Even moreso considering the history of copyright law and its relationship with censorship regimes...
- satellite2 5y agoTor?
- xerox13ster 5y agoWill this end up correlating in movement with BTT, the BitTorrent token?
- evv 5y agoI wouldn't touch BTT. BitTorrent is owned by some private company now. The creator of BitTorrent has gone on to invent a new type of cryptocurrency (proof of space+time)
- iszomer 5y agoChia iirc, closely related to Filecoin. I remember stories of how Chia was somehow attributed to why HDD prices skyrocketed or something.
- rfd4sgmk8u 5y agoHmmm.... lets have a look at the tokenomics: This token exists on Binance Smart Chain, a code fork of Ethereum that uses a Proof Of Stake system run by Binance, one of the largest exchanges in the cryptocurrency industry. It implements the same EVM (Ethereum Virtual Machine) as Ethereum, and uses BNB (Binance Token) for its gas coin. We can look and interact with chain, address and contract state with bscscan, analogous to etherscan for Ethereum. https://www.bscscan.com/token/0xfed320e18caf45f53fb64301b16ab60c3bc8c42a https://www.bscscan.com/token/0xfed320e18caf45f53fb64301b16a... 100M tokens, mostly held by 0x1c8e38a96292134bd38752376fa8f1a5d1edd443 17417 'PirateToken' + 91.17 BNB ($38,400 USD) in PancakeSwap, an AMM (Automated Market Maker). [Approx $2.20 USD / PirateToken] 'Market Cap' of $220M USD.
- vmception 5y agoWhere is the link saying that is even their token? Anyone can launch one
- rvz 5y ago> This token exists on Binance Smart Chain, a code fork of Ethereum that uses a Proof Of Stake system run by Binance... You know, it not really difficult to create your own token on any of these chains? Just go here: [0], look at the menu, click "Create Token", tweak all the fields and hit the blue "Create Token" button and you can see how easy these scammers can mint millions of tokens and list it on PancakeSwap and exit scam, rug-pull anyone. So there you have it. This 'PirateToken' is no different. [0] https://cointool.app/dashboard https://cointool.app/dashboard
- TekMol 5y agoI like this approach of creating a token to play with and see what comes out of it. How easy or hard is it to do something like this? What would be the legal implications in Europe if you do this?
- capableweb 5y ago> What would be the legal implications in Europe if you do this? Obviously, this being from The Pirate Bay, legal implications are of no interest but rather focusing on the ethical/moral implications.
- rfd4sgmk8u 5y agoActually making the token, Difficulty level: trivial to easy depending on route taken. I would suggest looking at: https://docs.openzeppelin.com/contracts/4.x/erc20 https://docs.openzeppelin.com/contracts/4.x/erc20 https://docs.polygon.technology/docs/develop/getting-started https://docs.polygon.technology/docs/develop/getting-started https://docs.binance.org/smart-chain/developer/issue-BEP20.html https://docs.binance.org/smart-chain/developer/issue-BEP20.h...
- matheusmoreira 5y agoIt can be done in minutes. There's open source solidity code out there that's widely used by everyone. You do have to pay a fee in order to actually add your token's smart contract to the blockchain though.
- duxup 5y agoI’m supposed to use this to pay people for providing me with access to someone else’s content?
- capableweb 5y agoThe idea behind The Pirate Bay is that information should be free for everyone. So unlikely they will put up a pay-wall to access any content. But, maybe they'll implement tipping for uploaders/moderators or something like that, which fits better their goal.
- RL_Quine 5y agoThe linked page literally says they will have pay per content.
- capableweb 5y agoHere is a copy of what the page says: https://news.ycombinator.com/item?id=29855344 https://news.ycombinator.com/item?id=29855344 Are you referring to the "VIP content" part? It's also just a list of ideas, not "This is what will happen", which you comment makes it seem like.
- __MatrixMan__ 5y agoBest would be to pay the artist, but if I have to choose between funding piracy and funding DRM innovations, I'll choose piracy every time.
- ttybird2 5y agoTPB is really shady nowadays. They removed the comments from the torrents and silently deleted the database exports of the torrents that they used to share.
- arminiusreturns 5y agoFavorites these days?
- hokumguru 5y agoGet into a good private tracker. All of the public ones kinda suck
- austhrow743 5y agoI think this depends nowadays. For mainstream movies and shows at quality that would be equivalent to watching on streaming services, public is fine.
- navanchauhan 5y agorarbg or 1337x if you don't want to join any private trackers. Obviously, for downloading Linux ISOs
- VHRanger 5y agohttps://en.wikipedia.org/wiki/Comparison_of_BitTorrent_sites https://en.wikipedia.org/wiki/Comparison_of_BitTorrent_sites
- austhrow743 5y agoI’ve found 1337x.gd to consistently have more content and seeders than rarbg.to if you want to go with a public tracker. Still worth checking rarbg if what you want isn’t there though. If you like to watch things as they air, make sure you go to the main sites I’ve wrote rather than the mirrors that show up in google. They take a while to update.
- Breazy 5y ago
- wedn3sday 5y agoEveryone wants a taste of that sweet sweet snake oil.
- pictur 5y agois this site still alive? It's a shame someone still gives credit to these shitholes.
- crate_barre 5y ago3D porn game ads are all the rage now days I see.
- senectus1 5y agoI don't get any... whats you're browser history again?
- betterunix2 5y agoIt's funny, many years ago when Bitcoin was relatively new I and a number of others pointed out that there is no particular reason why it should have any value, since there is zero barrier to creating your own cryptocurrency and therefore supply was effectively unlimited (and thus prices should decline long-term). Various unsatisfactory answers were given at the time, and since then the USD price of Bitcoin actually increased very significantly. Yet every time I see something like this, I immediately think back to that argument -- these alternative "tokens" or "coins" or whatever people call them are simple to create and seem to require minimal promotion to start attracting buyers. I wonder if we will eventually see this space become so crowded that those early objections wind up playing out...
- brightball 5y agoAgree completely. Bitcoin has the brand, Ethereum has the community to make it the real long term solution. Everything else is noise IMO.
- austhrow743 5y agoThis seems more like a disagree completely.
- brightball 5y agoI agree completely with the "coin a day will remove the scarcity that creates value in cryptocurrency" but as the OP says, Bitcoin has gone up despite that. It's only because Bitcoin has the brand. There could be 1,000 competitors but the money will go where the brand name is because that's where everybody else is putting their money. The only coin with any chance of unseating Bitcoin is Ethereum once the Eth2 conversion is done (increasing the speed and reducing the cost) simply because there's been so much community buy in and ecosystem around it that it will become the defacto network for everything.
- rfd4sgmk8u 5y agoIt is all human psychology plays, even Bitcoin, but where Bitcoin is different, and the answer the the parents question is: Yes, there is zero barrier to creating a new cryptocurrency. Thus, we must look at the effort, or energy that is going into a /cryptoasset/ to determine its subjective value. This token was created in a smart contract and will live forever in the Nodes run by a large cryptocurrency exchange. It cost $16.77 in BNB at the date it was published, now $10.74. Bitcoin will continue to spend what is now Billions of dollars on energy to secure the blockchain for /at least/ the next 100 years. The only thing securing this token is the goodwill of the nodes that run BSC and the RPC operators that interact with the wallets. Ethereum is expensive and you shouldn't use it, but that aside, looks like mining the blocks is going down an insane path, with multiple AV vendors shipping ethereum miners in their clients. What a strange time. I do however like the idea of 100s of millions of home PCs mining and distributing the mining revenue, rather than consolidation in large corporate mining operations. Concentration of specialist miners would however be more efficient. Other EVM chains, all Proof of Stake, with various levels of security exist. The tokens that live on these are just as much at risk of the same kinds of things that could impact BSC.
- emerged 5y agoAt some point can we consider these links to be spam? The majority of HN consider these things to be grifts yet they continue to advertised all day on this forum vs any other sort of obvious scam on the internet. Or should we also allow posts of phishing sites and other ways of roping people into scams and schemes?
- mdotk 5y agoOld: https://chainbulletin.com/pirate-bay-quietly-launched-a-digital-token-is-it-a-scam/ https://chainbulletin.com/pirate-bay-quietly-launched-a-digi... (May 2021)