Review of BitTube : A Decentralized Blockchain project Looking to Substitute YouTube

By March 5, 2019Bitcoin Business
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BitTube is a blockchain project which is decentralized and aims to substitute YouTube. It uses a video platform which is fuel by cryptocurrency, and it is also free.

It attempts to provide the users with a platform which is devoid of censorship and one that is not under the control of a huge organization. BitTube was given birth to give the content creators a big say in a network which they were contributing towards.

Basics of censorship

As mentioned before, BitTube was designed to give the publishers of content the real ownership of the videos and give them a platform where they could publish their videos without the trouble of getting through censorship. The benefit of Big Tube is that it does not involve centralized storage and also as an objective of removing the requirement for advertising to generate revenue.

In this perform the producers of the content received will receive a payment for simply uploading their videos. Viewers can also claim the payment by watching the videos. All the payments involved will be made in the native currency of this platform which is also known as the BitTube coin(TUBE).

Decentralized Bittube Platform

Decentralization is one of the major highlights of the BitTube platform. Due to this feature, it is now projected to be the winner of the title “Bitcoin YouTube.” One of the major highlights of the decentralized system of the platform is that all the videos are stored by using a final interplanetary system (IPFS).

IPFS is a hypermedia protocol which is also a peer-to-peer system in which there is a replacement for HTML. It also attempts to decentralize the web.

This move is highly beneficial as it is possible to remove the user data from the hands of the storage companies. This also brings back the control of the content to the content creators and the users.

With the IPFS in place, there is no centralized server storing the data. All the data is handed over to a decentralized server network which is global in function. Hashing mechanism ensures the safety of the data. Furthermore, the algorithm ensures that there is very less transfer of data and it also ensures that there are no duplicate data.

BitTube And The Browser

The BitTube application exists completely inside the browser which means users don’t have to download any special application in order to access the content. Users can also access any video from the network using a hash.

There is also an additional option of sending live videos. For this, you need to download the BitTube application which shares the screen live.

This application sends live broadcast directly through the IPFS peer-to-peer network avoiding the requirement for the centralized data center.

It attempts […]

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