LBRY - Short and Sweet
LBRY
YouTube on the block-chain
The opensource BitTorrent of YouTube
Useful links:
What is LBRY??
LBRY - "LBRY is many components working together. For most users, it will just be a place where they can find great videos, music, ebooks, and more. A vast digital library available on all of your devices." -LBRY
A new protocol that allows artists to upload their content to a network of hosts (like BitTorrent) and set a price per stream or download (like iTunes) or give it away for free (like YouTube without ads)
What makes it good for the average Joe?
- Artists will get paid in LBC (LBRY Credits currently trading on many platforms, I use Poloniex and its trading at 0.00028050BTC) 24 June 2017
- Streamers will get 100% ad free content for a few cents that will go directly to the artist.
- Shoppers will be paying less for content than on ITunes.
How it works
In Conclusion
- LBRY is a digital media library.
- It can store any kind of content and make it available at low cost on demand.
- A shop for everything digital, from ebooks to video games to movies.
- In a decentralized design
- Awesome design, tech and business team backing this company
Put the customer first. Invent. And be Patient . - Jeff Besos
Credits
- YouTubers in the the links(Who will be moving on to the platform I hope)
- LBRY for the awesome page
- Steemit for bringing it all together!
- Jeff Besos for the quote highlighting the key factors to the future success of LBRY
*** I hope this was a nice summary of what LBRY is about, I didn't want to bore anyone with too much information but still capture the essence and still inform people of a truly great platform that I will be investing in and using in the future.
Feel free to leave any commentary and if you have a page that might be useful please share.
Keep Steeming!
The Yacht Guy
Get in on the action of the LBRY Early Access
Thanks, first time hearing about this.
I hope you enjoyed the read and it was somewhat insightful :)
Guys I absolutely love this project. It is a milestone allowing blockchain tech to go mainstream. Keep up the great work 😎
Agreed, stoked about it!
Im long LBRY. Keep everyone posted with updates. Put out a solid, good looking roadmap. I see a lot of potential with this, but there will be competition. I believe time is of the essence.
Competition will always be good, the users will get a much better project if there is competition :) and like you said, Time is of the essence @threat08
Thanks for this great post about LBRY! I mine it and I own some.
Brilliant, it seems great, what do you use to mine it, whats your setup??
NiceHash running on a GTX 750 ti. It sits right under the air conditioner vent, so it keeps nice and cool.