LBRY is a blockchain-based decentralized platform for buying and selling content, currently used for video content only. Access to the video can be obtained either for free or for LBRY credits (LBC) tokens.
LBRY in facts and figures
- founders: Jeremy Kauffman, Alex Grintsvayg, Josh Finer
- LBRY tokens: LBC (Library Credits)
- max tokens: 1 billion tokens in 20 years, 100 million in the first year
- market cap: $36 millions
- circulating supply: 68 millions LBC
- current price: $0.53
- crowdsale: no
- opening price: 0.0026 ВТС, 1.73 USD
Questions
I would recommend to seek answers to the following questions and issues.
- Why library changed its' positioning to "media platform" and focused exclusively on video content?
- The team seems to be focused on attracting political and ideological video creators that are banned/censored on platforms like Youtube.
- While claiming to solve a censorship problem, LBRY does not provide a solution for solving spam and noise attack vectors which. Why?
- How microtransactions are implemented using off-chain transactions?
- Are there any mining peculiarities?
Token resources
Links
0 LBRY Twitter
1 LBRY Site
2 LBRY Twitter
3 Cryptocentral
4 Twitter Blocknet
5 Twitter LBRY
6 Twitter LBRY
7 Twitter Coinmarket Watch
check out
lbry://@movie#7381dcaa482bdc199934779c7aa39922f0342582
for great content
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I think that they are focusing on video content to try to differentiate themselves from coins like Steem that monetarily reward user content. There is a key difference between Steemit and LBRY, which is that payment is voluntary on Steemit in the form of upvotes, whereas LBRY is more like a store. With LBRY, the most purchased content goes to the front by design, so all the spam naturally ends up down at the bottom. LBRY also seems to preclude the use of thousands of accounts to fake massive viewership by verifying users by credit card.
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Hi @ontofractal how do you make these timeline images? At first I thought you had copied them but they seem to be your own work!
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