Durabit: Bitcoin-native Incentive Mechanism for Data Distribution

"By marrying the immutability of Bitcoin's blockchain with the efficiency of BitTorrent magnet links, Durabit ensures data availability and integrity while building a self-sustaining incentive system for content distribution."

Durabit: Bitcoin-native Incentive Mechanism for Data Distribution
  • "Introducing Durabit, a novel solution that leverages the power of Bitcoin to establish enduring incentive systems for continuous data distribution."
  • "This tooling combines time-locked Bitcoin bonds and timestamped torrent magnet links to motivate users to actively participate in the seeding of large files."
  • "Durabit not only addresses the initial data propagation challenge but also helps offset the long-term operational costs of seeding files."
  • "With its focus on long-term data distribution, Durabit offers a promising platform for content creators, data distributors, and users seeking to engage in the peer-to-peer file-sharing revolution while integrating the immutable state of Bitcoin."

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Author: EZ
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