Distributed video hosting
independent video content
Advanced popular video hosting platforms, such as YouTube, Twitch, and others are gaining popularity. Availability and diversity of content are the main factors to ensure the stable demand on the Internet for the use of such video services. However, the main drawback of the existing video services is the high level of content censorship. In many countries, video hosting has to restrict access or remove certain content at the request of the authorities, who often pursue their political or personal goals. Also, the content is constantly blocked by video hosting services, if there are so-called copyright items in it from the point of view of the administration.
For free and independent placement and use of the video content, Netbox.Global decided to create its own video hosting service - Netbox.Video. Netbox.Video does not include any central repository for video files. Instead, fragments of video files are stored on devices of the Netbox.Chain users similar to the BitTorrent protocol.
The content availability will be directly dependent on the number of nodes online and, at the same time, a special algorithm will distribute the fragments of files so that the most popular content is best available. At the same time, the video content index is stored in the Netbox.Chain and for this reason it cannot be compromised or changed by the administration at the request of a third party.
The internal economy of working with the Netbox.Video is that some users of the Netbox.Chain network lease out their storage space to store fragments of video files, while other users, who are watching this content (downloading file fragments), automatically pay them for it using the Netbox.Coin cryptocurrency. The reward for leasing out the storage space depends on the amount of time, for which this content is available for download, and on the channel capacity. For consumers of the same content, to pay for the Netbox.Video will not be a serious financial burden and, normally, it will be compensated with accruals in Netbox.Coins for using the browser.