New Proposal BitStream Uses Bitcoin for Decentralized File Hosting
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Bitcoin researcher Robin Linus published a new proposal called BitStream for decentralized file hosting using Bitcoin payments.
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BitStream allows servers to charge Bitcoin for each file download via payment channels like Lightning.
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The proposal enables off-chain transactions and computations that only need on-chain verification in case of disputes.
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BitStream could provide storage incentives similar to how BitVM, Linus's previous proposal, aimed to incentivize computation.
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Linus argues BitStream is better than previous storage cryptocurrencies because it leverages the security of the Bitcoin network.