Storing video files on the blockchain is expensive/inefficient, so storing them on a conventional file storage works best. But the other back-end and details like personal information/subscribers/payments could be done on the blockchain.
This will ensure the following
Authenticity
Transparency
Freedom of speech
No more shadow banning due to unreasonable circumstances
My thoughts on Youtube like project:
I would probably draw inspiration from Steemit and BAT and see how they organize things perhaps integrate somehow.
Things I would use the blockchain for would be:
Identities
Liked content
Content descriptions
Content comments
Followers
Rewards and incentives
Things I would not store on the blockchain would be:
The actual videos ( you could perhaps store links and CRC of the video on the chain)
These are my first thoughts.
I think one of the main issues is to be able to create a video sharing platform that can compete with YouTube by giving a better user experience. People want to produce videos but most hate video ads which are at the core of YouTubeâs model. They collect viewer data in a centralized manner so they can sell search data to advertisers.
How about taking ads out of the equation. Instead, the company can launch a token that would be used to reward content producers and viewers through a smart contract. Data would be private and used within the blockchain to promote content.
The actual uploading and sharing of videos can still be done over regular web servers in the same way as YouTube but all accounts and user data will remain in the blockchain.
As someone who is business minded (much more than technically gifted) and interacts with youtube, however is not a creator, i would welcome the opportunity to discuss real world problems with current content creators and more technically proficient people for a rounded assessment.
overall i see the following as factors to consider for a platform:
Creators -
Consumers -
I would create a private blockchain on top off a public blockchain that would allow users to post and share videos to each other but at the same time give users control over their personal information and decide who has access to look at their personal data. My thought is this should allow people to not rely on a central authority to handle their data or worry about a corporation selling their data to other entities because now they wouldnât have access to it , instead users just have to rely on the code itself and themselves. So all their personal data would be stored in their own personal private blockchain and anything they post will be stored on both the private and public blockchains.
Have video content on main sever, but the metadata on the blockchain so advertisers , content creators can get a true picture of how many people are watching and sharing their content. Content creators would still be at the mercy of platform providers ,but maybe a smart contract system could prevent videos being censored because of opposing political views, unless genuine complaints are being put forward through consensus on the blockchain.
Build Your Own Business Blockchain (Video content platform):
Since it is a platform for content that has been created by many it will generate a lot of data that will need to be stored someplace. Not sure how exactly in terms of equipment this can be achieved, but, if this platform aims to be successful, content creators should be assured that content they produce canât just be deleted or locked away from access of account owner.
General outline of components:
creator account - verified and authenticated by Digi-ID;
content front-end platform for viewing and accessing by viewers - large enough to cope with volume of information (some sort of system that can mimic YouTube, but on shared bandwidth principal). Have participants run Nodes that support the network and reward Nodes with token that is exchanged on the network between viewers and advertisers.
create and support a market place for network token trading and exchange to support commerce (ad revenue payout or ad time, space purchases).
not sure how to secure ethical use of this platform - people will do all kinds of not so decent things just to get attention. YT and FB fact-checkers is an obvious failure.
G.
THETA network has this vision in a much better detail!
Skipped all answers so I wouldnât âcopyâ.
Not using blockchain:
Using blockchain:
Application: Decentralized Video Sharing Platform
Actors: Types of Users
Features: We want to see on the video Sharing Platform
Non-Functional Requirements:
To achieve above mentioned features, I have considered following approach by utilizing centralized as well as blockchain architecture/network
What goes on blockchain and why?
What Should not go on blockchain and why?
As we Learnt and understand that decentralized network has many benefits but at the same time has its own shortcoming such as transactions speed is much lower compared to Centralized IT infrastructure and due to this reason, uploading a large video files over the network and propagating it to several nodes will only make the entire network slower and sluggish.
Instead we can use centralized databases to store video content which are much faster to query and retrieve the videos on the platform.
Videostreaming-Platform using blockchain
Decentralized:
Monetization, governmance and identy management.
Keep centralized: Due to large amount of data for videos this should be kept centralized
Due to the huge amount of data/videos I think it is best too keep it cenralized.
You could benefit from using a blockchain for: channels, likes, subscribers, commercials,
video creators and the way theyâre getting paid
Would leave the uploaded videos in a centralized server for memory and search ability purposes. Would use a blockchain system for accurate and true view counts and also the transfer of ad revenue. User account would also be in a centralized server but would have everyone give private and public keys for signatures and sending money back and forth which might need a blockchain for transaction history I guess.
Maybe something like the following on the technical aspect:
a.Minimize blockchain load. Just have a hash of the video, that updates with each edit if any.
On the economic aspect:
b. Viewers and content creators viewed are rewarded with inflation.
c. A Graph-like aspect of content curators might be worth considering.
d. Some kind of collectible or NFT-like system like ERC-1155 or Tari, maybe with real-world merch possible.
e. Maybe viewers can directly stake the platform crypto on a chosen content creator, boosting the youtube algo-like rating in a trustless manner.
My suggested solution would be:
Views are signed by digital firm trought the platform. Every account ID should be identified ⌠but he has his private key that is private and not shared with the database. Then he have a public key that sign every views.
A smart contract pay the creators by amount of time other accounts has spent watching their videos.
Also, The owner of the videos can decide to maintain the video uploaded on his computer âalways onâ to work as a database for his own videos. Or instead uploading his video in a server. He recive different fees for every views and he can also decide to work as a server for other creators and recive his %fees per view. He recive penalties if it doesnât run good or fast enough
I think should be decentralized as well the âbusiness manager solutionâ. As in fb for example the business manager. In this way you can directly balance the price of a sponsored single view to the amount of request of adv in the platform and show the amount of price needed to be showed in the place you want to appear.
In order to build a BC solution that solves relevant problems I have laid out central pain points identified for various stakeholders.
Pain points identified (user perspective):
Pain points identified (creator perspective):
Solution
Decentralised:
Reward system: Reward tokens (comparable to BAT) receivable based on watch time for creators and users. Users can choose to keep these or auto-contribute to selected creators.
Governance: Governance token issued, used to moderate i.e. reach consensus on whether a user has breached certain guidelines (may not work for certain aspects such as copyright claims)
Centralised:
I would post a header of the video on the block chain. The video and its comments will remain on a central server. Advertisers would be paid per click in hyperledger with crypto tokens, followers and subscribers will be on the block chain. Because file size is problem for the blockchain, they are stored on a central server, I have difficulty seeing how the problem of censorship will be solved at the moment.
Answer: As a YouTube alternative, this can be used as a viable stepping stone alternative for moving oneâs community from YouTube
This decentralized Steaming service is un confiscate-able, where freedom of speech is assured, where users and participation of advertisers vote at option of the content consumers, by their participation in the group or by their freedom of speech and an open dialogue as the cost of rogue ill-defined or ill conceived opinions
As YouTube is, DeTube can be a competitive monetizable services, while also being transparent as to how everyone on all sides of the content can benefit.
DeTube ought to have a offering that is relative to the rates of return of YouTube.
A token as options to be part owner and smart contract can clearly define the monetization cadence, from the posted likes and clicks, their contributions, both as a consumer or and as content creator, including the platformâs innovators
one can migrate into DeTube only the newer content - from youtube or stream from youtube yet directly also be split and consumed on DeTube, if possible.
Unless the creator can off-load the archivable vids to their local storage, our platform, one can store only the latest video and archive the old on Content to the creatorâs local service or a accept our fee based service with tiers for varying video size or length time to be held.
I think making private channels of communication between content creators and sponsors/advertisers will resolve the problem of content creators suddenly losing their income. That way each party can clearly discuss the terms of their relationship.
Smart contract stores content creators profile and followers.
Content creator can update profile (personal contract) with current location of material. Private or cloud server.
Application reads blockchain, fetch location and download material. Material to be shared trough P2P 1x* while consuming. Cashing servers are incentivised to operate.