Skip to main content

Amid Youtube Censorship, Individuals Flock to Decentralized Video Sharing Apps Like Lbry.tv

Amid Youtube Censorship, Individuals Flock to Decentralized Video Sharing Apps Like Lbry.tv

In mid-May, news.Bitcoin.com reported on one of our mining pool videos being censored and banned from the video-sharing platform Youtube. The report had shown how Youtube has been censoring videos for a long time now, and the CEO specifically told the public certain coronavirus films would be removed. Youtube’s censorship has caused a number of individuals to search for decentralized video sharing platforms, and one particular project called Lbry.tv has been gathering a lot of traction.

Censored Youtubers Are Migrating to Lbry.tv

Censorship is abundant these days, as many of the massive social media platforms and video sharing sites are censored and policed on a regular basis. Just recently, Bitcoin.com’s official Youtube account was warned for sharing a video about bitcoin mining and people witnessed mass censorship on Youtube caused by the coronavirus.

Months before Covid-19, many crypto-focused Youtube channels were also banned and removed from the platform. The iron curtain tethered to Youtube has invoked a number of crypto advocates to leave and join a more decentralized concept called Lbry.

Amid Mass Censorship, Individuals Flock to Decentralized Video Sharing Apps Like Lbry.tv

Lbry is a sharing platform that uses blockchain technology to enable users to publish material and get paid for doing so. People using Lbry’s service can monetize their published material with its built-in payment system. The creators of the Lbry project state:

Lbry is a new protocol that allows anyone to build apps that interact with digital content on the Lbry network. Apps built using the protocol allow creators to upload their work to the Lbry network of hosts (like Bittorrent), to set a price per stream or download (like iTunes) or give it away for free (like Youtube without ads). The work you publish could be videos, audio files, documents, or any other type of file.

Amid Mass Censorship, Individuals Flock to Decentralized Video Sharing Apps Like Lbry.tv
Lbry.tv.

In addition to the main Lbry blockchain, the project has also introduced Lbry.tv, a similar platform to the likes of Youtube but without censorship and centralization. The creators of Lbry call the platform Lbry.tv, “a nearly feature-complete web version of Lbry desktop, a browser for the Lbry network.”

Because of the censorship and centralized video sharing platforms manipulating video shares and adding horrible advertisements, many people have migrated to the Lbry platform for quite some time now. The developers behind the project note that the video sharing portal has:

Decentralized and Censorship-Resistant Social Media and Video Sharing Platforms Will Someday be the Norm

It will take some time, but censorship-resistant and decentralized platforms will someday be the new norm. The masses are slowly beginning to see the problem and there are tools out there that can decentralize social media and video sharing techniques across the web.

Platforms that pay content producers and artists directly, instead of large fractions of profits going to middlemen like Facebook, Twitter, Reddit, and Youtube. There are projects like Twetch decentralizing Twitter and concepts like Memo.cash removing third parties from social media forums. Lbry.tv is an alternative to Youtube, Amazon, and other hosting sites. It may be nascent project and may not even be the end solution, but its a start in the right direction.

What do you think about Lbry and Lbry.tv? Let us know in the comments below.

The post Amid Youtube Censorship, Individuals Flock to Decentralized Video Sharing Apps Like Lbry.tv appeared first on Bitcoin News.



from Bitcoin News https://ift.tt/3dlgIED

Comments

Popular posts from this blog

Mt Gox Creditors Updated, Trustee Says Rehabilitation Custodian Is ‘Currently Preparing to Make Repayments’

On August 31, 2022, the Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation custodian is “currently preparing to make repayments” to Mt Gox creditors. Trustee Updates Mt Gox Creditors — Repayment Date and Exchange Still Unknown Last week speculation and rumors concerning the release of 140K bitcoin ( BTC ) from Mt Gox littered social media platforms and headlines. Bitcoin.com News covered the situation six days ago as a number of people and Mt Gox creditors called the rumors “ fake news .” During that same period of time, a bitcoin whale transferred 10,000 BTC to unknown wallets, and a 2018 annotation , heuristics, and clustering methods show the funds likely originated from the June 2011 Mt Gox hacks. Following the mysterious whale transfer, last Wednesday, Mt Gox published an official update from the court trustee Nobuaki Kobayashi that explains the court is “currently preparing to make repayments” to creditors. Mt Gox creditors have been wait...

Fidelity Discusses Bitcoin as Portfolio Insurance — Could Soon Stand in ‘Stark Contrast’ to Path Fiat Currencies Take

Fidelity Digital Assets, a subsidiary of Fidelity Investments, says that bitcoin could be considered portfolio insurance. The firm notes that the cryptocurrency “may soon stand in stark contrast to the path that the rest of the world and fiat currencies may take — namely the path of increased supply, additional currency creation, and central bank balance sheet expansion.” Fidelity Says Bitcoin Could Be Portfolio Insurance Fidelity Digital Assets, a subsidiary of Fidelity Investments, recently published a research study titled “The Rising Dollar and Bitcoin.” The research outlines “how bitcoin could be considered portfolio insurance” as the rising dollar impacts global currency markets. “The strengthening U.S. dollar is wreaking havoc among other countries and may put pressure on the Federal Reserve to soon reverse its tightening monetary actions, something that has precedent based on 1985’s Plaza Accord,” Fidelity explained. In addition, “more monetary debasement may be needed to ...

Economists Discuss Russia, China Potentially Developing Gold-Backed Currency That Could Undermine US Dollar

Economists have weighed in on reports that China and Russia may be developing a new gold-backed currency that could undermine the U.S. dollar’s status as the world’s primary reserve currency. Russia and China May Be Developing Gold-Backed Currency Several experts have shared their views on Russia and China potentially creating a new gold-baked currency, Fox Business reported Saturday, emphasizing that China has been buying up huge quantities of gold while Russia was forced off the U.S. dollar due to sanctions imposed on the country following its invasion of Ukraine. The news outlet noted that some experts have cautioned that these moves, along with the closer relationship that has developed between Moscow and Beijing, point to the likelihood of China attempting to launch a gold-backed currency. However, neither Russia nor China has officially confirmed plans for such a currency. Craig Singleton, senior fellow at the Foundation for Defense of Democracies and a former U.S. diplomat,...