"There is a problem with torrents - nobody want to seed. Let's create new coin - using TRON blockchain - to reward seeders automatically" would be the same, but with no bullshit.
"There is a problem with torrents - nobody want to seed. So let's require users to pay us money for our penny stock tokens"
Making it a better sentence is possible, making the system itself exist in the real world much less so. You can't make systems like this as described due to the reality that all decentralized systems face; the sybil problem, and by extension all the problems that occur when people try to solve that with a web of trust.
Re:Project Atlas
by Erlich_Bachman on Monday October 01, 2018 @08:56AM
(#18112131)
Why does it work in Bitcoin and other PoW blockchains?
Re:Project Atlas
by MrEldritch on Monday October 01, 2018 @09:06AM
(#18112187)
It didn't work; that's why Bitcoin has steadily become more centralized until it became non-decentralized enough to be practical.
Re:Project Atlas
by Erlich_Bachman on Monday October 01, 2018 @09:12AM
(#18112224)
So are we arguing semantics now and the exact definition of the word "decentralized"? Well alright, let's agree about this for the sake of argument.
What stops this proposed project from working in the same "decentralized" way that Bitcoin and other PoW schemes are "decentralized" right now, and are working practically? Why wouldn't it work in torrents?
"Project Atlas will connect the BitTorrent peer-to-peer network [the existing network, utilizing the existing BitTorrent protocol] and the TRON blockchain network [TRON blockchain exists, it's a separate project, look it up] via a set of bittorrent protocol extensions, a custom token [not the TRON token itself, but a sub-token used for the purposes of project Atlas specifically], and an in-client [the functionality will be built-in into the BitTorrent client, the users will not have to use any extra software or web platform] token economy [economic system where tokens are used as means of transfer of value] to address existing limitations [rare torrents becoming hard to find seeds for, fakes, etc..] and open a new borderless [global, not contained within a single country or economic region of the world, users from any countries will be able to participate] economy for exchanging value [Atlas tokens, maybe other cryptos through exchanges] for computer resources [storage space and bandwidth used to store and distribute a torrent file] on a global scale."