Durabit: Bitcoin-native Incentive Mechanism for Data Distribution
"By marrying the immutability of Bitcoin's blockchain with the efficiency of BitTorrent magnet links, Durabit ensures data availability and integrity while building a self-sustaining incentive system for content distribution."
- "Introducing Durabit, a novel solution that leverages the power of Bitcoin to establish enduring incentive systems for continuous data distribution."
- "This tooling combines time-locked Bitcoin bonds and timestamped torrent magnet links to motivate users to actively participate in the seeding of large files."
- "Durabit not only addresses the initial data propagation challenge but also helps offset the long-term operational costs of seeding files."
- "With its focus on long-term data distribution, Durabit offers a promising platform for content creators, data distributors, and users seeking to engage in the peer-to-peer file-sharing revolution while integrating the immutable state of Bitcoin."
