Hey Onee-san, look, I wonder if its possible that LBRY.io may end up saving humanity from itself

Hey Onee-san, look, I wonder if its possible that LBRY.io may end up saving humanity from itself.

#FreedomOfSpeech #Decentralisation

no. just buy DGB you fucking retard. It's going up to a dollar you can make 20x your money in under 5 months. Stop flooding biz with these retarded shit posts about shit coins.

Oh dear,
Well, the LBRY is growing slowly and steadily, as a high value coin. So, we never needed pump and dump kids to come inside, only those who enjoy being comfy.

Can you tell me about the coin user

Okay!

LBRY is the first digital marketplace to be controlled by the market’s participants rather than a corporation or other 3rd-party. It is the most open, fair, and efficient marketplace for digital goods ever created, with an incentive design encouraging it to become the most complete.

At the highest level, LBRY does something extraordinarily simple. LBRY creates an association between a unique name and a piece of digital content, such as a movie, book, or game. This is similar to the domain name system that you are most likely using to access this very post.

However, LBRY does this not through a proprietary service or network, but as a protocol, or a method of doing things, much like HTTP, DNS and other specifications that make up the internet itself. Just as many different domains owned by many different companies all speak a shared language, so too can any person or company speak LBRY. No special access or permission is needed.

LBRY differs from the status quo in three big ways:

1 Coupled payment and access. If desired, the person who publishes to lbry://wonderfullife can charge a fee to users that view the content.
2 Decentralized and distributed. Content published to LBRY is not specific to one computer or network, making LBRY robust to failure and disruption.
3 Community controlled. No party other than the publisher (including us) can unilaterally remove or block content on the LBRY network.2

While creating a protocol that we ourselves cannot control sounds chaotic, it is actually about establishing trust. Every other publishing system requires trusting an intermediary that can unilaterally change the rules on you. What happens when you build your business on YouTube or Amazon and they change fees? Or Apple drops your content because the Premier of China thought your comedy went too far?

Only LBRY consists of a known, promised set of rules that no one can unilaterally change. LBRY provides this by doing something unique: leaving the users in control rather than demanding that control for itself.

What stops it from being a CP library?

Services are what actually make the LBRY protocol useful. While the LBRY protocol determines what is possible, it is the services that actually do things.

While the protocol is determined, open, and fixed, the service layer is much more flexible. It is far easier to redesign a website than it is to revise the HTTP protocol itself. The same is true here.

So in much the same way as you can make a website that serves CP, you could also make a LBRY application that serves CP.

However...

In assessing LBRY, we must compare it to a world in which BitTorrent already exists and is quite popular, not the 1950s. LBRY is an improvement over BitTorrent in combatting unsavory content in at least four ways:

1 More records. LBRY contains a public ledger of transactions recording name purchases and content publishings. As many purchases make it onto the ledger as well, this means infringing actions are frequently recorded forever, or are at a minimum widely observable.
2 Updatable URLs. Once a BitTorrent magnet hash is in the wild, there is no mechanism to update or alter its resolution whatsoever. If a LBRY name is pointing to infringing content, it can be updated or removed (but not by us).
3 Stiffer penalties. Penalties for profiting off of infringement are far stronger and can involve jail time, while infringement without profit only results in statutory damages. This serves as a far stronger deterrent for all infringing uses than BitTorrent provides.
4 Expensive or impossible. Off-chain settlement will be a requirement for efficient purchases at any significant network size. Settlement providers, ourselves included, will be able to block purchases for infringing content. At significant traffic volume, if infringing content can’t be outright removed or blocked, transaction fees could make it prohibitively expensive.