One of the key innovations of Bitcoin is the ability to easily implement payment channels. A number of use cases have been discussed or demonstrated, among which is the idea of pay-per-use. This is particularly useful when charging for things like WiFi or streaming video by the second. With this in mind, one could imagine a line of communication between two peers, where data flows in one direction and payments flow in the other.
This is the idea behind Streamium, a free and open-source service which allows content creators to stream live video directly to viewers, and get paid instantly. We’re joined by Manuel Aráoz and , the two brilliant software engineers from Argentina who created Streamium. They have worked together on numerous Bitcoin projects these past few years, including ProofOfExistence.com, Faradam, Decentraland, RelayStore, and actively contributed to the BitCore javascript library.
Topics covered in this episode:
- The current state of Bitcoin in Argentina
- The general idea behind Streamium, how it works and its technical components
- How payment channels are implemented in Streamium and its various use cases
- The Faradam project
- The prospect of alternative content funding models made possible by Bitcoin micropayments
- Proof-of-existence and what innovations blockchain technologies brings to data notarization
- The Decentraland project and the vision for a blockchain-based virtual reality
Episode links:
- Streamium
- Faradam
- Decentraland
- Proof of Existence
- The Mental Accounting Barrier to Micropayments by Nick Szabo
- Manuel Aráoz’s About.me profile
- Esteban Ordano’s personal website
This episode is hosted by Meher Roy and Sébastien Couture. Show notes and listening options: epicenter.tv/099
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- Source: https://epicenter.tv/099
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