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Living Room / BitCloud: BitCoin concepts applied to... everything else.
« Last post by wraith808 on January 22, 2014, 10:46 AM »Announced on Reddit with a project on GitHub, and reported on now by the Guardian, BitCloud is the attempt to replace a whole lot of what people use the internet for other than buying things with a shadow-internet equivalent. Where BitCoin is based on proof of processing power spent, BitCloud will apparently be based on proof of bandwidth given to the network. This is in the very early stages- so much so that no one is even sure what proof of bandwidth means. But it's very interesting to follow...
[Draft document on GitHub]
[Draft document on GitHub]

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