I don't see a video platform being built on the blockchain anytime soon due to size limitations... but it sure would be cool if there was one!
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I don't see a video platform being built on the blockchain anytime soon due to size limitations... but it sure would be cool if there was one!
Never say never! My first hard drive had just 40 MB (4x10^6 bytes) and now Seagate has built 60TB (60x10^12 bytes) SSD. Youtube in 2012 was estimated 80 petabytes, it is about 1400 such hard-drives. Let's say you will have every data replicated 4times in the network (of course you will not be able to have full youtube on each node) . Then you will need 5600 of such a disks to provide 2012 youtube content. Everything is possible. Considering there is million of nodes, everyone providing just about 1TB would be 1 exabyte and and that could store 2012 youtube 12x. Or more realistically, there could be 1000 high-capacity nodes each with 1000 TB (1PB). Considering a better compression and some limitation (assuming 4k will not be supported at the beginning) it's pretty achievable IMHO. Of course it must make sense from economy PoV.