Correct. Blocks will include CIDs, which are video hashes. "Blocks" will be a block of videos/images ready to be downloaded into the network. The Speak network will only store videos and images, but of course, it is capable of more. I'm more concerned with making sure the videos and images are stored and keeping the network as lean as possible in that respect.
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Also, a cool thing is a block that no one or few people download; if that block is called a recall block, the miners who have that recall block will earn a much larger reward because they will share it with fewer people. So the system self balances to find videos/images that no one has downloaded a lot to ensure permanence.
i was thinking before this post how you will ensure that a big number of videos are stored, because of that option to chose what you want to store. And i like this option, to have a choice what to store and also to have an incentive to store as much as possible.
I am still lost about all the tokenomics but that is what i expected. i am not enough into that to understand it at first look, or even second or third :D
Haha, I'm here if you have more questions. We believe this way will ensure the maximum amount of videos/images stored for the longest time in the most flexible way possible, and that was our goal all along.