LBRY – The file sharing application of the next generation

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LBRYLBRY, the decentralised content sharing and publishing platform, has released a Beta version of its app.

LBRY is a sharing platform that uses blockchain technology to enable users to publish material and get paid for doing so. People using LBRY’s service can monetize their published material with its built-in payment system. The concept melds together the great technical advantages of both Bitcoin and BitTorrent services for people looking to share content.

LBRY offers content creators such as filmmakers, musicians, writers, or software developers the chance to set their own price and release their works to the world with a few clicks of the mouse. There are no ads, no corporate censors, and LBRY takes no portion of your income. For consumers, it means there is finally an alternative to the big media stores and the murky world of BitTorrent – which doesn’t have a payment system and therefore is run on goodwill.

The LBRY app is the first of its kind – a media marketplace powered by a blockchain and yet easy enough to use. The release includes a LBRY client with one-click installation for Linux and OS X. Initially, the beta is invite-only to allow a gradual scaling of the network.

LBRY says: “Creators can upload their own content, set a price, and start earning credits using the app’s publishing tools. And anyone with spare disk space can host content and earn credits simply by downloading something from LBRY and leaving the app running”.

For more information visit their website: https://lbry.io

What do you think of the LBRY project? Let us know in the comments below!

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