THELOGICALINDIAN - A accumulation of adept developers afresh acclimatized the Bitcoin technology to actualize Streamium a decentralized payasyougo video alive platform
So generally it happens that the admirers leave the paid video alive in midway. It after ends up divesting the anchorperson from actuality paid — alike for the allotment that was captivated by the viewer. They [the broadcasters] accordingly accept to accomplish via trusted companies, such as Netflix, that action marketing, alive and acquittal casework — all at the aforementioned time.
The amount focus of Streamium, on the added hand, is to actualize assurance amid two parties, after defective to appoint any middlemen or commission-hungry companies. To accomplish this possible, the account borrows from the Bitcoin’s basal technology — the blockchain — to verify and almanac the affairs afore the video anchorperson and its eyewitness authorize a connection. This blazon of transaction enables streamers to allegation admirers on pay-per-second (or minute) basis.
Demian Brener, one of the Streamium developers, added explained the account of their new service. “We anticipate Streamium as a decentralized trust-less video alive platform, acceptance pay-as-you-go video advice amid anyone on the internet,” he said.
“We appetite to empower teachers, coaches, performers, sportsmen and gamers to affix with added bodies online and advertisement their casework or adventures to anyone in the apple in barter for money, after middlemen.”
Bitcoin Micropayment Channel Protocol
Perhaps the better claiming in implementing a pay-per-second video alive account is breaking bottomward the payments in micropayments. Streamium accordingly has kept its bets on a rapidly-adjusted micropayment approach protocol. This artlessly indicates a ChangeTip-like centralized service area admirers will be able to “tip” the online broadcasters instantly, after any delay.
“By application a micropayments channel,” Brener explained, “we can breach bottomward the acquittal to a per-second base while alienated the charge to pay hundreds or alike bags of miner’s fees, ensuring aerial aegis and low costs.”
