THELOGICALINDIAN - Kim Dotcom and BnkToTheFuture todayannounced the reincarnation of MegaUpload forth with development and softwareasaservice apparatus Bitcache
Also read: Kim Dotcom’s Mega & Bitcoin ‘Baby’ Will Be Born This January
MegaUpload 2: ‘Dropbox Without File Reading Or Hacking’
In its angle on BnkToTheFuture today, MegaUpload 2 (MU2) describes itself as “a privacy-centric book administration and accumulator belvedere that allows you to abundance and allotment your files abroad from prying eyes.”
Both MU2 and Bitcache will use bitcoin exclusively. This includes all investments afore the absolute point for fundraising on BnkToTheFuture on October 24.
“Think Dropbox, but after the adeptness for Dropbox to apprehend your files or hackers to abduct them from our servers artlessly because we cannot apprehend or abduct them as they are encrypted from end to end,” the angle continued.
BnkToTheFuture additionally appear the account on Twitter beforehand today:
The acknowledge comes afterwards months of speculation apropos what Dotcom would actualize as a backup for the orginal Megaupload. Earlier this year, he tweeted that Megaupload and Bitcoin “had sex.”
While abounding capacity of MU2 accept not yet circulated, there is a asperous outline:
“To accredit such book accumulator and administration with alike added privacy, we aim to use Bitcoin and Blockchain as the glue,” the angle states. “We aim to advance Blockchain based accumulator casework such as Storj, Maidsafe and others for book accumulator and our own custom technology congenital on top of Bitcoin that acquiesce microtransactions to be absorbed to every file.”
Crypto-Only Investments
Regarding Bitcache, the absolution refers to a artefact aiming to “develop modular applications as a software-as-a-service business affairs solutions to companies such as MU2.”
“Should we accomplish our goals websites can bung into our technology with one band of cipher to pay or acquire Bitcoin micropayments for internet based casework and agreeable at scale.”
It adds that MU2 will be a analysis applicant for some Bitcache modules.
Meanwhile, the online association reacted quickly to the announcement, with Dotcom littoral skepticism apropos antecedent Megaupload issues in a typically dry style.
Potential investors in MU2 may use Bitcoin only, in adverse to added BnkToTheFuture opportunities. Responding to a concern apropos the decision, the armpit commented that investors can use a “range of altcoins” as well.
What do you anticipate about MegaUpload 2 and Bitcache? Let us apperceive your thoughts in the comments area below.
Images via Shutterstock.
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