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LBRY Credits Climbing As "Blockchain-Based Netflix-Killer" Beta Is Released by condra

View this thread on: hive.blogpeakd.comecency.com
· @condra · (edited)
$15.02
LBRY Credits Climbing As "Blockchain-Based Netflix-Killer" Beta Is Released
![ip.bitcointalk.gif](https://steemitimages.com/DQmUdh7FzKcvJNXnuRVV8eVQ8Gy4eg3RBchDXznS5NN3r8D/ip.bitcointalk.gif)

It would be easy to let the [amazing EOS news](https://steemit.com/eos/@eosio/draft-eos-token-sale-smart-contract) overshadow other developments in crypto today, but something HUGE happened in a quieter corner of the crypto world. LBRY, one of the most ambitious blockchain projects ever, released a very promising beta. 
-
---

![4545454.JPG](https://steemitimages.com/DQmRwi4AqsVd26TK7eLk8avtpjzUE7XyLX32TcTNJwtM3mf/4545454.JPG)

Imagine taking some of the best aspects of Steemit, Netflix, Youtube and Torrents, and mashing them together into a blockchain based multimedia platform. That would be a start towards understanding what LBRY could be, and it's already showing huge potential.

LBRY today emailed it's beta testers and early adapters with news of its newest incarnation, and so far, it's kicking ass. 

![11121212.JPG](https://steemitimages.com/DQmPdEwLC4Jz1AckRSXXHL57kc7SXJLsE6y3tqvX4PmQwuC/11121212.JPG)

LBRY allows you to share your media for free, or for whatever charge you set, as well as watching free or premium content. LBRY credits play a central role, and since recent developments have shown such promise, the value of these credits has been climbing rapidly. 

![43575347.JPG](https://steemitimages.com/DQmTGet31pySqRdsMXSMtcNqH3ZcXv1mAML1o1YT5cRghci/43575347.JPG)

LBRY already attracted some controversy this year when [20,000 previously deleted (from YouTube) UC Berkeley lecture videos were added to the blockchain.](http://www.dailycal.org/2017/03/21/lbry-public-sharing-platform-uploads-20000-deleted-uc-berkeley-lectures/)

I spent some time with the latest release today and it is running spectacularly well. Where older versions were slow and buggy, this is extremely elegant software, more similar in feeling to YouTube than Netflix, for better or worse. Certainly more options than Netflix, but far more straightforward than YouTube. I hope the minimal theme is retained going forward. I was able to upload an mp3 (a song of my own creation) and set a price. It was worryingly easy! Personally, I'm very excited to see where this project goes. 

![5646456456464.JPG](https://steemitimages.com/DQmawMC5BssGctejA2fNb8iShpZopJpDyfzAB2T9PY9UFrS/5646456456464.JPG)


If you think the project has potential, LBRY credits can be purchased from Poloniex, Bittrex, and Cryptopia. To sign up for early access and news, [visit the official LBRY site.](https://lbry.io/get?r=zCDt4)

---


Sources/Related:
[DOWNLOAD LBRY - Official Site](https://lbry.io/get?r=zCDt4)
[LBRY's Blockchain-Based Netflix-Killer Is Now in Beta](http://bostinno.streetwise.co/2016/07/11/lbry-open-source-blockchain-network-for-media/)
[LBRY public sharing platform uploads 20,000 deleted UC Berkeley lectures](http://www.dailycal.org/2017/03/21/lbry-public-sharing-platform-uploads-20000-deleted-uc-berkeley-lectures/)
[LBRY Credit Price Chart](https://coinmarketcap.com/currencies/library-credit/)
๐Ÿ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 26 others
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@aaronparker ·
Since dabbling my toes in the crypto world I have discovered tons of new services. Now I can add another one to the list. Thanks @condra.
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@champagnecrypto ·
$0.02
This is awesome @condra Thanks for letting us know about the mp3 upload. Not only can you sell videos but music and podcasts too! kaBOOM!
๐Ÿ‘  
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@condra ·
Yeah, it's gonna be crazy. Blockchain is coming for the big boys.
๐Ÿ‘  
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@champagnecrypto ·
$0.05
Thanks again for the heads up @condra. Your post got me excited . I just bought some LBRY, made a video, and shouted you out. keep BOOMIN.  https://steemit.com/crypto-news/@champagnecrypto/why-am-i-buying-lbry-credits
๐Ÿ‘  ,
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@condra ·
ayyyy thanks dude!
๐Ÿ‘  
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@flauwy ·
Wow, this is the most exciting cryptocurrency of them all for content producers. This is huge. You are right, this is really hot. I don't just want to buy this, I want to USE it!

I think I will make a video about this today with my new show Coin Puppet:
https://steemit.com/steemit/@flauwy/coin-puppet-animated-youtube-show

https://s6.postimg.org/9q34cuf6p/Digger-GIF.gif
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@fuckmylife ·
$0.09
Awesome always looking for new places to stash a few bit coins. I Would like to know more detail about their business model, but I cant wait to find out. I have them to my list.
๐Ÿ‘  ,
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@condra ·
Well worth investigating IMO. I was lucky enough to get some coins when they were very cheap, but I think there's still huge potential for growth.
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@fuckmylife ·
$0.08
It crazy how there is so much potential for development. You can essentially turn any idea that is community or viewer based into its own bitcoin.
๐Ÿ‘  
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@condra ·
$0.08
Also cool name!
๐Ÿ‘  
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@fuckmylife ·
$0.08
lol thanks. Its a symbolic of what my life has become
๐Ÿ‘  
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@hersh1498 ·
Thanks for sharing, I think I will invest into this project  : )
๐Ÿ‘  
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@condra ·
Wishing you luck man!
๐Ÿ‘  
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@holoz0r ·
$0.08
Picked up 58 tokens on bittrex. We'll see what happens.  :)
๐Ÿ‘  ,
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vote details (2)
@condra ·
Fingers crossed for both of us. Obviously I'm excited about the investment potential, but dang, the whole concept of the platform is killer.
๐Ÿ‘  
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vote details (1)
@holoz0r ·
$0.08
Even if it doesn't kill Netflix, YouTube on the block chain would be king.  Another revenue stream like Patreon for video makers would be amazing.  

Now we just need one for stills photographers.  ;)
๐Ÿ‘  ,
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@jamtaylor ·
$0.08
Hmm I'll have to look into it.. So far... what about copyright infringement? Aren't they just going to be taken offline by lawsuit after lawsuit?
๐Ÿ‘  
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@condra ·
$0.08
Yeah it's fascinating stuff but riddled with potential problems. I guess all internet platforms have to take measures to protect intellectual property, and so will they.
๐Ÿ‘  
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@joklahoma ·
$0.07
Sounds like a great project!!
๐Ÿ‘  
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@lexiconical ·
Thanks for sharing. Was the content of the Berkeley videos you mentioned controversial in some fashion?
๐Ÿ‘  
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@condra ·
Complex stuff but from what I gather, they were deleted from YouTube for being substandard in terms of accessibility, but some argued they should still be available because they're better than no videos. 
http://www.dailycal.org/2017/03/21/lbry-public-sharing-platform-uploads-20000-deleted-uc-berkeley-lectures/
๐Ÿ‘  
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@mad-cat ·
and so it begins, check out lbry://@movie#7381dcaa482bdc199934779c7aa39922f0342582
๐Ÿ‘  
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@masterthematrix ·
Oh man thanks for this post. Now I really can see the potential where this is going. I will get me some LBRY tokens for sure...great work!!!
๐Ÿ‘  
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@pixzelplethora ·
Thank you for this timely, well-written article.   Currently mining LBRY with CCminer.   Very happy to hear about this Beta release for testing.
๐Ÿ‘  
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@condra ·
LBRY mining. Looks like you made a good choice.
๐Ÿ‘  
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@randowhale ·
$0.06
This post received a 39% upvote from @randowhale thanks to @condra!  For more information, [click here](https://steemit.com/steemit/@randowhale/introducing-randowhale-will-you-get-the-100-vote-give-it-a-shot)!
๐Ÿ‘  
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@riostarr ·
thanks for sharing
๐Ÿ‘  
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@rouse ·
$0.04
Now I have created https://LBRY.Community - for Content Creators, Users and Developers - The Ultimate Headquarter for Projects built on the LBRY Protocol.
๐Ÿ‘  
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@screenname ·
Re: LBRY Credits Climbing As "Blockchain-Based Netflix-Killer" Beta Is Released
<p>This post has been ranked within the top 50 most undervalued posts in the second half of Jun 09. We estimate that this post is undervalued by $42.30 as compared to a scenario in which every voter had an equal say.</p> 
<p>See the full rankings and details in <a href="https://steemit.com/curation/@screenname/the-daily-tribune-most-undervalued-posts-of-jun-09---part-ii">The Daily Tribune: Jun 09 - Part II</a>. You can also read about some of our methodology, data analysis and technical details in <a href="https://steemit.com/curation/@screenname/introducing-the-daily-tribune-most-undervalued-posts-of-nov-04---part-i">our initial post</a>.</p>
<p>If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.</p>
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@shawnfishbit ·
$0.08
Nice!  I've been waiting for LBC to come around.  It was the first alt I ever bought so I've been holding it kind of as a good luck charm or something.  A couple months ago I started scooping up more and more.  

So the beta is live?  I didn't know. I'm on the early access list and haven't received any news.  I should probably head over to the website.  I haven't been over there in a bit.  There is great potential for growth though.  I really like the whole idea of cutting out any sort of middle man.
๐Ÿ‘  ,
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@condra ·
$0.06
I imagine I must have signed up for early access before you, so you might have to wait a few days before being notified but they seem to be rolling things out pretty fast now. The early beta was lousy, but this one is rather impressive.
๐Ÿ‘  
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@someguy123 ·
$0.72
Personally I like Alexandria's system better:

https://alexandria.io/browser/002004

Data stored in IPFS and Florin, payment with Bitcoin and Card (much easier for common people to get into)
๐Ÿ‘  , , , ,
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@condra ·
Interesting, I'll check it out.
๐Ÿ‘  
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@nutela ·
Yeah but it is backed by a *company* and you can pay in *fiat* so guys who really owns it...
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@wilx · (edited)
$0.08
It's already a winner if it doesn't have the censorship and bias of those other places..
๐Ÿ‘  , ,
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@condra ·
I'm sure there will be teething problems, just like on Steemit. Hopeful though, as I am with Steemit.
๐Ÿ‘  
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@xdark21 ·
( อกยฐ อœส– อกยฐ) A really good read thank you for sharing
๐Ÿ‘  
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