Bitcoin researcher Robin Linus, who turned heads last month with the release of his “BitVM” paper outlining a path for bringing Ethereum-style smart contracts to the original blockchain, is creating buzz anew with his latest publication: a proposal for decentralized file hosting, incentivized via Bitcoin payments.
The new “BitStream” proposal by Linus, a core contributor to Bitcoin-based zero-knowledge proofs developer ZeroSync, sets out how an open market for content hosting could be created by “an atomic swap of coins for files.”
Using payment channels like Lightning, the server would charge for each download, thereby avoiding spiraling overhead costs in the event of a subsequent huge number of downloads.
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