LBRY is a new open source platform based on Blockchain and designed for sharing digital content. It is gaining popularity as a decentralized alternative to YouTube, but LBRY is more than just a video sharing service.
LBRY is an open source content exchange platform.
LBRY is based on a new protocol based on decentralized peer-to-peer file exchange and a payment network protected by block technology. Anyone can create applications based on the LBRY network that interact with the digital content of the LBRY network. But these technical things are for developers.
As a user, you can use the LBRY platform to watch videos, listen to music and read e-books.
As a content creator, you can use LBRY to share digital content such as videos, music, images, podcasts, e-books, etc.
Unlike YouTube, your actions are not tracked to place ads. Actually, LBRY is a free advertisement. If you are logged in, you won’t see an advertisement anywhere on your website.
No advertising, and you can even earn crypto money to watch videos on LBRY.
LBRY is controlled by a proprietary cryptographic currency called LBC (LBRY Credits).
Just like any other crypto currency, you can take it, buy it or get it from someone else. Content creators can set a price for streaming their content on AML or make it available free of charge and receive tips from viewers on AML.
Don’t worry, you don’t have to buy LBC. Since its inception, the LBC has rewarded you for simple tasks such as watching videos, learning LBRY, watching channels, etc. In fact, you will receive multiple LBCs to create an LBRY account and personalize your profile.
Price calculation Price example
You will also receive AML as a reward for inviting other users to the LBRY platform. For example, if you come to LBRY via the It’s FOSS Invitation link, you and I will receive LBC as a reward.
The LBRY reward system will change as the platform grows. Don’t forget that the bitcoin was originally available immediately, and now costs thousands of dollars.
Open source, peer-to-peer, block chain: LBRY marks all blocks needed for home users
Although the Cypriot currency is necessary to create a fair and open market in the glR, its main feature is a decentralised peer-to-peer network using a chain of blocks. LBRY tries to treat you as a user and not as a product.
Everything built to run LBRY is open source. You can find all of the source code in the GitHub repository.
The LBRY-FAQ page is a good source to learn more about LBRY and how it works.
Use of the LBRY
If you want to try LBRY, you can take a look at the LBRY video sharing platform. If you are logged in or using the application, you will not see any advertisements.
If you create an LBRY account, you can also receive LBRY bonuses (i.e. AML encoding correction). You can watch the video on the LBRY website or in the application.
I noticed that streaming videos is a bit faster if you use the application instead of a web browser. The LBRY application is available for Linux, Windows, MacOS, iOS and Android.
As a web publisher, It’s FOSS is present on all major social media channels. We appreciate and respect such decentralised services and try to ensure a presence on such an original platform. You can find us on Mastodon, a decentralized alternative to Twitter. You can also find these FOSS on LBRY
While we will mainly publish our video content on YouTube and Vimeo (without advertising), our YouTube content will automatically be available on LBRY.
If you want to use LBRY, you can follow us on the spot to watch all our videos on LBRY.
There may not be much content on LBRY right now. LBRY tries to encourage and reward makers who are the first to publish on LBRY and not on YouTube.
LBRY is still in its infancy, but the team is working hard to become a viable alternative to YouTube. It has an open roadmap in which they have shared their vision on all their future plans. You can see for yourself.
Incidentally, the LBRY is not the only platform of its kind. PeerTube is a similar service that provides a platform for peer-to-peer video sharing.
If you are not from technical giants like Google, Microsoft, Huawei spying on their data by registering a profile on you to send you targeted advertising, you can try platforms like PeerTube and LBRY.
What do you think of LBRY? Already using something like LBRY or PeerTube? If not, are you willing to try? What is your general opinion about P2P platforms such as LBRY? Share your opinion in the comments section.
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