Paratii
Paratii is a decentralized video sharing platform that uses blockchain technology and peer-to-peer networks to allow content creators to upload and share videos without needing third party hosting services. It aims to be an alternative to centralized platforms like YouTube.
decentralized
blockchain
peertopeer
video-sharing
content-creation
Paratii: Decentralized Video Sharing Platform
A blockchain-based video sharing platform allowing creators to upload and share videos without third-party hosting, aiming to disrupt centralized platforms like YouTube.
What is Paratii?
Paratii is an open-source decentralized video platform that utilizes blockchain technology and peer-to-peer networks to allow content creators to upload and share videos without relying on third party hosting services. Its goal is to provide an alternative to centralized video sharing platforms like YouTube that gives more control and ownership to creators.
Some key aspects of Paratii include:
- Videos and metadata are stored in a decentralized way across peer nodes, avoiding centralized servers.
- An internal cryptocurrency called PTI is used to incentivize users to contribute bandwidth and storage for hosting videos.
- Creators retain ownership over their content and can choose how they want to monetize it.
- Secure blockchain technology ensures fair attribution and distribution of revenues to creators.
- An open protocol allows anyone to build applications on top of the platform.
By building a decentralized alternative, Paratii aims to address issues like censorship, opaque policies, and the lack of revenue share for creators on centralized platforms. The use of blockchain and cryptocurrency allows it to operate as a self-sustaining video sharing economy outside the control of a single entity.
Paratii Features
Features
- Decentralized video hosting using IPFS and blockchain
- Uses Ethereum blockchain and PTI token for payments
- Allows uploading videos without centralized platform
- Built-in peer-to-peer CDN for video delivery
- Uses transcoding to convert videos for streaming
- Has embeddable video player
- Open source protocol and client
Pricing
- Free
- Open Source
Pros
No centralized platform needed
Censorship resistant
Creators get paid directly
Cheaper video hosting
Faster content delivery
Cons
Smaller audience reach initially
Need crypto wallet for payments
Less video compression than YouTube
Still in beta development
Official Links
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