- BITTORRENT LIVE STREAMING PROTOCOL INSTALL
- BITTORRENT LIVE STREAMING PROTOCOL ANDROID
This means BLive will lower the threshold for using cryptocurrencies, expand the user base, and enhance the BTT ecosystem. Virtual gifts: Users can exchange BTT tokens for virtual gifts, and broadcasters can cash the gifts into BTT tokens.BTT will be the major cryptocurrency of BLive’s gifting system, which can be used for several different purposes: (2) Economic systemīy adopting a decentralized architecture and enabling BT users to hold blockchain/smart-contract-based tokens, BLive intends to establish a comprehensive, scalable, and sustainable digital entertainment ecosystem with a payment system that is open, fair, and democratic.
BITTORRENT LIVE STREAMING PROTOCOL ANDROID
BLive supports various payment/withdrawal methods including credit cards, third-party payment systems like PayPal, Google Wallet, Android Pay, Apple Pay, WeChat, Alipay, and Bitcoin、BTT. The instant messaging module includes: video/audio access, one-to-one/one-to-many audio/video matching、IM system and video processing system. The audio/video livestream service is built upon it.
The underlying system includes account system, user relationship, deposit & withdrawal, gifting system, top users chart, and instant messaging module, etc.
(1) The underlying systemĪs the world’s first blockchain-based livestream product with hundreds of millions of users, BLive has a simple, convenient, and powerful underlying system, providing users with a smooth blockchain application experience. Thanks to BLive’s unique advantages, the design of its underlying system and economic system flows easily. By giving broadcasters a great share of the revenue, it could encourage more people to jump into the live broadcasting sphere and lure top names from other platforms. BLive’s profit-sharing ratio is 7:3 (70 percent to the platform and 30 percent to broadcasters) while the industry norm is 9:1.BLive uses a cryptocurrency-based economic system, providing a safe and convenient cross-border payment channel that addresses the payment challenges in underdeveloped regions.
BITTORRENT LIVE STREAMING PROTOCOL INSTALL
BLive enjoys a strong user base provided by the BitTorrent ecosystem which has 100 million Monthly Active Users, creating a built-in install path in its initial phase. By using BLive, users can deposit and withdrawal their assets anywhere in the world with zero transaction fees, instant delivery, and enhanced security and convenience.Ĭompared with traditional livestream platforms, BLive stands out in the following areas: BTT payment will no longer be limited in areas lacking e-payments. Utilizing cryptocurrency, BLive combines the livestream industry with the token economy and explores more use cases. One major goal of BLive is to overcome the challenge of cross-border payments. Most content creation platforms take a huge cut of the profits generated, with some as high as 90 percent.Īs a blockchain-based livestream platform, BLive strives to make reward distribution fairer for content creators and bring in more revenue for those in the internet industry, particularly in the upcoming era of superfast 5G connectivity. “It gives rise to outstanding content creators who have thousands of followers but don’t get their fair share of advertisements and virtual gifts.” “With the continuous growth of telecommunication technology and social media, livestreams have gained a tremendous edge and have become the dark horse of online communication,” said Justin Sun, founder of TRON and CEO of BitTorrent. BLive has a wide range of features, including audio/video livestreams, a real-time instant messaging system that lets multiple users communicate and collaborate, and deposit/withdrawal services of BTT and other cryptocurrencies. With BitTorrent Live, or BLive, you can create live video content, connect with people who share the same passions, and potentially earn by expressing your creativity and find friends around the world.īLive incorporates a new gifting mechanism where users can tip with BTT and other cryptocurrencies, and broadcasters can earn cryptocurrency while expanding their user base. BitTorrent, the leading peer-to-peer streaming protocol, this quarter is about to begin internal testing of its BitTorrent Live social streaming platform, which combines blockchain technology with a community live streaming application.
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