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Introduction
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Video hosting or sharing platforms are online services that allow users to upload, view, share, and stream video content. While YouTube is currently the largest and most popular platform, it has its flaws. These include strict monetization policies, unfair algorithms for video promotion, lack of personalized support, vague terms and conditions, data collection controversies, and privacy concerns. As a result, many viewers and content creators are considering alternative platforms.
The rise of blockchain technology has led to the emergence of innovative video sharing platforms that offer decentralization, open-source development, transparent terms and conditions, improved search algorithms, privacy-focused approaches, and alternative payment systems using cryptocurrencies.
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LBRY
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LBRY is not just a video sharing service but a marketplace for all types of digital content. It aims to create a protocol-based association between users and their digital content. LBRY is designed to be censorship-resistant by giving users the power to decide which videos to censor or promote through upvotes and downvotes. Users can also reward content creators with cryptocurrency.
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D.Tube
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D.Tube is a fair alternative to YouTube as it does not rely on hidden algorithms for video promotion or monetization. All service-related data is publicly available. The platform is also ad-free and allows users to advertise within the videos they upload.
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Dlive
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Dlive is a blockchain-based live streaming platform that aims to empower both viewers and creators through an innovative incentive system. It uses tokens for donating and subscribing to content creators.
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VERASITY
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VERASITY provides in-video rewards and loyalty schemes for viewers. It offers an HTML5 and full HD video player supported on most devices. The platform can be integrated into existing video streaming services to fix challenges such as verification, analytics, and ad effectiveness.
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LivePeer
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LivePeer is an open-source video infrastructure service built on the Ethereum blockchain. It provides reliable and cost-effective video encoding and offers incentives for users who contribute bandwidth and processing power.
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Hot Take: The Future of Video Streaming
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Blockchain integration, decentralization, and user incentive protocols will lead to better, faster, censorship-resistant, and more profitable video streaming services. These alternatives offer a promising future for the industry and provide better options compared to traditional platforms like YouTube.
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