One of the key innovations of Bitcoin is the ability to easily implement payment channels. A number of use cases have been discussed or demonstrated, among which is the idea of pay-per-use. This is particularly useful when charging for things like WiFi or streaming video by the second. With this in mind, one could imagine a line of communication between two peers, where data flows in one direction and payments flow in the other.
Topics covered include:
- The current state of Bitcoin in Argentina
- The general idea behind Streamium, how it works and its technical components
- How payment channels are implemented in Streamium and its various use cases
- The Faradam project
- The prospect of alternative content funding models made possible by Bitcoin micropayments
- Proof-of-existence and what innovations blockchain technologies brings to data notarization
- The Decentraland project and the vision for a blockchain-based virtual reality
Links mentioned in this episode:
- Proof of Existence
- The Mental Accounting Barrier to Micropayments by Nick Szabo
- Manuel Aráoz's About.me profile
- Esteban Ordano's personal website
- Hide.me: Protect your privacy and personal data with a free VPN account at Hide.me/epicenter.
- Vaultoro: Trade gold to Bitcoin instantly and securely starting at just 1mg at Vaultoro.com.
Epicenter Bitcoin is hosted by Brian Fabian Crain & Sébastien Couture.