Joystream: Earn Bitcoin Seeding Files With BitTorrent Client?
JoyStream, found online at JoyStream.co, is a new BitTorrent client that aims to offer faster speeds, torrent streaming, and paid seeding. Here’s our review.
What Is Joystream?
JoyStream is a BitTorrent client that offers a number of exclusive and unique features over other clients. The software implements a version of the BitTorrent protocol where peers are rewarded with cryptocurrency for seeding.
In the traditional torrent environment, “seeds” are encouraged to upload content through the goodness of their hearts. They have little real incentive to seed. With JoyStream, users are rewarded with cryptocurrency in exchange for seeding different files.
The very first version of the JoyStream protocol was launched back in May 2014. The protocol originally used the bitcoin (BTC) protocol. In March 2018, the software team made a major announcement: due to increasing fees and congestion on the BTC network, was moving to the Bitcoin Cash (BCH) network.
Starting in March 2018, JoyStream will reward users with Bitcoin Cash in exchange for their seeding activity. Meanwhile, users can pay cryptocurrencies (BCH) to stream torrents.
JoyStream is available for Mac OS X, Windows, and Linux (64 bit).
JoyStream offers all of the following features:
JoyStream rewards seeders for providing bandwidth with micropayments. This leads to higher download speeds on all content.
JoyStream makes it possible to download and seek to any part of a large HD audio or video file by simply requesting and paying for it directly. This makes streaming accessible to torrent users.
JoyStream provides more content to the torrenting community because users have a reason to seed their content after the download is complete. Before JoyStream, “leechers” would mostly just turn off their torrent client after the download was complete: there was no incentive to continue uploading to the network.
JoyStream recently improved its old style channels by implementing newer checksequenceverify (CSV) channels. JoyStream’s old channels were complicated because they tried to pay multiple parties from the same contract. That meant users always had to setup multiple refund transactions, requiring asking everyone to resign their refund if a single party did not cooperate during setup. This got complicated and it was also prone to malleability attacks.
How JoyStream Earn Bitcoin Seeding Files With BitTorrent Works
You download the JoyStream software for Mac OS X, Windows, or Linux from JoyStream.co. Then, you can start downloading ordinary torrents. Or, you can begin seeding torrents for files that you’ve already downloaded.
The software lets you choose the torrent folder on your own computer.
In terms of payment, JoyStream uses a separate screen to manage the amount of money you’ve spent (paying for torrent streaming) and earned (seeding torrents).
Once you’ve setup the JoyStream software, you can enjoy one click streaming playback. JoyStream claims they’re one of three free torrent clients in the world offering this feature.
JoyStream’s streaming is integrated with its payments. If you start seeking in some media, then your client will start requesting and paying for pieces that correspond to what you wish to see right now.
JoyStream is a BitTorrent protocol that offers faster speeds, torrent streaming, and paid streaming. The main innovation with JoyStream is that you can earn money in exchange for seeding torrents. Meanwhile, users can pay to stream specific parts of the torrent.
To learn more about JoyStream and how it works, visit online today at JoyStream.co. The software is available to download on Mac OS X, Windows, and Linux.