Bit.Tube coin (TUBE coin) is a proprietary cryptocurrency based on the Proof-of-Work algorithm with no Premine or ICO. Professional GPU miners secure the blockchain network by earning block rewards, which serve as the lifeblood of the entire ecosystem.
What is Bit.Tube coin? ?
Bit.Tube coin is a platform that can bring some positive changes to this industry when it comes to decentralized video content publishing.
The Idea Behind Bit.Tube
Bit.Tube coin project is designed for decentralized video content publishing and offers innovative ideas and applications in this field. Undoubtedly, Bit.Tube is not the first platform to focus on this business model.. However, there are some interesting features that will set this project apart from the others.
What innovation does Bit.Tube coin bring?
Because of its name As it turns out, Bit.Tube is a platform that allows anyone in the world to upload and share video content without any limitations.. The team considers it more important to empower video content uploaders and viewers rather than forcing them to rely on centralized platforms like YouTube.. Moreover, the platform has remarkable cryptocurrency solutions that will push itself forward from day one.
Data stored on the Bit.Tube coin platform, like most other platforms, is either on large servers or centralized. will not be stored in locations. Instead, it will be distributed worldwide via the IPFS network.. Platform and its team say that they sometimes need to avoid censorship measures put in place by governments, and that’s why they take such a measure.. Moreover, thanks to this method they follow, the information will never be deleted or changed.. This will herald a whole new era for video content distribution in general.
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No special browser required to access this new platform. Accessible from any browser. Viewing content also does not require any additional data, regardless of who uploaded it or when it was uploaded.. It will also be possible to stream live on Bit.Tube. However, it will be necessary to add a small piece of software for the live broadcast feature.
TUBE Token
Newly launched blockchain-based projects often introduce new currencies along with themselves.. There will also be a cryptocurrency for Bit.Tube. This currency is called TUBE and over 53 million tokens will be available. Surprisingly, there will be no initial coin offering for the Tube token. However, there is a chance to be bought and exchanged on exchanges, as well as a mining option for this currency.
What’s Next?
Bit.Tube’s main He has a lot of things to think about and do before entering the system.. As of now, the platform hosts several videos. However, it has not been able to compete with other platforms in any way.. There will be no ads on this platform and a very high 90% of the platform’s revenue will be shared with miners.. Bit.Tube is definitely a project worth considering, due to features like unlimited video hosting options, the launch of PPV models, and mobile and Smart TV compatibility.
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