> The loading times of this are dreadful and I don't see how you'll be able to solve that problem when you're relying on P2P.
It's easy enough to centralize a caching layer, perhaps through a popular CDN.
It's easy enough to centralize a caching layer, perhaps through a popular CDN.
I've had an idea in the back of my head for what would make a decentralized video service work, and it plays with the idea of peer driven networks.
So, there a few kinds of people on the network: advertisers (hang in there, I'll explain why), leechers (or consumer), content producers, and seeders.
The prime relationship is between a consumer and a content producer. Every other part of the network is designed to support and benefit their interaction.
First, a content producer creates a piece of content (or steals it, let's be realistic) and publishes it on the network. Attached to the content is a pay-per-view requirement; the producer has elected to require payment to view this content. This money can come from one of two places: first, an advertiser can bid on slots the producer has chosen, second, the consumer can pay the producer directly. The producer doesn't have a choice whether the consumer pays or not, only that payment is required.
Requiring payment for the content is optional, but advisable. You see, the producer has a second order relationship with the seeders. The producer can't possibly feed a million viewers in the first hour. That would be a very difficult task. But what a producer can do is elect to provide a percentage of their required income to seeders. Now there's a financial benefit to seeding a popular video/song. The producer can set their payments to whatever they want. The market may equalize itself.
Finally, we have advertisers, which are the monetary fuel for the fire. Most viewers will tolerate ads and wont want to pay money; so instead they pay time. An advertiser can bid on slots in as precise or general way as they want. If they want to bid on a specific creator's video slots, they can. If they want to bid on a broad category of creators or videos, they can. Etc.
This won't ever be truly decentralized, and there is a whole ecosystem of services external to the network that would be needed for this to function well (payment processors, content collation and moderation -- kind of like how mastodon works, a bidding marketplace for advertisers to interface with the content network, a front end for seeders to select and re-seed, and so on).
I don't have the technical hutzpah to build out something like this. I wish I did. Is there someone out there who wants to be a technical mentor? I'd be game.
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[edit] There should be more and less granularity in how different parties engage. Some people want to pay 10 bucks a month (Amazon Prime) and forget about the rest. Some people want to pay per view. Advertisers might want to target specific creator's channels or whole segments of created content. Creators might want to be able to never even think about ads and just check a box that says "put an ad in front of every video I upload" and then forget it. Or a creator might want to put ads in videos longer than a certain length. And so on. What I've specified above is loosely conceived and would need a lot of thought to turn it into something useful.
Decentralization is a meme, the great majority of consumers don't care. People used Morpheus because it was an easy way to watch (free) movies, not because it was decentralized. Now they use Netflix because it's an easy (and relatively cheap) way to watch movies, not because it's centralized.
Besides, Matrix already has p2p chat, IRC has always been a thing, and so on, heck even BitTorrent is technically still alive. (De)centralization is not a feature, nor is it a bug, it's simply irrelevant.
I have no idea how the experience would vary for the advertisers.
For the producer it should offer more flexibility in how they get paid. This is the major selling point I think. The ability to put out a high effort video -- say you made a full length movie -- and be able to charge theater prices (17.50USD, or close to it) and make sure the ads hit at the appropriate times? It might be worth it for larger creators to swap over.