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Take a look at btsync and syncthing.

You are sort of making my point. They store the data on their devices and leave encryption up to me. How is this better than dropbox? It looks basically as easy to use as dropbox but how is it a step up?

They dont store your data.

If we are talking about the same thing (https://www.btsync.com/en/faq/)

Then they explicitely state that they store the data on their own servers. Is there another btsync?

EDIT:

Actually rereading it states they allocate space on their servers which sounds like they store data on their servers but I suppose it's also possible they might not.

Unfortunately btsync.com is a service offering of the bt sync software. Check out http://www.getsync.com/

The only thing BT seems to store is your location (so they can connect any peers which use your key) and potentially the mechanism for authenticating the key the other device uses to connect (it could be done client side but I dont think so).

A has files and gives B the key to the sync location. B enters it into btsync and chooses a folder. B downloads A's files over an encrypted channel directly from A's computer.

Add more people to get more to get multiple seeds.

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