> Coinado is a remote torrenting service. We do the torrenting for you, worry about seeding, keep your privacy and deliver the file over an encrypted connection. Requesting a file is simple. You just append the info hash of the torrent to the Coinado domain and when you start the download, the torrenting happens transparently on our servers and a minute later the file starts streaming to you.

That sounds like a solid idea all around. I though this was the javascript torrent client implementation, instead, it relies on yet another service that can be taken down.