NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Can BitTorrent and Lightning Give Netflix a Run for Its Money?

Gautham
Gautham
4 years ago
2 mins read
netflix

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Luke Cage fans on Netflix had to go without their usual daily fix for a while last week, following a massive DDoS attack on the internet. While the DDoS attacks can be considered as acceptable risks for an internet based business, a combination of Bitcoin and BitTorrent presents itself as a huge threat to services like Netflix.

Since Bitcoin gained popularity, it was considered as an ideal method for micropayments. The low transmission cost advantage which Bitcoin had in the early days gradually wore off due to increased network usage and lack of scaling. Now a solution in the form of Lightning Network is at sight. As Bitcoin Core prepares to introduce SegWit in the next update, Lightning network for micropayments may soon become a reality. With Lightning network, streaming sites can have an open payments channel for each customer allowing them to automatically pay for what they watch. A combination of Lightning and Torrent streaming services may soon give Netflix a run for their money.

 Is BitTorrent Better than Netflix

The BitTorrent network has a huge customer base which goes many folds higher than that of Netflix, which makes it easy to access to a majority of internet savvy population cross the world. In addition, the use of BitTorrent network is prevalent across the world whereas the reach of Netflix is not as extensive.

With a customer base already primed and ready to use torrent streaming services, any BitTorrent based video streaming service with digital micropayments can readily capture a huge chunk of Netflix’s customers. Not to mention fresh customers who may have eventually joined Netflix. There are a couple of micropayments enabled, BitTorrent based streaming sites in the works and expected to be launched soon. It is just a matter of time before the shift in on-demand video streaming industry takes place.

Challenges Faced by BitTorrent-Based Streaming Services

So far it is clear that the right combination of Bitcoin and BitTorrent can give Netflix a tough competition. However, it may be a bit challenging for such platforms to get the required permissions and licensing from the producers of movies and TV shows right away as they still have to build a reputation in the industry. Netflix scores high in this criteria at the moment.

Ref: Medium |VentureBeat | Image: Netflix
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of NewsBTC
Tweet123Share196ShareSend
Gautham
Gautham

Gautham

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Prezzo di Cardano in Rialzo, ADA Tenta la Rottura Oltre i 0,59$

Il prezzo di Cardano ha iniziato una nuova fase di crescita partendo dalla zona di supporto a 0,5650$. Attualmente ADA...

clararosati 3 hours ago
Ethereum Risks Downside If Resistance Holds: $2,700 Level Is Critical

Ethereum Risks Downside If Resistance Holds: $2,700 Level Is Critical

Ethereum is trading above the $2,500 level, showing notable strength despite recent volatility across the broader crypto market. Since early...

Sebastian Villafuerte 3 hours ago

BTC Bull Token tiek palaists šodien – jaunā kriptovalūtas sensācija ar bezmaksas Bitcoin atlīdzībām

BTC Bull Token oficiāli tika palaists šodien un jau raisa lielu interesi Bulgārijas kripto investoru un Bitcoin entuziastu vidū. Tikai...

lasma 5 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

XLM

XLM Traders, Beware! Stellar’s Funding Rate Is Plummeting

Christian Encila 1 hour ago

Анализ ликвидности BTC: $107 000 и $110 500 станут целями

lisachaikina 3 hours ago
defi

DeFi coin rankings schudden op – Hyperliquid, Sui en Avalanche breken door naar top 10 lijst

Lars Diederiksen 3 hours ago

Premium Sponsors

Press Releases

  • FUNToken

    FUNToken Announce $5M Giveaway Designed to Boost Adoption

    11 minutes ago
  • 3 алткойна, които си струва да следим през първата седмица на юли 2025

    3 алткойна, които си струва да...

    12 minutes ago
  • XRP срещу Shiba Inu Коя криптовалута има по-голям шанс да създаде милионери

    XRP срещу Shiba Inu: Коя криптовалута...

    1 hour ago
  • top memecoins

    Những Meme Coin Tiềm Năng Đáng Mua Hiện Nay Với...

    3 hours ago
  • Potential Coins

    Các Đồng Coin Tiềm Năng Mới Nhất: Enfineo...

    3 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.