LBRY is a decentralized content sharing platform, mainly sharing the works of artists, producers, writers, etc. Through this platform, these people can not only maintain the artistry of their works of art, but also obtain certain profit. LBRY is the first fully encrypted platform that builds open source content publishing services on the blockchain. The platform allows users to post profiles and connect directly with consumers, bypassing middlemen. A built-in credit system will also allow content creators to earn money for this work. The introduction of the LBRY token (LBC) means that the era of the duality of Bitcoin and altcoins has passed, and the era of "Appcoins" will come.

1. Project introduction

LBRY is a digital content center based on blockchain technology. It offers solutions to the content market and the related problems it faces. With more and more online sites for digital content distribution, the need to protect digital content from issues such as copyright, censorship, privacy rights and issues, monetization methods, etc. is also growing. LBRY provides intelligent solutions to handle the ever-growing digital content distribution platform. LBRY's goal is to provide control to users and content creators with the help of blockchain technology.

Use of blockchain technology helps LBRY provide users with the ability to individually control their content. The decentralized nature of the platform provides freedom from third-party interference and influence over the content and authorship of author/user-published content. This eliminates any possible problems with copyright fraud, plagiarism and censorship.

LBC is the cryptocurrency provided by LBRY Credits. This cryptocurrency was created to support LBRY's digital content marketplace. This cryptocurrency token enables web users to access monetized digital content on the LBRY platform. The LBRY platform is also where users mine cryptocurrency tokens by providing block rewards.

Application scenario

LBRY Blockchain
Like Bitcoin, the LBRY Blockchain maintains balances - in this case, LBCs, LBRY's cryptocurrency and balances of units of credit. More importantly, the LBRY blockchain also provides a decentralized lookup and metadata storage system. The LBRY blockchain supports a specific set of commands that allow anyone (in LBC) to bid to control the LBRY name, much like a domain name. Those who control the name can describe what it contains, what it costs to access, who it is paid for, and where to find it. The titles are sold in serial auctions.

Data Network (LBRYNet)
LBRYNet is the layer that makes the LBRY blockchain useful beyond a simple payment system. It explains what to do with the information available in the LBRY blockchain, how to issue payments, how to look up content identifiers, and more.

Apps and Devices
LBRY apps are how users actually interact meaningfully with the LBRY network. The LBRY client packs the power of the LBRY protocol into a simple application that allows users to simply search for content, pay for it, download it, and use it when necessary.

Content Discovery
While the namespace provided by the LBRY protocol facilitates discovery, the Web is not that useful without search engines or aggregators, and LBRY needs its own discovery mechanism. Search features can be constructed from metadata catalogs available in the blockchain and content transaction history available in the blockchain or observed on the network. All this data, along with user history, allows for the creation of content recommendation engines and advanced search capabilities.

Content Distribution
Digital content distributors with a server-client model are subject to the whims of Internet Service Providers and hostile foreign governments. If the owner of the cable and router chooses, traffic from the host server can be throttled or stopped. However, in the case of the LBRY protocol, the content comes from anywhere and everywhere, so it cannot be easily stifled.

Transaction Settlement
While it is possible to issue payments directly on the LBRY blockchain, the LBRY protocol will encourage a large number of transactions to scale without using offline settlement. Essentially, instead of issuing transactions to the core blockchain, transactions are issued to third-party providers. These providers hold large amounts of coins that are used to maintain balances internally and settle smaller amounts of transactions to the core chain. In exchange, these providers pay a small fee, less than what would be required to send a transaction directly to the blockchain.

Two. Comments

LBRY is a digital content center based on blockchain technology. It provides solutions to the content market and related issues such as issues of copyright, censorship, privacy and issues, monetization methods, etc. In addition to being a blockchain-based decentralized platform, it is also a marketplace where all types of digital content, such as e-books, songs, videos, etc., are supported by LBRY. Blockchain technology includes LBRY technology, protocol layer and service layer.

Related links:
https://lbry.com/
https://changenow.io/zh/currencies/lbry-credits
https://0xzx .com/2019030418388761.html