The Best Decentralized Video Platform: YouTube Alternatives to Look Out For
Currently, Google-owned “YouTube” is the world’s largest video hosting and sharing platform, which accounts for nearly 1.9 billion logged users each month. Also, 500+ hours of content is uploaded on this platform every minute. Besides such impressive numbers, people are still looking for decentralized video hosting platforms, especially the crypto enthusiasts.
This came after YouTube deleted and put a ban on several blockchain-based channels. Thus, cryptocurrency enthusiasts started looking for decentralized video sharing alternatives to YouTube.
Apart from this, YouTube has several other flaws that led people to actively migrate to its alternative platforms. These flaws include biased video promotion algorithms, strict crypto policy, indefinite terms & conditions, insufficient personalized support service, privacy concerns, and more. As a result, blockchain technology has led to the introduction of several decentralized video hosting platforms.
Some of the popular decentralized video alternatives to YouTube are discussed below.
LBRY is a community-based digital marketplace that allows users to mine LBRY credits. These credits can be used to purchase digital content. However, finding good content isn’t easy on this platform because unlike YouTube, LBRY doesn’t lay our trending videos.
Bitchute aims to put creators first and provide users with peer-to-peer WebTorrent technology, so they can express their ideas by avoiding censorship. However, the service has a set of rules to avoid any censorship.
Another popular decentralized video hosting platform is DTube. It is referred to as the world’s first blockchain-based video platform that is built on the Steem blockchain and IPFS. This platform rewards users with DCT tokens for watching, sharing, uploading, and commenting on videos.
Today, the gaming industry as well as the video hosting platforms, are taking advantage of cryptocurrency and blockchain to boost user engagement and experiences. Although these decentralized video platforms are not as popular as YouTube, they offer improved search algorithms, enhanced privacy, transparent terms & conditions, alternative payment methods for content publishers, and are censorship-resistance.
If you want to switch to Decentralized applications for your business, then you should hire an experienced Steemit DApp developer or development company.
We, at Steem Experts, house experts who have been providing our clients with high-quality decentralized apps. Get in touch with us, today.