Cryptocurrency BitTube (TUBE): review, course and chart

CryptoNightSaber algorithm
Proof-of-Work mining method
General offer 97,455,684 TUBE

The startup was launched in 2018. A company that includes Saber Maram, Kai-Uwe Schnier, and Joni Kautto is constantly working on creating and promoting the project.

BitTube is a decentralized blockchain-based platform that specializes in publishing videos without censorship.

The development team aims to create a global ecosystem by providing a solution that allows video content creators to make money on their activities. In turn, viewers will be rewarded for watching the video. Users who want to view content do not need to install special software as all video content is available in a web browser.

BitTube is fully managed by a dedicated community that can influence the direction of development.

The main competitor of the platform is the well-known YouTube, which provides monetization through the advertising budget. In BitTube, monetization is done through mining. In the end, the system does not need to sell ads to generate revenue. For data storage, the IPFS Protocol, which intends to decentralize the network through a multi-platform file system (that replaces HTML), is used.

A key role in the network is played by the TUBE digital coin, which is designed to reward participants, as well as pay for additional services. Classic PoW mining of TUBE coins is possible here.

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10 BitTube (TUBE)