Totally agree here. Many people seem to forget that issuing tokens is not some unique new Ethereum feature, it has been possible on Bitcoin with Mastercoin/Counterparty since early 2014. Its these other factors which explains what we are observing now, not the change in tech.
BitTorrent actually does have an economic model driving good behaviour, namely tit-for-tat. Check out the paper by Bram from 2001, http://bittorrent.org/bittorrentecon.pdf, title:”Incentives Build Robustness in BitTorrent” But I agree that Bitcoin introduced this more explicitly.
This description seems to indicate that the streaming is not authenticated? If so, then that is a non-starter really. You can´t have unauthenticated swarming distribution, its a huge attack vector, and trivial to DoS? Also, just think of the user experience, you are watching some nice video content, and then someone shows up and starts injecting some…
Very interesting effort, two questions:
1) I know BitTorrent Inc. has been working on p2p live streaming for a few years (https://www.youtube.com/watch?v=VfbRhSrJ4qA), and I don’t think they have nailed it just yet. Above and beyond using token to incentivize, have you understood something they have not?