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ExtraTorrent.cc > Articles > New Hints from Dotcom on MegaUpload 2.0

New Hints from Dotcom on MegaUpload 2.0

New Hints from Dotcom on MegaUpload 2.0

Added: Tuesday, August 9th, 2016
Category: Recent Headlines Involving File Sharing > Current Events
Tags:ISP, Download, BitTorrent, MPAA, RIAA, copyright-infringement, file-sharing, Torrenting
Kim Dotcom revealed some more information about his new file storage project dubbed MegaUpload 2.0, which is expected to launch in January 2017. The NZ entrepreneur noted that file transfers in the network would be linked to a Bitcoin transaction, effectively bringing decentralization, anonymity and encryption to the next level.

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Kim Dotcom has officially confirmed that he was developing a brand new file-sharing platform with a name that everyone knows. The site is partially confirmed as MegaUpload (or maybe MegaUpload 2.0) and is set to launch 5 years after the 2012 closure of the original service and the police raid against its operators.

Now Dotcom has left some more hints on the new service through his Twitter. First, he said that it would be “groundbreaking innovations” that would take Bitcoin “mainstream.” However, no clarifications were given. Industry experts suggest that there will be currency changing hands for people sharing files through MegaUpload 2.0. It was previously confirmed that the new platform would launch with MegaUpload 1.0’s user database, which is roughly 100 million users and potentially lots of money.

Secondly, Dotcom said “Nobody will upload to any other cloud after Megaupload’s Bitcache goes live. 100 million Bitcache wallets.” This also raises questions, as a Bitcache project already exists but it seems that Dotcom has something else in mind. At least, when asked whether he had considered Bitcoin’s block size issues, Dotcom suggested that Bitcache would solve the problem.

Besides, it is clear that the entrepreneur is keen to promote links between MegaUpload and Bitcoin, suggesting his followers to invest in Bitcoin while cheap, predicting its value at $2,000 in 2017.

Thanks to TorrentFreak for providing the source of the article.

Posted by: 
SaM

Date:  Tuesday, August 9th, 2016



Comments (1) (please add your comment »)

1
posted by Trusted UploaderET loverTurtle (2016-08-10 00:40:25)
DJ_Digital_Majik avatari am ready. bring it

would be great if i can recapture all my ups to his site



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