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ExtraTorrent.cc > Articles > New MegaUpload Will Outsource File-Hosting

New MegaUpload Will Outsource File-Hosting

New MegaUpload Will Outsource File-Hosting

Added: Thursday, October 27th, 2016
Category: Bit Torrent Freedom > The Right To Share
Tags:ISP, Download, BitTorrent, MPAA, RIAA, copyright-infringement, file-sharing, Torrenting
Another upcoming version of the popular MegaUpload service has collected more than a million dollars in its first crowdfunding round. Kim Dotcom hopes to revolutionize the file-sharing space MegaUpload 2.0, which is due to launch in January 2017, by outsourcing most of file-hosting to third-party providers. Dotcom also claimed that all takedown requests would be manually reviewed.


The first version of a popular cyberlocker MegaUpload was shut down by the American government almost 5 year ago, and the underlying criminal case against its founder Kim Dotcom is still ongoing. However, Dotcom has already developed and launched another file-sharing service Mega and now is planning to setup MegaUpload 2.0. The latter has already secured its first investment round. More than a million dollars from 354 investors in 14 days is quite an impressive achievement. What are advantages of the service?

It is known that MegaUpload 2.0 won’t be fully operational on the planned launch date, but it will release additional details of operation and functions of MegaUpload 2.0 and Bitcache. These two platforms will allow people to share and store files, linking every file transfer to a Bitcoin transaction. The launch of the service will mark the 5th anniversary of the takedown of the original MegaUpload.

The industry experts admit that the idea may add a layer of security for MegaUpload 2.0 users while allowing copyright owners to generate revenue. The Bitcoin transactions will occur off the blockchain through Bitcache, because the blockchain itself is unable to handle such a massive volume of transactions.

Thanks to TorrentFreak for providing the source of the article.

Posted by: 

Date:  Thursday, October 27th, 2016

Comments (4) (please add your comment »)

posted by Trusted UploaderSite FriendET loverSupermanmen (2016-10-27 20:08:53)
analogkid6103 avatarNever used the original and I will be just as wary of the second. We shall see.

posted by Kitty (2016-10-28 04:10:21)
Aryna avatari prefer Mega nz... but maybe its the same ? i have no idea lol

posted by (2016-10-28 07:06:29)
JohnNyoko avatarSo.....it's a pay for service. Is that right?
If it is then ET will still rule:-)

posted by (2016-10-30 18:24:27)
No avatarHope i get back my premium acc it was with more than a year subscription in the old megaupload before closed !!!

Happy Halloween All !!!

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