My understanding of podcasting and how it works starts and finishes at "I like to listen to podcasts". I started following Brianoflondon long time ago, probably on some blockchain topics but i was ignoring his podcast posts. Until the 3speak desktop app live testing where they started to talk about revolution of something in podcasts and micropayments...
Podcast Index, Podcasting 2.0
So reading few post form @Brianoflondon on the topic and then listening to Podcasting 2.0 with Adam Curry and Dave Jones i still don't understand almost nothing about the problem. Updating feeds, RSS, problems with updating, dedicated server costs, limits in 14 days, closed systems, links, something something...
Hive Fixes This = Podping
Decentralized, opened to everyone, saves money, saves nature (no need for dedicated servers), helps big and small players in the ecosystem.
You can see my lack of understanding :D
So using Hive helps podcasting but how does podcasting helps Hive?
Let's start with an obvious thing:
- Exposure
I thought that the name Adam Curry sounds familiar. Then i realized why.
I listened to few podcasts with him and Joe Rogan. If you search for inventor of podcasting you will get names of Adam Curry and Dave Winer. So inventor of podcasting talking about Hive can't be a bad thing.
Listening to Podcasting 2.0 i realized that they have no idea what Hive blockchain is. At moments it was funny and a bit frustrating. But when you are on Hive for a while, you sometimes forget how early all of this is. And i don't know anything about Podcasting, so why would i expect that they should know anything about Hive?
They did not know that Hive can solve their "updating" problem efficiently so there is a good chance that they will learn some more things that Hive Fixes.
Micropayments, Patreon
Listening to their podcast i found out that they are also working on payments on Lightning network with an idea of micropayments, patreon like subscription and even pay per minute.
I don't know a lot about Lightning network, i know some about Hive. And i know that Hive should be great for micropayments. Free transactions, 3 seconds block, easy readable wallets... and after the next HardFork some important changes.
- Recurrent transfers feature
is essentially an option to set a Patreon style payments. I know no code, so could this enable an option to send payments every time a creator publishes a podcast? Could it be used for someone to make an app that will say "ok you watched X minutes of this and that is 1.2 Hive?
- convert Hive to HBD and Paying interest on HDB
Why could this be important?
Well if this helps in pegging HBD to 1$ (or at least hold it in a range close to a 1$) would not people rather use HBD to donate? I know i would rather use something that i know is worth 1$ now and 1$ in 6 months than pay in sats.
Also would not it be easier for app developer of sub based system to use something that has "fixed value" for micropayments?
There are probably a lot more things that i missed (3speak IPFS for further decentralization of podcasts), but i like the idea and i am looking forward to see how will it develop.
If you find this interesting check out the funding proposal for further development