The Megaupload was one of the world's largest file sharing sites before it shut down mode of the FBI. The famous website will probably turn fiercer after managed to secure a fairly high level of funding for Megaupload 2.0.
The finance campaign has managed to reach the minimum investment target of 918.611 euros before it expires at 24 October 2016, with a total investment volume of 1.060.354 €.
Of course the devil is behind Megaupload 2.0 Kim Dotcom, and aims (once again) to revolutionize file sharing. Bitcache Limited, the company behind the program promises to provide the necessary technology to "share files securely, and away from prying eyes."
From a technical point of view, Bitcache is a micro-transaction service that uses Bitcoin and Blockchain. Why Bitcoins on File Sharing Pages?
Megaupload 2.0 users will get a Bitcoin wallet automatically by signing up for the service, which will use the Bitcache for transactions.
It is currently unclear whether users will have to pay for each transaction they make, and how much it will cost them.
Ideas for the future of Bitcache show, however, that the system could be expanded for streaming video, news publications, circulation or micro-payments.
Η team of Bitcache plans to release Megaupload 2,0 in January 2017. Its success of course depends a lot on how the system will work, and whether it will require all users to have money in their wallet or whether they will be available and free options.
If all transactions (download, upload, or streaming) require funds, then it is very likely that Megaupload 2.0 will not catch the popularity of Megaupload or Mega.
