The man made famous my Megaupload, Kim Dotcom, thinks he may have come up with a solution to piracy. The solution pairs his new file-sharing site, K.im, with his micro-payment service Bitcache. Working in a slightly different way to Megaupload, K.im is a decentralized cloud-based hosting system. Users can upload files and they will be distributed between various cloud services and also Bittorent. Coupled with Bitcache, a Bitcoin-based payment system, creators can charge for access to their content. Kim Dotcom is still fighting extradition to the US, but this did not stop him from giving a demonstration of his new… [Continue Reading]
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