this post was submitted on 06 Aug 2024
805 points (92.7% liked)
Technology
60101 readers
1986 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
They also earn money from the optional premium subscriptions, the 5% cut from channel donations, and 100% of the donations sent directly to them. The way the direct donations work is by going to a video, and just below it, clicking the "$ Support" button and making the donation either via cash or LBC. That's an option for all channels on the platform.
Otherwise, I don't know the ins-and-outs of how the decentralised blockchain system works, but they do not have to host all of the sites content themselves, as it is also voluntarily hosted by other users. I'm not sure how this works at the moment; it previously worked by being a user of the LBRY Desktop app, but after the LBRY company shut down, and the LBRY app went away, I'm not sure how other people host the pieces of that content anymore. They are moving away from the LBRY blockchain protocol, over to the Arweave protocol, so I imagine they will bring out an Arweave app that may replace the LBRY app which that was used previously.