LBRYcrd uses a blockchain similar to bitcoin to implement an index and payment system for content on the LBRY network. It is a fork of the bitcoin core. In addition to the libraries used by bitcoin, LBRYcrd also uses icu4c. What if anyone in the world could publish digital content, anyone else in the world could access it (for free or for payment), and that entire system worked without any centralized authority or point of control? LBRY uses a public, proof-of-work blockchain that is very similar to Bitcoin. The blockchain is the foundation of the protocol stack. The most salient feature of the LBRY blockchain is the association of a normalized string of characters (a “name”) with a structured set of metadata. This coupling is called a claim. The LBRY blockchain stores names and metadata in a parallel Merkle tree, separate from the tree used to store transaction data. This allows LBRY URLs to be trustfully resolved even without a full copy of the blockchain.
Features
- A market for accessing and publishing information
- Decentralized, robust, and optimal
- Metadata stored in the blockchain is interpreted and validated
- Data referenced by metadata is accessed and distributed via a peer-to-peer network
- Identities are created, signed, and validated
- Data network operations are provided by the lbrysdk