you have to consider what are the services provided. i am not sure does liketu is using their own storage for photos. Video hosting is not not that cheap, someone has to pay it. Not sure if it is still the case but for a long time youtube was not profitable if you look at all the storage space they need for videos and playback. But it is fucking google so they can cover that.
so i don't mind 11% as long everything works fine. and when they get to the full decentralization i assume it will be lower or maybe not even a thing. but storage nodes will be payed in some way.
Everyone would be more happy with less % and would be nice if it is possible. have no idea how the finances looks like.
I should have mentioned how much cheaper it is to hose images than it is to host video. I thought of that before, but forgot to bring that up in the video. You make an excellent point, this is why I enjoy these types of discussions.
Really tough to compare YouTube to 3Speak since there is such a major difference in how luck capital they have backing them. Sure, they are both video hosting platforms, but YT is a whole other kind of beast with Google behind it and all.
I think I agree with you in saying that I can continue to accept the 11% cut. I hope that it doesn't stay that way forever, but for now maybe that's what is needed to keep 3Speak chugging along. I mostly just hope to find out what exactly the 11% from all videos is put towards usually.
Thanks for a great comment bro!
i just looked and i think liketu is storing photos uploaded, so maybe that is the difference in 1% to 0% on peakd (peakd is at the moment using hive blog, there was a proposal for funding image storing, not sure who is paying that at the moment).
Would be nice to get some info on how that 11% is used.
Interesting. 1% isn't too bad at all.
Hopefully some sort of clarity in regards to the matter will come in a future comment on this post.