Regal Wallet Banner

LBRY is a blockchain-based file-sharing network. It powers decentralized social media and video platforms. Odyssee is a decentralized video-sharing network that uses LBRY. It is free of censorship, pornography, violence, and terrorism. 


What is the LBRY protocol?

The LBRY protocol is a decentralized file-sharing network that uses BitTorrent and blockchain technology. Anyone can create an account and upload content to the network. LBRY cannot delete this content. The project is open-source and uses peer-to-peer file-sharing technology. 

Content Moderation on the LBRY Network

Moderators cannot moderate content on the LBRY network because it uses blockchain technology. Users hosted Illegal content like blueprints for 3D printed guns on the platform which moderators couldn’t remove. LBRY’s CEO said he would only remove such content if the court deems it illegal.

LBC Cryptocurrency

LBC credits are the native tokens of LBRY. Content uploaders can earn tips or charge other viewers in this cryptocurrency. People can trade LBRY on cryptocurrency exchanges like Bittrex, CoinEX, and Hotbit.

Business24-7 aims to help those interested in cryptocurrency make safe and informed investing decisions. We are dedicated to offering our readers unbiased reviews of leading cryptocurrency exchanges for traders at all levels. Cryptocurrency exchanges are included in our reviews if they are safe, liquid, regulated by proper authority, or decentralized. 

All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

Previous articleInitial Exchange Offering
Next articleLightning Network
Stefan Grasic (Dipl.-Jur) is the World Wide Director of research for Buisness24-7 and has considerable experience in the financial and investment niche, but also enjoys writing articles for the general readership. Stefan is an active Crypto, Forex and general investment researcher advising blockchain companies at their start up level. He keeps fit by mountain biking, surfing, skiing and lots of other adrenaline sports.


Please enter your comment!
Please enter your name here