As the new Megaupload 2.0’s launch date nears, Kim Dotcom has announced the inclusion of Bitcoin micropayments into the platform. The revival of Megaupload is currently set for January 20 next year, marking the anniversary of its predecessor’s forced closure by law enforcement agencies in 2012.
According to Kim Dotcom’s recent twitter post, all file transfers on the new Megaupload 2.0 file sharing platform will be linked to a Bitcoin microtransactions over Bitcache.
“Every Megaupload file transfer will be linked to a tiny Bitcoin microtransaction. Get ready for Bitcache.”
While there is limited information available on Kim’s Bitcache system at the moment, he claims that it will put an end to the Bitcoin scalability debate by eliminating all the existing blockchain limitations. He also predicts the Bitcoin price to soar at least four-fold once Megaupload 2.0 with Bitcache is launched.
In another tweet, Kim also mentions that the new Megaupload will be available for free as a white labeled platform. This will allow people to use Megaupload to meet their file sharing needs by