Over the past few weeks, there has been a lot of speculations to what Kim Dotcom has planned for the Bitcoin ecosystem come 2017. As it turns out, his new version of Megaupload will tie in directly to the Bitcoin network. Every file transfer is linked to a Bitcoin microtransaction. This new service will be called Bitcache, and is expected to launch in January of 2017.
It’s nice to see some of our earlier suspicions turning into a reality. Ever since Kim Dotcom hinted as his new service that would involve Bitcoin, it was apparent he would create a new type of file transfer service. Bitcache, as this new service will be called, creates a direct connection between data transfer and Bitcoin microtransactions.
Bitcache Can Propel Bitcoin And Counter Piracy
Up until this point, there has always been a struggle to bring Bitcoin into the mainstream through useful measures. Given the success of Dotcom’s previous file hosting service ventures – Megaupload and Mega NZ – this could be a big step forward for the Bitcoin ecosystem as a whole.