1. You need to make .torrent of your content AND bitcoin transaction = EVERY even smallest change to your site which need to be seeded as new torrent.
2. If there is not enough people to seed your torrent in DHT network then you need to seed it yourself with your IP/server IP which means it can be taken off like any other website.
3. If you want to get an "account" you need to send him money? If you want this project developed you need to "throw money at him". Aha...
4. Project is connecting to blockchain instead of bitcoin nodes, which means if blockchain is down every site hosted in this system will be down.
5. The most important thing, if you will wait for 3 transaction confirmations then every update to your site will need to wait ~30 minutes or anyone will be able to impersonate as you. This is project killer.
Ok so what is an alternative? There is a new BIP pending in BitTorrent protocol that will enable to update .torrent files in DHT network which means you don't need bitcoin at all in this equation.
It's true that BEP-46 'Mutable Torrents' exists now, but trustless DHTs like Bittorrent Mainline are vulnerable to Sybil attacks [1][2], which is conceptually similar to a Blockchain 50+% attack to where a malicious party can control a large amount of nodes and propagate lies. You want to involve some incentive scheme to counteract this [3].
It will not help to eliminate attacks by using point 3 as you are still on the bitcoin network on which 50%+ attack can be made.
Using mutable torrents you are attaching public key to .torrent file and then just signing any changes with your private key. It's even better than bitcoin and without flaws of bitcoin which i mentioned.
You need to get information about content/website that you want to access somewhere, don't you ? So with this information you can get also sha256 of the public key that is attached to.torrent.
They're not quite the same in computational effort. To attain 50+% on Bitcoin you have to actually solve proofs-of-work on the blockchain. To execute a Sybil against Mainline you just have to show up.
Of course it is harder which doesn't change at all what i wrote = it's possible. Then i explained how to make sybil against your content impossible. Your both points in context of my previous reply are invalid.
1. You need to make .torrent of your content AND bitcoin transaction = EVERY even smallest change to your site which need to be seeded as new torrent.
2. If there is not enough people to seed your torrent in DHT network then you need to seed it yourself with your IP/server IP which means it can be taken off like any other website.
3. If you want to get an "account" you need to send him money? If you want this project developed you need to "throw money at him". Aha...
4. Project is connecting to blockchain instead of bitcoin nodes, which means if blockchain is down every site hosted in this system will be down.
5. The most important thing, if you will wait for 3 transaction confirmations then every update to your site will need to wait ~30 minutes or anyone will be able to impersonate as you. This is project killer.
Ok so what is an alternative? There is a new BIP pending in BitTorrent protocol that will enable to update .torrent files in DHT network which means you don't need bitcoin at all in this equation.