New VR streaming service: BitTorrent meets Blockchain meets YouTube meets Twitch, an eSports-streaming Twitch competitor, is launching a new decentralized streaming network  powered by blockchain. The resulting network will act like BitTorrent, where files are distributed globally on thousands or millions of computers, and distribution nodes on the system will earn cryptocurrency tokens by caching and relaying video streams.

And the founders have the king of digital video, YouTube, squarely in their sights.

It probably doesn’t hurt that YouTube founder Steve Chen and Twitch founder Justin Kan are advisors.

Get the full story in my latest post at Forbes …