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Bitcloud is a distributed cloud storage system and escrow agent based on Tahoe-LAFS that allows publishers to pay nodes for storing encrypted data and sharing that data with others. The decentralized nature of Bitcloud allows anyone to publish large amounts of data in a way that is free from censorship, high costs, and proprietary software.
Bitcloud can be the base for decentralized applications that require data storage and bandwidth. Whether you're watching videos from YouTube or listening to music on Soundcloud, you're getting all of your content through one centralized source. That centralized source could decide to delete certain content or be forced to delete controversial content by a local government. The core principles behind decentralized applications built on top of Bitcloud are decentralization, complete autonomy, open source, and the choice of anonymity.
In addition to providing private storage grids for decentralized applications, there is also a public grid in Bitcloud that can be used by anyone. This grid is completely unmoderated. The original Bitcloud software will be released under the MIT license.