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How come there isn't more torrent based technology
(lemmy.world)
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Authentication and authorization can not be handled centrally if the host performing the actual action you want to apply those to can not be trusted.
Media sharing is mainly a legal problem. With decentralized solutions you couldn't easily delete illegal content and anyone hosting it would potentially be legally liable.
Bullshit in many countries. Well, I know two of them: USA and Russia. First requires intention, second has explicitly excludes P2P from liability.