What is DTube?
DTube is an application fully written in javascript, that runs in the browser, that allows you to upload and watch videos on top of the IPFS Network. Moreover, it uses STEEM as a database and enables earning rewards from your uploads.
IPFS is a protocol that enables decentralized file storage.
Pro's:
Any other STEEM based platform can easily integrate videos posted on DTube. The video IPFS hash is stored inside the json_metadata of a post. Then it is as easy as doing <video src='htp://ipfs.io/ipfs/videohash'/video
Con's:
While I personally believe that decentralization is the future, don't get your hopes too high yet. Competing with YouTube is an heavy task that cannot be done by one man. My intent with this project was to practically demonstrate the possibility of decentralized video on top of IPFS. It works, but we don't know how well it will work in the long-term. YouTube also has a lot of extra features that makes the experience superior. What I built, represents maybe 1% of the work required to have something that can compete with YouTube. I built some walls, but there is no insulation, or painting, and the whole building might collapse at any time.