Comment by rekoil
4 years ago
And the encrypted data (decrypted by said license) shared in a distributed public swarm, crowdsourcing the responsibility to keep it in existence and accessible.
That protocol can be exercised by you to take personal responsibility for your own content, or you can yolo that responsibility onto the network and hope enough other people share your particular interests.
Smart contracts cannot hold secrets, as they are executed by hundreds or thousands of nodes. If your license holds the key and it is on a blockchain, the decryption key is public, alongside the ciphertext.