The guys who brought you KaZaA and Skype are at it again, and their upcoming Venice Project Peer to Peer streaming will show YouTube how video is really done. Just like KaZaA was a disruptive force in music sharing, and Skype was a disruptive force for phone calls, the Venice Project will kill current online video sharing and TV streaming sites.
So how can the Venice Project demolish what is essentially the biggest video site on the internet? Two reasons: the founder's track record, and the state of the Venice Project now.
Janus and Niklas know peer to peer. They know exactly how to make it work to meet a singular need. And from the quality of both the video and the speed of the streaming, they've done a superb job with the Venice Project as well. It's definitely no contest when you compare this to the blurriness of YouTube and other streaming sites.
Do people care how the data is getting from the host to them? No. That's exactly why peer to peer will definitely win over a centralized, YouTube approach. By cutting down on bandwidth costs (they're mostly from the users), the Venice Project can have much higher quality video. Just like with Skype, what do people care that their call or video is going through Zimbabwe before getting to them? The only thing that's important is that the quality is there, and the content is there. All that the Venice Project needs now is content.
Inside The Venice Project [Giga Om]