Original article: https://www.reddit.com/r/IAmA/comments/50tyub/were_the_nerds_behind_lbry_a_decentralized/
What is LBC/ Library Credits?
LBRY is a new, completely open-source protocol that allows creators to share digital content with anyone else while remaining strongly in control – for free or for profit. If you had the LBRY plugin, you’d be able to click URLs like lbry://itsadisaster (to stream the film starring David Cross) or lbry://samhyde2070 (to see the great YouTube/Adult Swim star's epic TEDx troll).
Unlike every other corporate owned network, LBRY is completely decentralized and controlled by the people who use it. Every computer connected to and running LBRY helps make the network stronger. But we use the power of encryption and the blockchain to keep everything safe and secure.
Official LBRY Release: https://twitter.com/LBRYio/status/771741268728803328
Website: https://lbry.io/