The only use case I can think of would be bit torrent where lots of peers housed in server farms could lead to full saturation. I’ve seen download speeds at 150MB/s. That’s still a measly 1.2Gbit. But even when you’re talking about downloading remuxed 2160p files (~50-75GB) or the occasional collection (~100-200GB), I don’t see the need since it takes time to connect to the swarm and saturate those connections. Unless of course you want to seed it to the whole world.
Cool to have such big pipes, and I’m glad Switzerland is doing some good for science and proving to other ISPs that there’s profit to be had in avoiding rate limiting, but this is so wildly unnecessary.
AT&T fiber recently rolled out 5 gigs in San Francisco and as far as I can tell, Steam is the only service that can saturate it. That’s after buying a 10 gig $100 network card and a $200 router which only has 2 10 gig ports.
It’s going to be a few years before >1 gig internet is commonly supported.
My understanding is that the valuation is not meaningful on an uncapped SAFE where there's no subsequent round. So 7% equity is what they have regardless of a $5M valuation as determined by... who?
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Looks like funding came from YC, so yeah, they were funded.
The use case I can see is streaming from my personal Plex server from anywhere outside my home, but maybe I'm not thinking big enough.
1) When traveling, you can use one of your home computers as an "exit node" so you can watch Netflix, etc. abroad very easily. Much more reliable than using VPNs which can be blocked.
2) Accessing your internal network from wherever you are for Plex, Homebridge, IP cameras, or whatever.