I'm starting to get deja-vu when reading this because I think someone may or may not have tried this like 5+ years ago with the P2P search engine. I'm assuming that it is a tech like BitTorrent that stores a "seed" on your hard drive and shares it with others and grows as you add more data to it.

To be honest though, this would be much better if it didn't rely on an install and was purely in the web browser. I say this so users of any platform can take advantage of it as long as they have a modern web browser (doesn't IE8 support local storage?) and not install anything. Of course if they clear their cookies and/or local storage, then the data is gone unless it becomes centralized syncing with a server.

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