That protocol already exists and is called BitTorrent :) if anything Nostr could be used to find torrents

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See Webtorrent.io for JS implementation of a torrent client in a browser.

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An easy win would be to include magnet links on Nostr notes (with trackers) and hope clients implement a way to automatically download these and display.

If not that, at least turn them into clickable links to some platform that does that for us.

This could be a game changer for youtube like video content