It did.

All of it started with the webtorrent project though. One of the first demos was booting Ubuntu while streaming the incomplete live ISO image, quite impressive for the time.

This is great tech for media files. Currently better than any other. But making it would make those media files very easy to redistribute, and it is hard to change that without loosing the P2Pness goodies.

If Popcorn Time had a synchronized multi-resolution catalog, bandwidth-sensitive auto switch and some paid seed servers, it would be better than any other streaming service (technically speaking).