Have You guys heard of it?
It's a bittorrent streamer. It downloads the video sequentially (so it can be streamed) and seeds as you watch.
It is designed to be similar to netflix in appearance.
I have some problems with the concept though, sequential downloading of files negatively effects bittorrent performance and seeding only as you watch makes watching older seasons of less popular TV shows a PITA, as there's often not enough seeders.
It works really well for popular stuff though.https://popcorntime.io/http://en.wikipedia.org/wiki/Popcorn_Time