21–30 of 170 posts
How is this different from Siacoin?
I'm still confused why I would want my storage to be decentralized. No I don't want my files spread on thousands or millions of computers no matter how encrypted etc.
I still go back to this paper for questions about decentralized storage: http://blog.dshr.org/2017/07/is-decentralized-storage-sustai...
I'm still confused why I would want my storage to be decentralized. No I don't want my files spread on thousands or millions of computers no matter how encrypted etc.
I'm still confused why I would want my storage to be decentralized. No I don't want my files spread on thousands or millions of computers no matter how encrypted etc.
Earlier quoted context omitted.
Actually there were experiments in the original Bitcoin paper. And it would've probably passed a workshop-related setting for academia. More than the academic presentation though, I'm just baffled by the lack of science that these projects with huge followings have.
Please be honest. When the original Bitcoin or Ethereum whitepapers came out, wouldn't your original comment, of these wp not passing any science/academia setting, still ring true then? Also, even if they don't pass an academia setting, what is your point? So many papers actually pass academia setting but does it do anything worthwhile? Filecoin is a project in existence for the past 3yrs working on top of IPFS, a po…
I'm still confused why I would want my storage to be decentralized. No I don't want my files spread on thousands or millions of computers no matter how encrypted etc.
I still go back to this paper for questions about decentralized storage: http://blog.dshr.org/2017/07/is-decentralized-storage-sustai...
With a decentralized trustless system you have to assume a higher failure rate for nodes than with a central trust based system.
If you assume a higher failure rate you have to replicate data more extensively to achieve reliability.
If you have to replicate data more extensively then decentralized will always be more expensive than centralized.
Coming from academia, these sort of papers would not pass any sort of double-bind peer review process. Where's the actual science? Where are the experiments? It seems to be just a document describing the protocol of Filecoin, which is fine. The problem is that all these "whitepapers" coming from these cryptocurrency communities seem to be promoted as scientific papers, but in reality do not stand a chance in any scie…
In engineering (although I worked in neuroscience, I worked with many academic engineers and read way too many of their papers), whitepapers and concept papers are also often published - there's nothing to indicate here that this was a reviewed journal article. It's just a formatted PDF.
How is this different from Siacoin?
FileCoin is using proof of storage of client data for blockchain ledger security. That's a very tricky thing to get right (I didn't think it was possible.) Search the white paper for "Sybil attack, outsourcing attacks, generation attacks", and see section 7.4 of the SiaCoin whitepaper for contrast: https://www.sia.tech/whitepaper.pdf
> FileCoin is using proof of storage
Yeah, Proof of Replication and Proof of Spacetime, to be precise.