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Storj: Not a Dropbox Killer

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Re: Storj: Not a Dropbox Killer

#111

Post by Geee »

thinbeige wrote: post #82

A blockchain is at the end of the day nothing else than a distributed database where everyone can run nodes. This is a hell of an effort and everyone who is using this 'feature' needs a very good reason and use case which justifies the costs. Every new ICO should answer the question if a distributed BFT database is required. If yes is the benefit big enough? If not then just forget it. Or invest and sell the first mi…

Why is Sia important? https://www.reddit.com/r/siacoin/comments/6tmx0r/why_is_sia_...

Re: Storj: Not a Dropbox Killer

#112

Post by blunte »

mattkevan wrote: post #106
ivanstojic wrote: post #49

Earlier quoted context omitted.

There's an SF writer I really like for his books in the vein of this. His name is L. E. Modesitt, and some of his books that discuss this are the "Parafaith War" and probably the best "Adiamante."

In Douglas Adams's books the president of the universe is completely powerless because anyone who wants to be president should absolutely not be given any real authority. The real ruler is a man living in a shack in the middle of nowhere who only cares about his cat and an occasional glass of whiskey.

That's where some of us are destined to end up, I'm afraid. :)

Re: Storj: Not a Dropbox Killer

#113

Post by RodericDay »

wpietri wrote: post #94
blunte wrote: post #8

Unfortunately for the author of this amazing (and cringeworthy) exercise, skeptics often put in a lot of effort, but receive practically no reward compared to the con artist. Even the people who agree with and appreciate the effort of the skeptics are few compared to the number of irrational people who gladly follow the cons. This is a bit radical (and probably outside the interest of HN), but if we somehow could rem…

I don't think true personal financial need drives much of this. Anybody smart enough to pull off a con like this could get an adequate job and make enough to live comfortably on. I think the problem comes from people who won't stop there. Some are just sucking voids of desire; they always want more. Others want to be on top, to be number one. In my view, these people are broken. So personally, I wonder about how we k…

Sounds like... Karl Marx, to be honest.

Private property has made us so stupid and partial that an object is only ours when we have it, when it exists for us as capital … Thus all the physical and intellectual senses have been replaced by … the sense of having.

You see this everywhere. Rich people who don't have time to be home buying up vast swathes of land, locking up public gardens for personal perusal.

Re: Storj: Not a Dropbox Killer

#114

Post by noway421 »

blfr wrote: post #62
dna_polymerase wrote: post #53

What bugs me the most about the whole ICO game is that it casts a long dark shadow about the whole blockchain stuff. Storj as well as other ideas in the realm are based on great ideas and I'd love to see them succeed. However, that Storj was able to obtain $30M in funding is really just awful. Sooner or later the cryptocoin market will crash and when this day comes and those projects still have no inherent value a lo…

People didn't leave the Internet because of the dot com bubble burst. If blockchain has an advantage over more centralized approaches, it will bounce back as well.

Blockchain, as a technology of its own, is not that interesting. Bitcoin and cryptocurrencies around it is what makes everyone excited

Re: Storj: Not a Dropbox Killer

#115

Post by mungoid »

Ive been looking for more 'technical skeptic' posts about cash-grab cryptos, so this author better post more articles like this.

Got tired of hearing about some new amazing, world changing crypto coming out and then spending hours researching only to end up with a bad taste in my mouth. Both for the community and the tech itself.

Re: Storj: Not a Dropbox Killer

#117

Post by cosinetau »

thinbeige wrote: post #82

A blockchain is at the end of the day nothing else than a distributed database where everyone can run nodes. This is a hell of an effort and everyone who is using this 'feature' needs a very good reason and use case which justifies the costs. Every new ICO should answer the question if a distributed BFT database is required. If yes is the benefit big enough? If not then just forget it. Or invest and sell the first mi…

> why do I want a decentral Dropbox?

The easiest reason I can think of is privacy and anti-censorship. From current events, some groups may experience more and more trouble hosting their content on "public" providers like Google, Dropbox, or Amazon.

Decentralization is an astute counter.

Re: Storj: Not a Dropbox Killer

#118

Post by mdpopescu »

davidgerard wrote: post #60
nebabyte wrote: post #37

Earlier quoted context omitted.

There was that SEC report a while back that sounded like it was gonna end the wild west era of ICOs, and though I don't keep up with ICO news I haven't heard of any big new launches in a while.

Almost all crypto market action is in China. And the ICO market there is so pathological that it's the exchanges asking for regulation. http://news.8btc.com/okcoin-ceo-host-non-public-ico-regulati...

The incumbents are always in favor of regulation, it prevents competition.

Re: Storj: Not a Dropbox Killer

#119

Post by ghthor »

dsacco wrote: post #45
ivm wrote: post #27

Earlier quoted context omitted.

Not radical at all, greed ruins everything. The more we can decrease it in society – the more freedom we'll all get.

Greed appears to me to be fundamentally intrinsic to human behavior and culture. I don't think it's realistic to try to get rid of it. Rather I think it would be more effective to use it as an incentive and actively limit its negative externalities.

Greed as we see it today is a symptom of our economics system. The system encourages greedy behavior, you win if you act greedy. I'm currently working on simulations attacking this problem, focusing on systems that discourage competitive actions and encourage cooperation and equality. A resulting society based on a more egalitarian economic system wouldn't be a utopia, but I hypothesize that we can create a much better world by attacking the root of all out systems and what types of behaviors it rewards.

Re: Storj: Not a Dropbox Killer

#120

Post by ivm »

ghthor wrote: post #119
dsacco wrote: post #45

Earlier quoted context omitted.

Greed appears to me to be fundamentally intrinsic to human behavior and culture. I don't think it's realistic to try to get rid of it. Rather I think it would be more effective to use it as an incentive and actively limit its negative externalities.

Greed as we see it today is a symptom of our economics system. The system encourages greedy behavior, you win if you act greedy. I'm currently working on simulations attacking this problem, focusing on systems that discourage competitive actions and encourage cooperation and equality. A resulting society based on a more egalitarian economic system wouldn't be a utopia, but I hypothesize that we can create a much bett…

I believe it's an educational/cultural problem and not a systematic one.

Bad actors will corrupt any system out of greed for wealth and power.

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