31–40 of 199 posts
Earlier quoted context omitted.
It doesn't. The last real application of Sia that I heard of during the previous crypto boom basically sounded like renting your HD space out to people who would potentially use it to store illegal content.
That's the biggest risk of permissionless / decentralized -- you learn quickly why permissioning and centralization are important.
Can someone ELI5 why you need a blockchain for this? Another startup could make a non-blockchain version of this that uses similar syncing technology to GDrive / Dropbox file sync that just syncs other people's stuff instead of yours and pays you monthly.
https://www.stavros.io/posts/holy-grail-backups/
"I Found the Holy Grail of Backups"
Earlier quoted context omitted.
The data is encrypted by the client, so that's theoretically impossible. Neither you nor the authorities have the ability to determine what file fragments (whole flies aren't stored; just fragments) are on your PC.
It's not theoretically impossible for law enforcement to discover the encryption keys to some illegal files on someone's computer. Then they could go around arresting people who host the chunks. Of course those people wouldn't have known about those files in particular, but they were knowingly running software that enables hosting illegal files. A judge would have to decide if that's OK.
Can someone ELI5 why you need a blockchain for this? Another startup could make a non-blockchain version of this that uses similar syncing technology to GDrive / Dropbox file sync that just syncs other people's stuff instead of yours and pays you monthly.
Non-reliant on central services or entities.
Earlier quoted context omitted.
In the spirit of blockchain and decentralization, I think you're right. But practically, explaining that to the authorities will probably not be a pleasant experience if they manage to find cp or other illegal data on your hard drive.
The data is encrypted by the client, so that's theoretically impossible. Neither you nor the authorities have the ability to determine what file fragments (whole flies aren't stored; just fragments) are on your PC.
Can someone ELI5 why you need a blockchain for this? Another startup could make a non-blockchain version of this that uses similar syncing technology to GDrive / Dropbox file sync that just syncs other people's stuff instead of yours and pays you monthly.
Can someone ELI5 why you need a blockchain for this? Another startup could make a non-blockchain version of this that uses similar syncing technology to GDrive / Dropbox file sync that just syncs other people's stuff instead of yours and pays you monthly.
Non-reliant on central services or entities.