Whats missing is proof of delivery, and thats the most important thing. I'm not just paying AWS to store my files, I'm paying them to deliver my files. Maybe this could work as an alternative to glacier. But even then, I doubt it. I'd take Amazon with an SLA any day of the week.
What Sets Us Apart: Filecoin’s Proof System
31–40 of 66 posts
Re: What Sets Us Apart: Filecoin’s Proof System
#32Earlier quoted context omitted.
Its currently looking at about 4 hours of single core CPU time, plus 2-3 hours more of using many cores for a 32GB sector. The difference between sealing and an actual proof of work based network here is that once you've sealed a sector, you don't have to keep computing anything that expensive. If you seal 1TB and thats 1% of the network, you should win 1% of the blocks (ignoring network growth) without further seali…
What's the purpose of sealing?
Re: What Sets Us Apart: Filecoin’s Proof System
#33Earlier quoted context omitted.
Its currently looking at about 4 hours of single core CPU time, plus 2-3 hours more of using many cores for a 32GB sector. The difference between sealing and an actual proof of work based network here is that once you've sealed a sector, you don't have to keep computing anything that expensive. If you seal 1TB and thats 1% of the network, you should win 1% of the blocks (ignoring network growth) without further seali…
What's the purpose of sealing?
Re: What Sets Us Apart: Filecoin’s Proof System
#34Earlier quoted context omitted.
Where are you getting “millions of end users” from? A quick google search doesn’t return anything, and that seems a lot for a relatively unknown project
IPFS is by no means 'relatively unknown'. It is used in dozens of projects. See: https://github.com/ipfs/awesome-ipfs
Re: What Sets Us Apart: Filecoin’s Proof System
#35Like so many cryptocurrency projects, Filecoin just seems like a solution in search of a problem more than anything else. What exact problem is Filecoin trying to solve that's not possible with current infrastructure? It seems like the decentralization adds a lot of overhead and complexity for no benefit. The main argument that I hear is that somehow Filecoin will be cheaper than centralized competitors. However, ser…
Re: What Sets Us Apart: Filecoin’s Proof System
#36Re: What Sets Us Apart: Filecoin’s Proof System
#37Like so many cryptocurrency projects, Filecoin just seems like a solution in search of a problem more than anything else. What exact problem is Filecoin trying to solve that's not possible with current infrastructure? It seems like the decentralization adds a lot of overhead and complexity for no benefit. The main argument that I hear is that somehow Filecoin will be cheaper than centralized competitors. However, ser…
Re: What Sets Us Apart: Filecoin’s Proof System
#38Earlier quoted context omitted.
Cool! So then, dumb question. Can I delete the file, keep the "seal", and keep winning 1% of the blocks? If yes, then that seems bad for the system. If not (hopefully), I'd like to also understand what's the ongoing compute cost of using the seal plus file together. I understood from the article that sealing is something you do if you are publishing a mirror of a file. Is that right? Feel free to get bored of this co…
Nope, thats where the second Proof comes in. PoSt (Proof of SpaceTime) periodically challenges miners to verify that they have the data they claim to. Since replicas are expensive (slow) to compute, and the challenge window is short, this verifies that the miners in question have not deleted their sealed replicas. The ongoing compute cost for these PoSts are quite small, I think the current numbers (obviously subject…
- Sealing: Done once. 3-4h compute on one CPU initially, plus 2-3 hours on a few CPUs.
- Proof of space time: 10 minutes of GPU time per day.
What are the latency expectations within the system when my node is asked for a Proof of SpaceTime? Is it feasible to keep the sealing data, delete the file itself, then spend ~5 minutes downloading the 32GB on my 1 gigabit/sec home Internet connection when someone asks me to do the Proof of SpaceTime, and return the Proof of SpaceTime in 15 minutes (5 min to download, 10 min to compute)?
Thanks again for engaging with me here! It seems the compute time itself isn't a constant enormous cost necessarily.
Re: What Sets Us Apart: Filecoin’s Proof System
#39Earlier quoted context omitted.
IPFS is by no means 'relatively unknown'. It is used in dozens of projects. See: https://github.com/ipfs/awesome-ipfs
I think parent was saying the projects using IPFS are relatively unknown, so where are the millions come from? I have the same question. In contrast, GUN, has 20M+ downloads/month from known sources: Internet Archive, HackerNoon, etc. ( https://github.com/amark/gun see jsdelivr download stats).
Re: What Sets Us Apart: Filecoin’s Proof System
#40Like so many cryptocurrency projects, Filecoin just seems like a solution in search of a problem more than anything else. What exact problem is Filecoin trying to solve that's not possible with current infrastructure? It seems like the decentralization adds a lot of overhead and complexity for no benefit. The main argument that I hear is that somehow Filecoin will be cheaper than centralized competitors. However, ser…
Storing and serving files a lot cheaper and more reliably than current cloud providers seems like something people actually want.