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Filecoin, StorJ and the problem with decentralized storage (2019)

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71–80 of 123 posts

Re: Filecoin, StorJ and the problem with decentralized storage (2019)

#71

Not very interesting. There are ways to solve all of these concerns--no fees are paid during the first X months, nodes periodically tested for bandwidth, etc. etc. Just because the author didn't bother to think it through doesn't mean it's not straightforward. The whole idea of a blockchain is reputation CAN be built up over time, because every transaction is recorded and there might even be incentives to associate n…

Not true, they suffer to the Sybil attack. I could create several digital identities to create a fake reputation.

Re: Filecoin, StorJ and the problem with decentralized storage (2019)

#72
post #66

Not very interesting. There are ways to solve all of these concerns--no fees are paid during the first X months, nodes periodically tested for bandwidth, etc. etc. Just because the author didn't bother to think it through doesn't mean it's not straightforward. The whole idea of a blockchain is reputation CAN be built up over time, because every transaction is recorded and there might even be incentives to associate n…

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[deleted]

Re: Filecoin, StorJ and the problem with decentralized storage (2019)

#73
post #67

Not very interesting. There are ways to solve all of these concerns--no fees are paid during the first X months, nodes periodically tested for bandwidth, etc. etc. Just because the author didn't bother to think it through doesn't mean it's not straightforward. The whole idea of a blockchain is reputation CAN be built up over time, because every transaction is recorded and there might even be incentives to associate n…

>Amazon already erases books from Kindles, Google scans your Docs for blasphemy against Fauci, and both have been known to throw businesses off their services. In a few years it will seem crazy not to have an extra copy of your data on here. Isn't this a non-issue because you can encrypt your data prior to uploading?

It's an issue if the data's public.

Re: Filecoin, StorJ and the problem with decentralized storage (2019)

#74
post #71

Not very interesting. There are ways to solve all of these concerns--no fees are paid during the first X months, nodes periodically tested for bandwidth, etc. etc. Just because the author didn't bother to think it through doesn't mean it's not straightforward. The whole idea of a blockchain is reputation CAN be built up over time, because every transaction is recorded and there might even be incentives to associate n…

Not true, they suffer to the Sybil attack. I could create several digital identities to create a fake reputation.

Not with proof of work.

Re: Filecoin, StorJ and the problem with decentralized storage (2019)

#75
post #71

Earlier quoted context omitted.

Not true, they suffer to the Sybil attack. I could create several digital identities to create a fake reputation.

Not with proof of work.

Proof of Work is an alternative to reputation networks, so it won’t succumb to a Sybil attack since it doesn’t rely on reputation.

Re: Filecoin, StorJ and the problem with decentralized storage (2019)

#76
post #63

Not very interesting. There are ways to solve all of these concerns--no fees are paid during the first X months, nodes periodically tested for bandwidth, etc. etc. Just because the author didn't bother to think it through doesn't mean it's not straightforward. The whole idea of a blockchain is reputation CAN be built up over time, because every transaction is recorded and there might even be incentives to associate n…

What do you base AWS storage having "an enormous markup" on? AWS has a type of storage to meet any access need / budget. S3 Glacier Deep Dive for example is perfect for storing archival items and costs $0.00099 per GB-month. So you can store a TB for about $1 per month. There are even options like S3 Intelligent Tiering that enable you to store objects on S3 Standard and it will intelligently move them to lower-cost…

You forgot to mention transfer costs. It is only free within Amazon's VPC. You even pay for transfer between AWS regions (and transfer to CloudFront).

Re: Filecoin, StorJ and the problem with decentralized storage (2019)

#77

Earlier quoted context omitted.

Structurelessness and decentralization are only related in that structureless things are decentralized. Decentralized things are rarely structureless. Whether a networking protocol is decentralized or not, it's definitely not structureless; it's nothing but structure, it's a protocol.

Well put. Thanks for putting words on that. The confusion between structurelessness and decentralization is interesting in and of itself, though. It seems like it is exactly this conflation that prevents people from asking the interesting question: when does a centrally-organized social system (e.g. a business) benefit from a decentralized protocol? It seems like this should have something to do with usage/access pat…

You can have structure without centralization - see for example federated systems like email. However, the lack of a centralized authority comes with its own issues - see for example federated systems like email.

Re: Filecoin, StorJ and the problem with decentralized storage (2019)

#78

Not very interesting. There are ways to solve all of these concerns--no fees are paid during the first X months, nodes periodically tested for bandwidth, etc. etc. Just because the author didn't bother to think it through doesn't mean it's not straightforward. The whole idea of a blockchain is reputation CAN be built up over time, because every transaction is recorded and there might even be incentives to associate n…

> Google scans your Docs for blasphemy against Fauci

What is this referencing? I'm just curious, this is something I haven't heard about.

Re: Filecoin, StorJ and the problem with decentralized storage (2019)

#79
post #63

Not very interesting. There are ways to solve all of these concerns--no fees are paid during the first X months, nodes periodically tested for bandwidth, etc. etc. Just because the author didn't bother to think it through doesn't mean it's not straightforward. The whole idea of a blockchain is reputation CAN be built up over time, because every transaction is recorded and there might even be incentives to associate n…

What do you base AWS storage having "an enormous markup" on? AWS has a type of storage to meet any access need / budget. S3 Glacier Deep Dive for example is perfect for storing archival items and costs $0.00099 per GB-month. So you can store a TB for about $1 per month. There are even options like S3 Intelligent Tiering that enable you to store objects on S3 Standard and it will intelligently move them to lower-cost…

It’s like the people who seriously touted Bitcoin as a cheaper payment mechanism in than credit cards 2013. Few of them explored how ~3% fees are a balance between customer rewards, regulatory priorities, and merchant convenience. In places like Australia regulators made other choices, largely eliminating rewards programs and capping interchange fees at around a tenth of what they are in the US.

There are good arguments for decentralization and censorship resistance, but from a first principles perspective scale and market pressures are good bets for delivering cost efficiencies.

Re: Filecoin, StorJ and the problem with decentralized storage (2019)

#80
post #78

Not very interesting. There are ways to solve all of these concerns--no fees are paid during the first X months, nodes periodically tested for bandwidth, etc. etc. Just because the author didn't bother to think it through doesn't mean it's not straightforward. The whole idea of a blockchain is reputation CAN be built up over time, because every transaction is recorded and there might even be incentives to associate n…

> Google scans your Docs for blasphemy against Fauci What is this referencing? I'm just curious, this is something I haven't heard about.

https://reclaimthenet.org/google-drive-takes-down-user-file-...

Discussion: https://news.ycombinator.com/item?id=23275308

As usual, it may not be what you think.

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