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Filecoin Foundation Successfully Deploys IPFS in Space

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Re: Filecoin Foundation Successfully Deploys IPFS in Space

#21

Post by timtom39 »

thefounder wrote: post #13
dannyw wrote: post #7

Filecoin is probably one of the few cryptocurrencies with intrinsic value, even if the amount is debatable. IPFS has stood the test of time and seems like a good protocol; and a cryptocurrency that can be used to pay for storage is not valueless.

Why the torrents didn’t move to IPFS already? I think it looks more like DoA than standing the test of time. From my experience it’s a “heavy tech”/resource hog hog that does not appeal neither to developers nor to end users(it has no killer app)

I would like to add that IPFS pretty much doesn't run on spinning rust or slow CPUs. A PI or other low end box can easily run torrents with an external harddrive. IPFS can't download large files at a reasonable speed on slow hardware.

Re: Filecoin Foundation Successfully Deploys IPFS in Space

#22

Post by jrwr »

grumbel wrote: post #10
dannyw wrote: post #7

Filecoin is probably one of the few cryptocurrencies with intrinsic value, even if the amount is debatable. IPFS has stood the test of time and seems like a good protocol; and a cryptocurrency that can be used to pay for storage is not valueless.

Has it? I have never seen anybody using IPFS in the wild, even projects for which it should be well suited (archive.org, Linux package distribution, Git, Lemmy, Imgur, CivitAI), don't use it. Worse yet, IPFS still provides no real way to deal with private or local data, which drastically limits its use. I love the idea about data being addressable by hash, but I don't feel IPFS has actually delivered anything meaning…

IPFS also has issues with large datasets, anything larger then a few TBs cases nodes to explode and indexing takes forever.

Re: Filecoin Foundation Successfully Deploys IPFS in Space

#23

Post by otbutz »

blamestross wrote: post #2

Well the caching aspect of IPFS is useful for space, the transport protocols are way too chatty and latency sensitive for real usage.

Isn't the QUIC transport the default since v0.6.0? Compared to TCP, it's much better suited for satellite communications.

Re: Filecoin Foundation Successfully Deploys IPFS in Space

#24

Post by grumbel »

diggan wrote: post #18
grumbel wrote: post #10

Earlier quoted context omitted.

Has it? I have never seen anybody using IPFS in the wild, even projects for which it should be well suited (archive.org, Linux package distribution, Git, Lemmy, Imgur, CivitAI), don't use it. Worse yet, IPFS still provides no real way to deal with private or local data, which drastically limits its use. I love the idea about data being addressable by hash, but I don't feel IPFS has actually delivered anything meaning…

> there is also the legal problem that IPFS conflicts with copyright. Redistributing anything is illegal by default I think you might misunderstand how IPFS works, or possibly confuse it with Freenet. When you use IPFS, nothing is automatically distributed, unless they happen to know the hash of the content you've added locally. It's not until someone starts to explicitly request data from you, that you start sharing…

Everything in your local cache is redistributed, meaning every single website you view through IPFS ends up getting potentially redistributed. Can you guarantee that each and every item you view on the Web allows redistribution?

Re: Filecoin Foundation Successfully Deploys IPFS in Space

#25

Post by rglullis »

grumbel wrote: post #10
dannyw wrote: post #7

Filecoin is probably one of the few cryptocurrencies with intrinsic value, even if the amount is debatable. IPFS has stood the test of time and seems like a good protocol; and a cryptocurrency that can be used to pay for storage is not valueless.

Has it? I have never seen anybody using IPFS in the wild, even projects for which it should be well suited (archive.org, Linux package distribution, Git, Lemmy, Imgur, CivitAI), don't use it. Worse yet, IPFS still provides no real way to deal with private or local data, which drastically limits its use. I love the idea about data being addressable by hash, but I don't feel IPFS has actually delivered anything meaning…

I was working on the same building as the team from Protocol Labs. I talked with a couple of devs and it seems like they never even considered that most people who would be interested in running a node would like to have control over who gets access to the pinned files. I think I opened a ticket asking for an ACL system, but it got closed.

I really had high hopes for it, but I realized that all I really want is an object storage with content addressable urls.

Re: Filecoin Foundation Successfully Deploys IPFS in Space

#26

Post by jillesvangurp »

dannyw wrote: post #7

Filecoin is probably one of the few cryptocurrencies with intrinsic value, even if the amount is debatable. IPFS has stood the test of time and seems like a good protocol; and a cryptocurrency that can be used to pay for storage is not valueless.

On paper yes. In practice a lot of these crypto coins are dominated by get rich quick types that treat the bit that actually generates value as an afterthought. I've not seen much evidence that Filecoin is any different.

The benchmark for success here would be people participating being able to earn meaningful amounts of file coin simply by hosting ipfs data. Is that even remotely profitable at this point?

IPFS as a technology is fine. It seems to work well enough though there are some resilience and scaling challenges. Your data basically disappears unless you ensure it doesn't Which is where filecoin and other incentives come in. Basically it requires you to pay for someone to host your content. Because others won't unless they happen to have downloaded your content in which case it may linger on their drive for a while.

My guess is that the whole Filecoin thing is scaring away a lot of enterprise users though.

What it boils down to is that things like s3 and other storage solutions are pretty robust and affordable as well if you are going to pay for hosting the files anyway. And probably a lot easier to deal with. So, for most companies they might look at it and then use something like S3. The whole business of having to buy some funny coins on a dodgy website is a bit of a nonstarter in most companies.

Re: Filecoin Foundation Successfully Deploys IPFS in Space

#27

Post by josu »

dannyw wrote: post #7

Filecoin is probably one of the few cryptocurrencies with intrinsic value, even if the amount is debatable. IPFS has stood the test of time and seems like a good protocol; and a cryptocurrency that can be used to pay for storage is not valueless.

Just some perspective:

Price (market cap): ~3B

Annualized revenue based on the last 30 days: 3M.

Intrinsic value based on perpetual DCF assuming 5% interest rate: 60M.

Re: Filecoin Foundation Successfully Deploys IPFS in Space

#28

Post by [deleted] »

rglullis wrote: post #25
grumbel wrote: post #10

Earlier quoted context omitted.

Has it? I have never seen anybody using IPFS in the wild, even projects for which it should be well suited (archive.org, Linux package distribution, Git, Lemmy, Imgur, CivitAI), don't use it. Worse yet, IPFS still provides no real way to deal with private or local data, which drastically limits its use. I love the idea about data being addressable by hash, but I don't feel IPFS has actually delivered anything meaning…

I was working on the same building as the team from Protocol Labs. I talked with a couple of devs and it seems like they never even considered that most people who would be interested in running a node would like to have control over who gets access to the pinned files. I think I opened a ticket asking for an ACL system, but it got closed. I really had high hopes for it, but I realized that all I really want is an ob…

[deleted]

Re: Filecoin Foundation Successfully Deploys IPFS in Space

#29

Post by pclmulqdq »

rglullis wrote: post #25
grumbel wrote: post #10

Earlier quoted context omitted.

Has it? I have never seen anybody using IPFS in the wild, even projects for which it should be well suited (archive.org, Linux package distribution, Git, Lemmy, Imgur, CivitAI), don't use it. Worse yet, IPFS still provides no real way to deal with private or local data, which drastically limits its use. I love the idea about data being addressable by hash, but I don't feel IPFS has actually delivered anything meaning…

I was working on the same building as the team from Protocol Labs. I talked with a couple of devs and it seems like they never even considered that most people who would be interested in running a node would like to have control over who gets access to the pinned files. I think I opened a ticket asking for an ACL system, but it got closed. I really had high hopes for it, but I realized that all I really want is an ob…

ACLs are fundamentally incompatible with blockchains. Your only solution is to encrypt those files, and have off-chain key management if you ever want to revoke access.

Re: Filecoin Foundation Successfully Deploys IPFS in Space

#30

Post by bunderbunder »

I'm still a little lost. Could someone more knowledgeable than me explain how operations in space would benefit from a public content-addressable filesystem?

This seems like the kind of application that works best when bandwidth and storage are cheap, and I would have assumed that that, in space, both are about as far from cheap as you can get.

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