11–20 of 137 posts
Sia is an amazing project with a team who is extremely talented and passionate, but Skynet is the future. They've built a fully decentralized CDN and it's incredible. Ten years from now, I can see it being the norm for startups and maybe even larger companies to use decentralized CDN's like this. I hope Coinbase adds Siacoin for trading soon, since they participated in integrating Rosetta.
Earlier quoted context omitted.
I agree! Ethereum is already to big and too expensive to use. I hold a lot but worry about both BTC and Ethereum. Normal people can no longer use either chain for everyday transactions and at this rate Ethereum will never work as a global computer. To me only Bitcoin Cash and Monero really have their use cases and code sussed out. Sia (and filecoin) work great but both have issues with their insentives, in Sia's case…
ETH has already solved scalability with Zero Knowledge Proofs and Optimistic Rollups. Some dapps are clocking 2000 transactions per second. Also, ETH 2's initial beacon chain has launched and when ETH2 fully rolls out, there will be 64x that available on the network.
Also when will ETH2 roll out?
This sort of seems like a competitor to IPFS, no?
Yes. One of founders talks about the two problems with IPFS they saw that led them to build it in this comment from a past thread: https://news.ycombinator.com/item?id=24626748
* Skynet uses a point-to-point protocol rather than a DHT, which not only makes it faster, it's also more robust to abuse. DHTs are pretty famously fragile to things like DDoS and active subversion, and Skynet has been designed to be robust and high performance even when malicious actors are trying to interrupt the network.*
How is P2P used rather than DHT
It's only a matter of time before this project gets a cease & desist from Disney. (Disney owns 20th Century Studios, formerly 20th Century Fox, owner of the Terminator franchise.)
Earlier quoted context omitted.
ETH has already solved scalability with Zero Knowledge Proofs and Optimistic Rollups. Some dapps are clocking 2000 transactions per second. Also, ETH 2's initial beacon chain has launched and when ETH2 fully rolls out, there will be 64x that available on the network.
Please elaborate. Also when will ETH2 roll out?
Disclosure: I mined Siacoin for years and have hundreds of thousands of tokens. Sia is an amazing project with a team who is extremely talented and passionate, but Skynet is the future. They've built a fully decentralized CDN and it's incredible. Ten years from now, I can see it being the norm for startups and maybe even larger companies to use decentralized CDN's like this. I hope Coinbase adds Siacoin for trading s…
After skimming a bit, I don't see how they plan to deal with abuse. Especially if there's no size limitation on files.
https://siasetup.info/concerns-about-sia-and-skynet
"Sia hosts have always had questionable liability over what they store as hosts. These concerns are likely to amplify with Skynet, where a host may hold a whole unencrypted file and serve it to a portal or public users, exposing the host as being the one that holds a file that may infringe copyright or be illegal in some other way."
If you are using Skynet for your project, I believe you need to run a node, which will require downloading the 23GB [1] blockchain from sia. I really hope these blockchain based projects can solve the sharding problem. These blockchains are getting so big. [1] https://siastats.info/blockchain_size
I agree! Ethereum is already to big and too expensive to use. I hold a lot but worry about both BTC and Ethereum. Normal people can no longer use either chain for everyday transactions and at this rate Ethereum will never work as a global computer. To me only Bitcoin Cash and Monero really have their use cases and code sussed out. Sia (and filecoin) work great but both have issues with their insentives, in Sia's case…
If you are using Skynet for your project, I believe you need to run a node, which will require downloading the 23GB [1] blockchain from sia. I really hope these blockchain based projects can solve the sharding problem. These blockchains are getting so big. [1] https://siastats.info/blockchain_size