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There's a Dapp for that:
https://en.wikipedia.org/wiki/InterPlanetary_File_System
Interesting points:
- there is no token, and so IPFS isn't as sexy as some of the stuff running on Ethereum
- there may be no role to be played by VCs in advancing IPFS.
There's a lot of innovation going on that ticks both boxes. I'm curious to see how venture funding will adapt (or not).
crypto should not mean cryptocurrency it should mean cryptography
(with credits to https://twitter.com/musalbas/status/973600356377808896)
Error establishing a database connection There's a Dapp for that: https://en.wikipedia.org/wiki/InterPlanetary_File_System Interesting points: - there is no token, and so IPFS isn't as sexy as some of the stuff running on Ethereum - there may be no role to be played by VCs in advancing IPFS. There's a lot of innovation going on that ticks both boxes. I'm curious to see how venture funding will adapt (or not).
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It's currently backed by ETH but is moving towards multi-collateral assets. Today, they announced a partnership with Omisego [1], with one goal to allow OMG to be used as a type of collateral. There's also chatter about using DIGIX, which is another stablecoin pegged to the price of gold. The mechanism by which they maintain stability is quite fascinating. From the whitepaper [2]: > The Dai Target Price is used to de…
How does the system gets information about its own price in relation to the US dollar?
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Maybe it wasn't important at the time. Instagram only became wildly popular after they introduced stories, which they didn't have at the time, did they?
Instagram passed Twitter's DAU count well before the introduction of stories. https://www.yahoo.com/news/instagram-hits-300-million-users-... Stories is what they introduced to kill Snapchat's growth.
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There's no value here! Even their own examples are so tenuous it's bizarre to me that anyone could post that with no sense of shame. 'what if what people know for free today would be wrapped up in an insane network of constantly negotiating prices for that same information'
I respect your point of view. I like the project as i like Golem. They are trying to build decentralized cloud services on top of an existing blockchain. Hacker news is not read by idiots, so please don't accuse me of trying to deceive readers. The average reader here is quite smart, they don't need your defense.
So what Dapps does anyone here use apart from decentralized exchanges and crypto kitties? One I came across recently that looks promising is joy stream: http://joystream.co Joy stream appears to be a service which rewards people for hosting torrents. I could see this being used by a lot of people. Are their any services that provide usage figures for any of these Dapps? I’d be curious to know how much they are used a…
The closest I've seen to this, eg. an Alexa.com/AppAnnie for Dapps, is https://dappradar.com.
It measures DAUs, transaction counts and daily/weekly tx value (in ETH) across many Ethereum smart contracts. It's not perfect but does provide a decent standardized view of some Dapp usage/traction.
So, I might be an idiot. I investigated “Dapps” the other day, and I’m struggling to see the point of these. Yes, they use a blockchain to store their data, and their data manipulation logic (“contract”, or schema, and stored procedures as we’d call it in the RDBMS / Monolith days). The UI, and such is all run by some centralized entity. If the App needs cryptocurrency in order to work, you have to run your own walle…
You can host the UI wherever you want. You can put it on IPFS, you can broadcast it as a bittorrent, you can put it on Github, you can put it in a pastebin, you can even put it on the blockchain. A lot of developers choose to have a replica hosted on traditional HTTP for easy onboarding, but the point is that the application itself can be completely decoupled from the developer. Even if the developer hosts their app…
Also, last I checked, IPFS is not censorship resistant: https://github.com/ipfs/faq/issues/36#issuecomment-140567411
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Sure, but when vetting a baseball player you check the batting average; when handicapping a horse you check the races they've lost for conditions they can't handle as well; when comparing Halo player stats you check the kill/death ratio. Vetting a VC only by wins is missing quite a bit of information, presumably. It can at the very least tell you about potential blind spots and some idea how much actual skill may be…
And batting .300 is considered good -- high rate of failure doesn't necessarily mean something is bad. The metric VCs are judged on is financial return. If they invest in one company that gets them 200x return and 20 that lost all money, they've still done well at their job
That .300 is considered good today based on the current environment of the sport and in comparison among peer groups. That same .300 looks shabby in a previous era or in particular sub-leagues or among particular types of batters (your benchmark for designated hitters might be higher given their only focus is hits, for instance).
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You can host the UI wherever you want. You can put it on IPFS, you can broadcast it as a bittorrent, you can put it on Github, you can put it in a pastebin, you can even put it on the blockchain. A lot of developers choose to have a replica hosted on traditional HTTP for easy onboarding, but the point is that the application itself can be completely decoupled from the developer. Even if the developer hosts their app…
But, if you put it on IPFS, what hosts the wallet, and wallet API? Also, last I checked, IPFS is not censorship resistant: https://github.com/ipfs/faq/issues/36#issuecomment-140567411
Which wallet? You can use whatever wallet you want which supports the functionality the DApp requires. There are dozens of wallets, some are in-browser.
> Also, last I checked, IPFS is not censorship resistant: https://github.com/ipfs/faq/issues/36#issuecomment-140567411
While I didn't mention anything about censorship, I suggest reading that entire thread and its continuation. All it discusses is the ability to have curated blocklists. It's up to you whether you want to use them or not.
What I did mention is that you don't have to use any specific replication protocol. Don't like IPFS? Use something else.
If you did want to use IPFS and you're concerned about censorship, then consider that IPFS is a distributed hash table protocol with some default client rules. If you don't use their default bootstrapping nodes, you can create your own IPFS network. In fact, IPFS is totally usable in an isolated local network, or even over a sneaker net.