Earlier quoted context omitted.
No, they are making rapid progress on ETH2. The beacon chain is the root chain for the other 63 shards that will be launched. That is the chain that is currently running in parallel with the ETH1 chain. See Vitalik's blog on rollups: https://vitalik.ca/general/2021/01/05/rollup.html
The official estimate[0] is 2022. Given the general track record of their development pace, I'd be surprised if it goes fully live before 2023. [0]: https://ethereum.org/en/eth2/
Skynet – Build a Free Internet
121–130 of 137 posts
Re: Skynet – Build a Free Internet
#122Re: Skynet – Build a Free Internet
#123> Skynet's speeds rival centralized providers and surpass all decentralized offerings. A typical Skynet download starts in under 500 ms and can stream at rates as high as 1 Gbps! I tried to download the PDF sample on the frontpage and the download never actually started. It kept waiting for the server to begin transmitting the file...
Tried the mp4. After a wait of 30 seconds or so, it started downloading at about 15 MBit/sec on a 200 MBit/sec broadband connection.
Re: Skynet – Build a Free Internet
#124We’ve been using Skynet for all our decentralized web projects at Namebase.io ever since they added Handshake naming support[1] — it’s been fantastic. It now takes us days to build things that previously took our intern a month to do. With censorship entering the zeitgeist nowadays I wouldn’t be surprised if the next big decentralized social network is build on Skynet. [1] https://siasky.net/docs/#handshake
Be warned of the large post mine coming to SiaCoin soon (the crypto-currency that powers Skynet). Massive inflation is coming to SiaCoin because of this to pay off Skynet Labs as they exit development on the Sia core protocol. David (aka Taek), the original creator, is leaving the Sia project to become a third party dev (working for the new Skynet Labs VC funded company) and will no longer be working on making the Si…
https://www.reddit.com/r/siacoin/comments/iox6ly/proposal_th...
It is also not correct to say I am "leaving" the Sia project, I will continue to work on Sia and Skynet as I always have, but administrative control over the codebase is being handed over to a non-profit foundation with a mandate of placing the community health and vision as its primary priority.
My own primary responsibility is to the bottom line of my company, and to the extent that Skynet Labs' bottom line is no longer perfectly aligned with the community's interests, we have created a foundation to ensure the community has a voice in how development progresses for the base layer.
I know that the 18,000 word letter you linked raises a lot of concerns about the project - from the history, to the speed of developemnt, to the core codebase, to the new Skynet initiative, to the economic model, to the team behind the project and the leadership behind the project, to the documentation, to the new initiative to hand over the project to the community, to the communtiy itself - but I don't believe the letter was written from a place of good faith, and I don't believe that most of the arguments hold up to scrutiny, especially if you compare the progress and decision making of the Sia project to competitors like Filecoin, Maidsafe, and Storj
Re: Skynet – Build a Free Internet
#125Earlier quoted context omitted.
There seems to be a lot of issues other than that. 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…
I am not a lawyer and this is not legal advice, but most jurisdictions have strong protections for providers hosting third party content so long as the providers are not aware that the content is problematic. If a provider is notified that there is problematic content on their machine, they have an obligation to take it down in a reasonable timeframe. Sia hosts already have tooling for complying with DCMAs and abuse…
We cannot rely on that continuing to be the case. Neither Trump nor Biden want Section 230 to keep going as it is.
Re: Skynet – Build a Free Internet
#126hey don’t call yourself Skynet. names tainted.
Re: Skynet – Build a Free Internet
#127Earlier quoted context omitted.
Is it still profitable to mine Siacoin locally?
No, they've made purpose-built silicon for sia mining and it is no longer viable to mine on general purpose compute. As far as storage mining - it may be. last check (november) filecoin was the most profitable to host your disk space for but required a rediculous amount of compute as well as disk space (latest gen GPUs, 128G ram, near-100% uptime).
Re: Skynet – Build a Free Internet
#128Earlier quoted context omitted.
My cofounder has been working on an upgrade for Sia that switches the core consensus engine to 'utreexo', which uses an accumulator rather than an entire blockchain history to verify new blocks and transactions. This brings down the effective size of the chain for users to just a couple of megabytes for the same history that currently takes 23 GB.
Note: Taek is the same user that the SiaSetup website (the main source of documentation about the project) is criticizing as "unstable project management". Be warned about this man before sinking any significant amount of personal time or money into this project. Source: https://siasetup.info/concerns-about-sia-and-skynet#banned
What would be in the spirit of this site is open, thoughtful critique that explained what the problems or criticisms are so that readers could make up their minds for themselves. "Be warned about this man" is a long way down from that. Please don't do that here, and especially please don't create accounts to do it with.
Re: Skynet – Build a Free Internet
#129Re: Skynet – Build a Free Internet
#130If 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
Does sharding help a fully verifying node to reduce the bandwidth needed for an Initial Block Download (IBD) ? Wouldn't it need to very each individual shard?