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Filecoin: Proof of Storage Systems

blog.coinlist.co

1–10 of 53 posts

Re: Filecoin: Proof of Storage Systems

#2
> We created Filecoin because the amount of data humans generate is exponentially increasing, and we need more efficient ways to store and access it.

I don't think Filecoin can be MORE efficient than some of the larger, current systems.

I actually think this statement is misleading. It should say that Filecoin's goal is to offer storage options that are distributed (hence redundant), protected from censorship, and possibly removed from absolute control of a single large corporation.

Re: Filecoin: Proof of Storage Systems

#3
That is not what matches my mental model of a "deep dive," but was interesting enough to warrant an upvote

For example, the phrase "decentralized marketplace of storage providers and choose the one" was just glossed over -- through what mechanism does one choose a storage provider? Is there an API that (for example) a container storage interface provider could consume? like that kind of "choose a provider"?

I also would have enjoyed more hyperlinks for terms such as zk-SNARK, and "a storage miner" which is similarly glossed over

Re: Filecoin: Proof of Storage Systems

#6

> We created Filecoin because the amount of data humans generate is exponentially increasing, and we need more efficient ways to store and access it. I don't think Filecoin can be MORE efficient than some of the larger, current systems. I actually think this statement is misleading. It should say that Filecoin's goal is to offer storage options that are distributed (hence redundant), protected from censorship, and po…

Almost by definition, it simply can not be more efficient.

Re: Filecoin: Proof of Storage Systems

#7
post #5

How is Filecoin different from Sia coin? I remember a while ago hearing about both trying to decentralize storage but never kept up with it enough to really suss out the difference

Sia seems like a Dropbox/OneDrive replacement whereas Filecoin is an incentivized storage layer infrastructure for apps to use, especially dapps.

If you wanted to build a decentralized SoundCloud you couldn't use Sia but IPFS/Filecoin is the primary building block of such a dapp.

Re: Filecoin: Proof of Storage Systems

#8
post #5

How is Filecoin different from Sia coin? I remember a while ago hearing about both trying to decentralize storage but never kept up with it enough to really suss out the difference

My 2 cents is that they just have different methodologies driving them. Sia is shipping a working network early and updates are arriving often.

Filecoin seems to be taking an approach more like Holochain stuff. Meaning they are shipping early and often but only internally and you'll get to see it when its ready™.

Re: Filecoin: Proof of Storage Systems

#10
This article seems like it was written in 2017, not 2020.

Filecoin raised over $200m and hasn't shipped anything that I'm aware of in 3 years. Maybe it will be revolutionary, but the crypto industry has long moved on from white whale projects that don't ship.

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