Bitcoin Forum

Yes I know this has been mentioned a hundred times before. BUT can anyone point me to any active efforts to make this happen.

In simple terms, I would like to see an efficient data store, such as a Kademlia DHT, in which the nodes are not only kept honest (proof-of-retention etc) but are actively incentivized with crypto-currency. You earn money by pimping out your hdd & bandwidth.

It will be truly revolutionary when applications do not have to depend on centralized services for data persistence. 

I feel that this is ridiculously important and I have the time and motivation to help make this happen. I would appreciate any pointers to groups/forums where something similar is being developed.

Check out Tahoe LAFS...

They have a few hundred BTC in reserve from donations (though they recently switched their donation address without any notice), so they could easily even pay someone to implement the needed accounting part.

Yeah I just saw their 210 BTC bounty from 2011 but I am not sure if that is still valid!

Confidence Chains does have the ability to do this.

It doesn't use Proof Of Work and it's impossible to exploit the network in the way eg. Color Coins does.

It's not a simple cloud storage network either like TahoeLafs, it's a distributed block chain similar to bitcoin, but there is no hashing.  It uses a specially designed algorithm with specific qualities.

How is this project of yours not using hashes but building a chain? ???

Also Tahoe is by far not "simple".

If I am given a way, I will contribute something.

Thanks.

I'm actually working on this exact thing. Getting a logo, and such together. Hopefully I will have something by the Vegas conference to present.

have a look at the whitepaper in my signature.

lots of stuff coming soon...

btw- it uses hashes to link the chain, but doesn't use a nonce or have a PoW requirement.

Can you give us a teaser? Are you starting from scratch or reusing something like Tahoe-Lafs?

Nothing yet. Don't want to healthcare.gov at this point.