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It is an interesting concept but there are a lot of problems. If people are just achieving the links, and if the links go dead after a certain time; there is no value to the stored link. If you want to save whole webpage on the blockchain , that will cost a lot of space. I dont think we have that much scalability in any of the current blockchain.
Without sharding of the blockchain, saving a whole blockchain on a computer will never be successful. How is that supposed to happen?
Without sharding of the blockchain, saving a whole blockchain on a computer will never be successful. How is that supposed to happen?
Very interesting about Blockweave. Is it similar to XRB, IOTA or Byteball's tangle data structure? The whitepaper doesn't explain much on how it achieves consensus.
Hi,
Thank you for the feedback. We do try and explain how our blockweave implements true scaling in the whitepaper, but if it wasn't clear, then perhaps we can do better. To quickly summarise: the blockweave incentives even distribution of the data because a randomly selected old block is required in the mining of each new block. In this way, mining can only efficiently be achieved by storing
a) the whole blockweave (this is what we expect people to do early on)
or, if storing the whole blockweave is not feasible
b) storing the bits of the blockweave that are least stored by everybody else.
In this way, as the blockweave becomes too large to store in one place, the best strategy for each miner individually results in an even spread of the stored data across the group.
After the ICO on Sept 18 when will holder receive their tokens? I hope they will not be locked until genesis Q1 or Q2 2018?
Hi,
You will recieve your public/private key immediately, and will be able to use your wallet on the testnet as soon as it is live.
Obviously, tokens wont be available for full use until the genesis block is released.
Another major concern that I have with any plugin that gets installed on my browser is leaking my privacy from that plugin. Is the sourcecode going to be open so that we can be certain that a plugin which has access to my web history will not be secretly collecting my browsing history.
We will open source everything related to archain.
