Have you ever thought about storing some of your data in place where it is safe and cannot be deleted by VPS provider or by yourself accidentally? Do you want a place where you can always get The Pirate Bay and Wikileaks dump even if your provider blocked access to them? Are you a developer who needs to store critical information of your application in reliable storage? Or are you an investor who wants to sell other people these possibiities? If so, Datacoin should attract your attention.
We gladly want to present you a new unique cryptocurrency Datacoin which basically provides you with some more featured usable option: it is intended to be reliable censorship-free data storage and a currency to pay for this storage. Information is money today, and datacoin is the most perfect implementation of these words. Data is stored in the blockchain “forever” (as long as blockchain exists) and can be retrieved with transaction hash as an identifier. It is considered as a platform to be used by applications (and not directly by users): torrent trackers, encrypted messaging services, etc.
Blockchain is not considered as a place to store heavy data like video files: this should be too expensive. Instead developers can store torrent files, certificates, possibly some HTML pages and other kinds of metainformation in Datacoin blockchain. Files are stored on local HDDs of all users participating in the Datacoin network. Each user has own full local copy of all Datacoin files.
Read the full post here:
http://www.cryptocoinsnews.com/2013/12/05/datacoin-reliable-censorship-free-data-storage-currency/
What do you think of Datacoin?
