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UnknownPersons (OP)
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January 23, 2018, 07:45:22 PM
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The purpose of filecoin is to decentralize the web, but how is it doing so? Maybe IPFS is, but I do not see how filecoin will do that, can someone explain it to me?
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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February 25, 2018, 03:47:47 AM
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imagine a world where database systems are hosted entirely on the blockchain system by miners.  Government can not raid or demand a company to turn over an individual's files nor can they shut down aspects of the internet at a vulnerable tipping point as they would have to take small miners down 1 by 1. 
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February 27, 2018, 08:41:54 PM
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February 27, 2018, 08:49:57 PM
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Quote from: UnknownPersons on January 23, 2018, 07:45:22 PM
The purpose of filecoin is to decentralize the web, but how is it doing so? Maybe IPFS is, but I do not see how filecoin will do that, can someone explain it to me?

Not to hijack - but also is sia coin already doing what filecoin is trying to build?
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