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.
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.
