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Author Topic: We introduce Proof-of-Replication algorithm  (Read 82 times)
FreeStreamer (OP)
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July 09, 2020, 05:52:38 PM
 #1

Here's a whitepaper of Proof-of-Replication algorithm. The mechanism that validates transactions in a P2P file sharing system integrated with a distributed ledger and prevents the double spending. This network stores unlimited amount of any kind of data. Not only money transactions. It does not need to copy and synchronize the ledger. It simply stores it in few random anonymous nodes.

https://coinlist.co/assets/index/filecoin_index/proof-of-replication-11058215db415a1d28b49c53166e93f4bbefa7b6434e048e65bf5b14c1139a1c.pdf
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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FreeStreamer (OP)
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July 12, 2020, 10:36:39 AM
Last edit: July 12, 2020, 07:24:04 PM by FreeStreamer
 #2

Here's a whitepaper of Proof-of-Replication algorithm. The mechanism that validates transactions in a P2P file sharing system integrated with a distributed ledger and prevents the double spending. This network stores unlimited amount of any kind of data. Not only money transactions. It does not need to copy and synchronize the ledger. It simply stores it in few random anonymous nodes.

https://coinlist.co/assets/index/filecoin_index/proof-of-replication-11058215db415a1d28b49c53166e93f4bbefa7b6434e048e65bf5b14c1139a1c.pdf

This is a node in a Mesh Network. Nothing is honestly decentralized using a centralized Internet Service Provider. A Mesh Network is free, secure and decentralize.
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July 12, 2020, 01:40:54 PM
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I remembered projects like this in 2018 but it sounds interesting
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July 12, 2020, 07:23:32 PM
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I remembered projects like this in 2018 but it sounds interesting

Yeah there was a project named TorCoin which has strangely been inactive since 2018. I wonder why.
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