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Bitcoin Forum > Alternate cryptocurrencies > Altcoin Discussion > Filecoin - Proof-of-Retrievability
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jbenet (OP)
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July 17, 2014, 02:55:21 PM
 #1
greetings all,

figured you'd be interested in this:

- http://filecoin.io/
- http://filecoin.io/filecoin.pdf

cheers,
jbenet
"In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle." -- Satoshi
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AliceWonder
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July 17, 2014, 03:06:39 PM
 #2
Um no, I'm not going to get busted providing storage for someone elses kiddie porn.

And cloud storage is so damn cheap I don't see many other uses for it.
QuarkCoin - what I believe bitcoin was intended to be. On reddit: http://www.reddit.com/r/QuarkCoin/
fishy91
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July 17, 2014, 03:23:31 PM
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What if you store something and the various computers storing your file are all offline? How do you get your file back? You could be waiting for days until one of them goes back online and starts mining again.
PartTimeLegend
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July 17, 2014, 03:24:14 PM
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I have about 3 zebibytes of storage at my disposal. If I ran this, I would likely be the entire network with the data centre.

So what is to prevent someone with my means performing this 51%+ attack?
fishy91
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July 17, 2014, 03:27:04 PM
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This sounds like maidsafe coins's idea anyway. Is there any difference between the two coins?
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