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<whyrusleeping>
i'm alove
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<whyrusleeping>
alive*
<Kubuxu>
I was getting worried
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<libman>
Yaay
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<flyinglasanga[m]>
If someone was to take initiative on another implementation of ipfs for some unique purpose, would that be retroactively incentivized in some way assuming it is a robust solution?
<flyinglasanga[m]>
Rust-ipfs or what have you
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<Bat`O>
flyinglasanga[m]: there is various discussion in the issues for this topic
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<TheTrueHooha>
Hello. I had a question from my friend.
<crankylinuxuser1>
sure, ask.
<TheTrueHooha>
See, I'm trying to get him to use IPFS for his project but his concern is that it uses something called "FileCoin" for its blockchain, rather than the much-more popular Bitcoin blockchain. Why is this?
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<crankylinuxuser1>
Its still not quite out yet. The essence is, what reason do you have to host *my* stuff?
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<Kubuxu>
TheTrueHooha: IPFS doesn't use filecoin, Filecoin will be build on IPFS protocol
<crankylinuxuser1>
Filecoin is a way to benefit users for hosting others' content. And it prevents the tragedy of the commons, of spammers and low-quality content from clogging up the 'net and disk space.
<Kubuxu>
due to quite exotic requirements for Filecoin it would not be possible to build it on Bitcoin
<crankylinuxuser1>
I think it's the proof-of-storage, that's the problem, right?
<TheTrueHooha>
Was that in reply to me, crankylinuxuser1?
<TheTrueHooha>
His concern is with the Filecoin blockchain only, it seems. His concern is that Alt-Coins other than Bitcoin may fail to gain enough popularity to survive more than a few years while Bitcoin continues
<TheTrueHooha>
Oh
<TheTrueHooha>
Oh, he confused me then
<crankylinuxuser1>
whereas bitcoin uses proof-of-work with finding primes.
<TheTrueHooha>
I thought that IPFS used its blockchain
<Kubuxu>
crankylinuxuser1: it is more complex than that
<Kubuxu>
there will be some info in close future
<crankylinuxuser1>
IPFS doesnt use a blockchain. It's a distributed Merkel DAG.
<crankylinuxuser1>
Kubuxu: I figured that was the case.. Im trying to go with generalities, not implementation-specific detail.
<crankylinuxuser1>
Really, the problem with IPFS is, how do I encourage you to store my stuff, and use your bandwidth to assist in transmitting it? That was the reason for the idea of a "coin"
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<crankylinuxuser1>
Viral stuff self-propagates and all. But if you have a bunch of content and you personally have a crappy connection to the net, something like filecoin could make this easy - you just pay to have /ipfs/hash backed up, and money goes to relevant parties. (I'm sure it will be more complicated.. But just a high level view)
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<xelra>
I think the problem is that it will be hard to ensure that hosters will get at least about 2 cents per GB per month. Filecoin will be having currency fluctuations like everything else. But the cost of hosting will be steady. I think there's a high risk that investors will make losses.
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<xelra>
The prices from Backblaze B2 are very realistic. Anyone trying to compete with that will have a hard time already.
<xelra>
My personal hope is that there will be companies that offer backup solutions or similar, that outsource their storage needs to ipfs and filecoin.
<crankylinuxuser1>
I think the other neat thing here, is the idea that CDN's and storage networks could be paid to provide /ipfs/hash as a set storage cost, and Y bandwidth. And it could be completely anonymous since the content is the proof, not whom.
<xelra>
voker57: Not really. That's based on a promise that can easily be broken.
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<xelra>
And yeah. $0.14 per gigabyte month. <- lol
<voker57>
yeah I did not mean filecoin, just pay-for-pin
<xelra>
That's the most expensive hosting I've seen in a long time. :)
<voker57>
you're welcome to offer cheaper service ^^
<xelra>
If I make something in the range of what Backblaze B2 costs with my filecoin server. I'll be satisfied. I'm not doing this for profit primarily. Not for losses either though.
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<xelra>
I'll be selling my car for the server, because I believe in the idea.
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<xelra>
Personally I've been thinking a lot though how filecoin mining will work at all. Comparing it to Bitcoin, I think it will be less mining and more what is known as transaction fees.
<xelra>
Because there's no "solution" to be calculated to anything.
<lemmi>
one simple idea of a proove of storage is to request a rehash a file with a given extra bit of data
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<lemmi>
i don't find it very elegant and assume there are better ideas, but it should work
<voker57>
filecoin paper 1.0 includes asking for random piece's hash
<lemmi>
voker57: that still has the same flaw that you need the keep the data yourself to generate a proper request
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<lemmi>
but computationally much more convenient
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<voker57>
you need to keep hashes of some pieces, not pieces + it's more complicated.
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<lemmi>
voker57: but then you need generate a list of requests beforehand.
<lemmi>
and maybe you find later that you haven't generated enough
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<Kubuxu>
what I can say is that Filecoin construction will blow your minds :P
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<achin>
my mind is ready!
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