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I wish this article mentioned something about BitSwap; before reading the IPFS paper, I was doubtful about anyone wanting to participate without incentives. St
by dperfect 11y ago
I wish this article mentioned something about BitSwap; before reading the IPFS paper, I was doubtful about anyone wanting to participate without incentives.
Still, even after skimming the paper, it sounds like a lot really depends on how well BitSwap is implemented. At one point, the paper says this:
> While the notion of a barter system implies a virtual currency could be created, this would require a global ledger to track ownership and transfer of the currency. This can be implemented as a BitSwap Strategy, and will be explored in a future paper.
So it kind of sounds like they need something like bitcoin, but don't want it to be tightly coupled to bitcoin - which is probably smart. But without a single clear solution for a reliable BitSwap strategy (and I'm not sure how it could be reliable without a distributed global ledger of some kind), it's hard to see how/why the necessary resources will be contributed to the IPFS network.
- _prometheus 11y agoCheck out another protocol we (the IPFS creators) are working on: http://filecoin.io http://filecoin.io
- dperfect 11y agoInteresting - I'll have to check it out. Thanks for pointing me to this. Really cool stuff by the way - I'm very excited to see people working on this, and I hope IPFS (or something like it) is successful.