4 ms·
Their incentive idea is realistic, it will work. My research team has build very similar operational systems over the past 8 years. "Decentralized credit minin
by synctext 11y ago
Their incentive idea is realistic, it will work.
My research team has build very similar operational systems over the past 8 years.
"Decentralized credit mining in P2P systems", IFIP Networking 2015
"Towards a Peer-to-Peer Bandwidth Marketplace", 2014
"Bandwidth as a computer currency", news.harvard.edu/gazette/story/2007/08/creating-a-computer-currency/, (PRE-Bitcoin), 2007
Their work is still early, essential thing about this type of approach is spam. You can often trick people into caching stuff. So not your typical DDoS anymore, but another resource eater. Plus there is the counterintuitive oversupply problem: <more citations to our own work> "Investment Strategies for Credit-Based P2P Communities"