5 ms·
What is it? There's no explanation of what it is in the website, although there is a whitepaper, documentation, a tutorial and a description of the protocol. F
by fiatjaf 9y ago
What is it? There's no explanation of what it is in the website, although there is a whitepaper, documentation, a tutorial and a description of the protocol.
From the whitepaper Abstract:
"A peer-to-peer cloud storage network implementing client-side encryption would allow users to transfer and share data without reliance on a third party storage provider. The removal of central controls would mitigate most traditional data failures and outages, as well as significantly increase security, privacy, and data control. Peer-to-peer networks are generally unfeasible for production storage systems, as data availability is a function of popularity, rather than utility. We propose a solution in the form of a challenge-response verification system coupled with direct payments. In this way we can periodically check data integrity, and offer rewards to peers maintaining data. We further propose that in order to secure such a system, participants must have complete anonymity in regard to both communication and payments."
- fiatjaf 9y agoSomewhat related: why every project out there that wants to appear as serious has to publish a "whitepaper", which is basically any gibberish you want in a PDF format? (Not saying ORC is gibberish at all, but I do have seem the most simple and stupid ideas written in tech projects whitepapers over the last years.) Why can't a project write all it wants in HTML pages, with links, clickable topics, separated pages, images, code snippets, examples etc., everything that could make it better to read and understand?
- dna_polymerase 9y agoBecause whitepapers look scientific and somewhat professional. At least enough to let people believe a given project is worth an ICO investment. (Not ORC, but still, guys c'mon just give us the information on a website)
- api 9y agoIt reminds me of the Kickstarter and Angellist video fad.
- vertex-four 9y agoBecause of the Bitcoin whitepaper, its prominence in the Bitcoin community (it's almost a Constitution), and people wanting to replicate that.
- fiatjaf 9y agoI think I was mistaken (but this should hint at the state of the landing page design), there is actually a simple explanation of what it is if you scroll: "The ORC Project is a peer-to-peer network of computers that coordinate anonymously over Tor to allocate their unused hard disk capacity into a collective cloud. Developers can use the ORC network as an object storage platform in place of the popular cloud services offered by Amazon, Google, and Microsoft. Peers automatically pay each other based on storage used, bandwidth, and availability using the anonymous cryptocurrency Zcash for a fraction of the cost of using a traditional centralized cloud. In the ORC network, files are encrypted on the user's computer, shredded into smaller chunks, and then stored on many different computers around the world. Redundancy is achieved through the use of erasure codes so that your data can always be recovered even in the event of large network outages. ORC is completely decentralized, meaning that no single company or organization has control of your data, only you!"
- digi_owl 9y agoSounds very much like Freenet...
- woodandsteel 9y agoYeah, except it is all encrypted so only the person who owns the data can read it (unless of course they decide to make the key public), and you pay for the storage with zcash.
- polle626 9y agoSo basically it solves all Freenet problems?
- woodandsteel 9y agoWell, from what I understand, Freenet is a total darknet, with things like sites, email, discussion boards, and so on, whereas ORC is focused just on storage. In fact, ORC is riding on top of tor hidden services, which is also a total darknet.