3 ms·
It's been tried before on Eth... can't recall the name now but the biggest issue is the Gas price/cost to post any update. As with all(Most) Blockchains ~ it s
by edf13 7y ago
It's been tried before on Eth... can't recall the name now but the biggest issue is the Gas price/cost to post any update.
As with all(Most) Blockchains ~ it simply is too expensive to store data. Especially at any scale.
- deweller 7y agoA typical solution to this is to store the data outside of the blockchain and then checkpoint a hash of the data snapshot into the blockchain at regular intervals. This provides tamper resistance to the data. Incentivizing users or organizations to store large amounts of data is still a problem of course.
- toomuchtodo 7y agoIt costs ~$1500 for the Internet Archive to store a TB of data forever. Cut them a check or provide an ongoing endowment (along perhaps with some technical resources to scale up a distributed web instead of existing solely in SF) for them to be storage of last resort (everything else can be a tier of caching on your platform). Let's Encrypt runs for around $3MM/year. Same budget for Internet Archive allows for adding storage for 2PB of content. Scale up accordingly. No blockchain! [1] [1] https://pbs.twimg.com/media/Die5UdaX0AALEtL.jpg https://pbs.twimg.com/media/Die5UdaX0AALEtL.jpg
- BlueTemplar 7y agoDepends... are decentralized version control systems like git "blockchains" or not?