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Is this really an advantage of the fact that the system is trustless and the ownership of storage media is distributed? You can an imagine a system where Amazon
by zucker42 6y ago
Is this really an advantage of the fact that the system is trustless and the ownership of storage media is distributed? You can an imagine a system where Amazon owns all the hard drive but still distributes/duplicates files across many different hard drives, matching the theoretical performance characteristics of Filecoin. In fact storing data on S3 from my cursory understanding already distributes data across multiple drives based on their durability claims.
- rudolph9 6y agoThe advantage is the flexibility. I kind of went on a rant about this [here][1] but to answer your question more directly; the advantage is how the flexibility the addressing mechanism provides. Blockchain-tokens are frankly kind of boring, they solve the double spend problem. What's interesting is the trustless distributed system tech is being developed around them! [1]: https://news.ycombinator.com/item?id=24218074 https://news.ycombinator.com/item?id=24218074