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Sia records the data on chain (this is a little reductionist) where as filecoin opens up a market for storage and retrieval. Sia requires you to run a full node
by shakezula 6y ago
Sia records the data on chain (this is a little reductionist) where as filecoin opens up a market for storage and retrieval. Sia requires you to run a full node to interact with the chain and data, filecoin does not. Sia is gearing their product towards a different use case, the most compelling being personal backups imo.
Filecoin is attempting to create an ecosystem around theirs with an in depth market around different actions on-chain.
They make different trade offs. But it’s incredibly premature to call Filecoin “poorly executed”. The connotation around “look at sia to see something that actually works” completely disregards that there are other decentralized storage providers that “actually work” and that Sia has some key drawbacks too, performance and node management being notable ones.
- yupyup54133 6y ago> Sia records the data on chain (this is a little reductionist) where as filecoin opens up a market for storage and retrieval. Sia requires you to run a full node to interact with the chain and data, filecoin does not. Sia is gearing their product towards a different use case, the most compelling being personal backups imo. Everything you wrote is no longer true of Sia and Skynet. Your information is extremely out of date.
- abrookewood 6y agoI think your comment would be better received if you explained how the parent's information was out of date. As it stands, this isn't really helpful.
- nemo1618 6y ago> Sia records the data on chain where as filecoin opens up a market for storage and retrieval I think what you're trying to say is that with Sia, you are responsible for choosing which hosts store your data, whereas with Filecoin, you submit an open contract to the network, and any host that satisfies your terms can claim it. Both platforms have a market, but Sia's is off-chain and Filecoin's is on-chain. (Also, to be clear, Sia doesn't store actual file data on the blockchain itself -- it's been clear since the early days of Bitcoin that storing large amounts of data on-chain isn't viable.) > Sia requires you to run a full node to interact with the chain and data Technically it's always been possible to store and retrieve data without running a full node (you just need a few secret keys, hashes, and IP addresses), but I'll grant that it hasn't been very user-friendly until recently. > performance Can you be more specific?