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Arweave (https://www.arweave.org/ https://www.arweave.org/) is attempting it. Of course, we'll have to wait and see if they're successful.
by djwhitt 6y ago
Arweave (https://www.arweave.org/ https://www.arweave.org/) is attempting it. Of course, we'll have to wait and see if they're successful.
- thebean11 6y agoI would assume that eventually the cost of "old storage" will be too much and new payments wouldn't be able to subsidize it anymore (sort of like a failing Ponzi scheme) but to be fair I haven't heard of this. Thanks for the link!
- djwhitt 6y agoYou're welcome! I have some questions about how the network is going to play out over time wrt mining centralization and access incentivization, but their overall funding model seems sound to me. It's based an endowment that pays out over time to fund storage mining. Their yellow paper (https://www.arweave.org/yellow-paper.pdf https://www.arweave.org/yellow-paper.pdf) is worth a read if you want to learn about all the details.