4 ms·

I don’t get it - it’s promoted as environmentally friendly, but it doesn’t seem that 1EB is being used for any actual useful storage purpose. It’s locked up as

by jl6 6y ago

I don’t get it - it’s promoted as environmentally friendly, but it doesn’t seem that 1EB is being used for any actual useful storage purpose. It’s locked up as part of the running of the Chia system isn’t it?

GordonS 6y ago
I don't understand all the "green" claims either. It takes a lot of energy, resources, shipping miles and manhours to manufacture an HDD/SSD. Then you waste several hours of energy to "plot" the disk. Then you've got to keep the disk filled with random junk data and the hosting rig powered and connected to the internet to "farm" it. Plainly less resource-intensive than PoW (Proof of Work), but also very plainly far from a "green" solution. It just seems so monumentally wasteful. At least with the liked of Filecoin the disks can be used for actual storage. Does this Proof of Space approach have any real benefits over PoS (Proof of Stake)?
- devm0de 6y ago
  Bram has a talk where he goes into the issues with Proof of Stake, centralization and categories of issues that don't exist in proof of time and space: https://youtu.be/2Zlcgt8FVz4?t=510 https://youtu.be/2Zlcgt8FVz4?t=510
devm0de 6y ago
Chia team anticipates an S curve where adoption will level off and at that point it'll mostly be companies or people that have extra storage laying around and figure 'why not' store some plots on these disks to try to earn a bit of money. Or orgs plotting to new servers while they're waiting to be used, deleting plots as the storage is needed. They also argue it's more green because if you don't want to store the plots, you delete them and the storage is still available as normal storage for other purposes. With PoW, you have specialized hardware that isn't useful for other purposes and you burn a lot of electricity all the time securing the network.

4 ms·

I don’t get it - it’s promoted as environmentally friendly, but it doesn’t seem that 1EB is being used for any actual useful storage purpose. It’s locked up as

by jl6 6y ago

GordonS 6y ago
I don't understand all the "green" claims either. It takes a lot of energy, resources, shipping miles and manhours to manufacture an HDD/SSD. Then you waste several hours of energy to "plot" the disk. Then you've got to keep the disk filled with random junk data and the hosting rig powered and connected to the internet to "farm" it. Plainly less resource-intensive than PoW (Proof of Work), but also very plainly far from a "green" solution. It just seems so monumentally wasteful. At least with the liked of Filecoin the disks can be used for actual storage. Does this Proof of Space approach have any real benefits over PoS (Proof of Stake)?
- devm0de 6y ago
  Bram has a talk where he goes into the issues with Proof of Stake, centralization and categories of issues that don't exist in proof of time and space: https://youtu.be/2Zlcgt8FVz4?t=510 https://youtu.be/2Zlcgt8FVz4?t=510
devm0de 6y ago
Chia team anticipates an S curve where adoption will level off and at that point it'll mostly be companies or people that have extra storage laying around and figure 'why not' store some plots on these disks to try to earn a bit of money. Or orgs plotting to new servers while they're waiting to be used, deleting plots as the storage is needed. They also argue it's more green because if you don't want to store the plots, you delete them and the storage is still available as normal storage for other purposes. With PoW, you have specialized hardware that isn't useful for other purposes and you burn a lot of electricity all the time securing the network.