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What happened to the proof-of-useful-space algorithms? Eg. the promise of Filecoin: A proof of space based distributed cryptocoin, where the space is offered as
by throwaway4good 6y ago
What happened to the proof-of-useful-space algorithms? Eg. the promise of Filecoin: A proof of space based distributed cryptocoin, where the space is offered as usable storage for end-users who pays the said crypto.
Has the industry given up on that?
- barbegal 6y agoIt doesn't really work in practise. For example you could have two clients sharing a hard drive with both claiming to independently store the same files. There is no way of actually proving the data is being usefully stored.
- operator-name 6y agoNo you can't? To my understanding although you can't guarantee thst the two clients aren't sharing a hard drive (or datacenter) you can guarentee there are two copies.
- dannyw 6y agoIt is impossible to force someone to actually transmit the stored file. They can prove they have it, but you can't force them to not ransom you to get it back.