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Why not do something useful with the space like FileCoin or Arweave?
by VOSgqcSyGdPhGWP 5y ago
Why not do something useful with the space like FileCoin or Arweave?
- josefresco 5y agoCool thanks! I didn't know about either, I'll check them out. Are you suggesting Burstcoin is not useful? How do the 4 (Chia/Burst/FileCoin/Arweave) compare? What are FileCoin and Arweave used for now? FWIW the Burstcoin community have been very helpful, and they have a Windows client which was nice for a "hobbyist" like me.
- VOSgqcSyGdPhGWP 5y agoBitcoin may be useful but the calculations done for its proof-of-work don't do anything useful outside of Bitcoin. The same is true of Chia. It uses up hard drive space as a mechanism to validate transactions but IIRC that space is essentially random bytes. On the other hand, with arweave or filecoin you are storing files for people.
- lalaland1125 5y agoDo note that there is very little current use of Filecoin storage. Right now it's not too different from Chia.