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Bitcoin 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 dri
by VOSgqcSyGdPhGWP 5y ago
Bitcoin 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.