4 ms·

Many NFTs are hosted on IPFS. If someone hosting it pulls the image, you can just start hosting it yourself instead, and since IPFS urls are based on the hash,

Many NFTs are hosted on IPFS. If someone hosting it pulls the image, you can just start hosting it yourself instead, and since IPFS urls are based on the hash, it will never be "lost" so long as at least 1 person still has the content pointed to by the NFT.

Animats 5y ago
IPFS isn't magic. Someone has to store it. IPFS is basically Bittorrent plus a financing system. Arweave charges US$5/gigabyte for permanent storage on IPFS. This is supposed to be forever, funded by investing the money and speculating in the declining future price of storage. You can supposedly put academic papers on Arweave's version of IPFS.[1] But if you try "Browse", nothing appears. This acts like another one of those distributed systems that isn't. [1] https://ss6puabcq3ch.arweave.net/5Yeg3wT4COQL6Bz-tdp9xlmeiwgcOO8NupjpEUDXZ5Y/index.html https://ss6puabcq3ch.arweave.net/5Yeg3wT4COQL6Bz-tdp9xlmeiwg...
- magicjosh 5y ago
  I haven't heard of Arweave before, but yes, the [1] link above doesn't show any results either in the "Browse" or "Search" mode. The premise sounds interesting though. Is this a bug of some sort or does someone with more info know what's up?
  - Animats 5y ago
    Dunno. Their Twitter feed has nothing about downtime.[1] It's all about another funding round and their token being listed on some crypto exchange. [1] https://twitter.com/ArweaveTeam https://twitter.com/ArweaveTeam
    - magicjosh 5y ago
      Strange! An aside, their press release introduced me to the handy term "permaweb". I wonder when the Internet Archive will move to IPFS. https://arweave.medium.com/arweave-announces-new-funding-from-andreessen-horowitz-usv-and-coinbase-ventures-30a1fde3d8c5 https://arweave.medium.com/arweave-announces-new-funding-fro...
- ShamelessC 5y ago
  `IPFS is basically Bittorrent plus a financing system.` That doesn't match my definition of IPFS at all which is simply "P2P immutable content hosting". How is it a "financing system"?

Animats 5y ago

IPFS isn't magic. Someone has to store it. IPFS is basically Bittorrent plus a financing system. Arweave charges US$5/gigabyte for permanent storage on IPFS. This is supposed to be forever, funded by investing the money and speculating in the declining future price of storage. You can supposedly put academic papers on Arweave's version of IPFS.[1] But if you try "Browse", nothing appears. This acts like another one of those distributed systems that isn't. [1] https://ss6puabcq3ch.arweave.net/5Yeg3wT4COQL6Bz-tdp9xlmeiwgcOO8NupjpEUDXZ5Y/index.html https://ss6puabcq3ch.arweave.net/5Yeg3wT4COQL6Bz-tdp9xlmeiwg...

magicjosh 5y ago
I haven't heard of Arweave before, but yes, the [1] link above doesn't show any results either in the "Browse" or "Search" mode. The premise sounds interesting though. Is this a bug of some sort or does someone with more info know what's up?
- Animats 5y ago
  Dunno. Their Twitter feed has nothing about downtime.[1] It's all about another funding round and their token being listed on some crypto exchange. [1] https://twitter.com/ArweaveTeam https://twitter.com/ArweaveTeam
  - magicjosh 5y ago
    Strange! An aside, their press release introduced me to the handy term "permaweb". I wonder when the Internet Archive will move to IPFS. https://arweave.medium.com/arweave-announces-new-funding-from-andreessen-horowitz-usv-and-coinbase-ventures-30a1fde3d8c5 https://arweave.medium.com/arweave-announces-new-funding-fro...
ShamelessC 5y ago
`IPFS is basically Bittorrent plus a financing system.` That doesn't match my definition of IPFS at all which is simply "P2P immutable content hosting". How is it a "financing system"?