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IPFS is basically similar to BitTorrent, it does not solve the problem of "who will host this data" that PirateBay and similar sites struggle with. > There's n
by whatisweb3 4y ago
IPFS is basically similar to BitTorrent, it does not solve the problem of "who will host this data" that PirateBay and similar sites struggle with.
> There's no reason a blockchain stands a better chance of surviving 100 years than any other distributed, decentralized, cryptographically-verified database.
BitTorrent and IPFS are not distributed databases, they are mechanisms for peer-to-peer transfer. It is very likely the blockchains will stand better chance at long-term survival than centralized databases because:
1. There is economic incentive to keep the network alive, as long as the token price remains above a small value. Ethereum could drop back down to $1 and block producers would still be incentivized to continue securing the network.
2. These networks are censorship-resistant. The data posted on-chain is replicated across all nodes, it cannot be blocked or taken down like you would see with the Pirate Bay database or even Tor which is only secured by 10 directory nodes and is regularly attacked.
3. These networks are permissionless - any user in the world can download a full node that helps secure the network. This makes it possible for anybody to search the on-chain data without the need to go through a permissioned search engine such as Google, and without needing to find a permissioned website such as ThePirateBay clones which are regularly taken down by hosting services.