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"Storj, the decentralized storage service, is currently in Chap 11 bankruptcy," "Internet Archive could buy Storj" Insanely convoluted solution that only some
by 01284a7e 26d ago
"Storj, the decentralized storage service, is currently in Chap 11 bankruptcy,"
"Internet Archive could buy Storj"
Insanely convoluted solution that only someone with crypto-brain would ever come up with. You are really suggesting the Internet Archive should buy a bankrupted crypto company so they can store their data? What?
- piinbinary 26d agoIt's more productive to explain why the idea doesn't work, since people can learn from that.
- tekno45 26d agononsense is not owed a response.
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- not_really 26d agoAnd yet, here you are responding
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- ttul 26d agoYes, and that's a great idea. Chapter 11 protects companies from their creditors. If a suitor comes along offering to buy the company that is in Chapter 11, the creditors can go to the judge and request that the judge allow the purchase to go through as a way of settling the company's debts. It happens all the time.
- mitxela 26d agoWhy buy the rights to store data on a bunch of random people's hard drives instead of buying a bunch of hard drives? It's just not efficient.