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How does this relate to Filecoin? http://filecoin.io/ http://filecoin.io/ http://filecoin.io/filecoin.pdf http://filecoin.io/filecoin.pdf
by sqs 12y ago
How does this relate to Filecoin?
http://filecoin.io/ http://filecoin.io/
http://filecoin.io/filecoin.pdf http://filecoin.io/filecoin.pdf
- leni536 12y agoI really couldn't find any precise information about storj but the dummy slides are showing some really different scheme for POR. Also I think filecoin has a mistake. If it ever gets popular then it is possible that the difficulty would be quite high (in the scale of GBs). In that case you can't effectively mine only if you share at least 1 TB of your hard drive below that the expected reward for a block would be near 0. It would drive the network to centralization. The expectation reward for a block isn't linearly proportional to your shared disk space but a convex function of it. On the other hand it would be possible to implement mining pools which could somewhat solve this problem.