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Users pay to Put data into the network. Are there any ongoing payments for storage? I don't see any way to delete data either. If the network promises perman
by jacob019 12y ago
Users pay to Put data into the network. Are there any ongoing payments for storage? I don't see any way to delete data either. If the network promises permanent free storage after a one time fee, it's sure to fail eventually.
- _prometheus 12y agoYeah, the payment effectively buys storage for a certain amount of time. Read the discussion on Rewards here: http://filecoin.io/filecoin.pdf http://filecoin.io/filecoin.pdf
- jacob019 12y ago"Transaction issuers must pay for all rewards up-front" Will there be a way to make ongoing payments for data retention? With a proper API this could be used for secure distributed backup, that would be a killer use and something I would gladly pay "miners" for.
- rdrey 12y agoThe way I understand it, Get'ing the data also publishes it to existing miners, so they can start storing it if it's a piece with a high reward value. The TTL is decreased by the Get operation, though. By understanding how valuable your data is you can choose a time to Put it again (while reward/TTL > market rate) with a new reward attached. Obviously that reward/TTL should be higher than the last one to buy you a bunch of safe Gets again.