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The whole idea of a centralized market, with someone syphoning off large amounts of money and being the major legal target, sets it up for failing. Once it beco
by justincormack 12y ago
The whole idea of a centralized market, with someone syphoning off large amounts of money and being the major legal target, sets it up for failing. Once it becomes a distributed marketplace with all services replicated it becomes much more secure.
- bhouston 12y agoSo like the distributed tracker system in bittorrent I guess: http://en.wikipedia.org/wiki/BitTorrent#Distributed_trackers http://en.wikipedia.org/wiki/BitTorrent#Distributed_trackers Some background research on a distributed key/value system that this could serve as a basis for a peer-to-peer distributed marketplace: http://www.cs.rice.edu/Conferences/IPTPS02/109.pdf http://www.cs.rice.edu/Conferences/IPTPS02/109.pdf
- williamcotton 12y agoDHTs are susceptible to Sybil attacks. A key/value store based on a cryptocurrency would be a better approach if you're looking for a decentralized key/value store that guarantees that the data is available.