Re:Filecoin: A Decentralized Storage Network [pdf]
by viraptor on Wednesday July 19, 2017 @06:14PM
(#14808492)
> The only difference from Amazon is that the network itself enforces these contracts.
No, the difference is that Amazon's contacts can identify the buyer and they're actual, legal contacts. They also have terms and conditions. Miners have contacts in terms of what the network is doing, which have nothing to do with contracts as understood by law. These are two meanings which just happen to use the same word.
No, the difference is that Amazon's contacts can identify the buyer and they're actual, legal contacts. They also have terms and conditions. Miners have contacts in terms of what the network is doing, which have nothing to do with contracts as understood by law. These are two meanings which just happen to use the same word.