Re:Filecoin: A Decentralized Storage Network [pdf]
by alwillis on Tuesday July 25, 2017 @04:07AM
(#14846028)
1. Filecoin is the monetization layer for IPFS; on IPFS you never store stuff you didn't agree to store. So there won't be 3D printed gun designs, porn and other illegal media on your drives unless that's what you wanted.
2. Filecoin enables a transparent market for storage with bids and asks for storage, so you'll know what you're paying compared to AWS, Azure, etc. and you can decide what to do.
3. I'm on Comcast; if some guy two towns over from me is running his Filecoin-enabled IPFS node also on Comcast, there's going to be less latency than hitting an AWS or Google data center thousands of miles away.
4. My DigitalOcean droplet is ~200 miles away from me; trace route says it's 10 hops away. I can see the network name for Comcast two towns over from that's just 4 hops away. The other guys may be big but they can't change the speed of light.
5. Because IPFS is content addressed, I don't need to know where the content I want is located; thanks to the distributed hash table, any node that has that data can respond to my request.
6. IPFS and therefore Filecoin still work even if you can't reach the internet backbone… you can still get stuff via your neighborhood mesh network.
2. Filecoin enables a transparent market for storage with bids and asks for storage, so you'll know what you're paying compared to AWS, Azure, etc. and you can decide what to do.
3. I'm on Comcast; if some guy two towns over from me is running his Filecoin-enabled IPFS node also on Comcast, there's going to be less latency than hitting an AWS or Google data center thousands of miles away.
4. My DigitalOcean droplet is ~200 miles away from me; trace route says it's 10 hops away. I can see the network name for Comcast two towns over from that's just 4 hops away. The other guys may be big but they can't change the speed of light.
5. Because IPFS is content addressed, I don't need to know where the content I want is located; thanks to the distributed hash table, any node that has that data can respond to my request.
6. IPFS and therefore Filecoin still work even if you can't reach the internet backbone… you can still get stuff via your neighborhood mesh network.