Re:Filecoin Suspends ICO After Raising $186M in One Hour
by beaconstudios on Friday August 11, 2017 @10:44AM
(#14990124)
my question isn't whether utilising under-used hard drives is valuable - it's why on earth blockchains are necessary. You could provide all this functionality with client software connecting to a company's orchestration service. It doesn't add any value.
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Re:Filecoin Suspends ICO After Raising $186M in One Hour
by Karunamon on Friday August 11, 2017 @02:25PM
(#14992784)
The lack of "a company" (read: censorship, speech codes, political influence, etc) can be considered to be a value. Decentralization is a Good Thing.
Re:Filecoin Suspends ICO After Raising $186M in One Hour
by matthewbauer on Friday August 11, 2017 @03:05PM
(#14993142)
Decentralization is good when it solves actual problems. I think the problem most people here have with FileCoin is that it's a little bit too much like "Bitcoin but with file storage instead of CPU cycles" without really explaining what the problem is. Who is willing to pay for decentralized storage? Besides criminals and enthusiasts, I can't find a good use case.