Filecoin Suspends ICO After Raising $186M in One Hour

Re:Filecoin Suspends ICO After Raising $186M in One Hour by 1024core on Friday August 11, 2017 @06:33PM (#14994911)

You do realize though that changing just 1 bit can change the entire hash? What's to prevent people from appending a random bit or two, and getting an entirely new, unblocked, hash?

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Re:Filecoin Suspends ICO After Raising $186M in One Hour by hobofan on Friday August 11, 2017 @07:13PM (#14995156)

I was just explaining the general concept. I don't claim to have in depth knowledge on the subject.

I think blocking a hash can already be a victory, since it basically makes all the metadata that was associated with the hash useless and forces reseeding under a new hash and publicizing that hash. As long as you make it inconvenient enough, very few people will bother, which is the best the copyright holders can hope for.

Reseeding might be pretty easy though in IPFS since there is a block layer below the object layer, and I guess you can't really block block-hashes.

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Re:Filecoin Suspends ICO After Raising $186M in One Hour by slededit on Friday August 11, 2017 @07:12PM (#14995154)

Responding to specific take down requests is enough to activate the safe harbor provisions in the DMCA. Legally they don't have to do anything else.

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Re:Filecoin Suspends ICO After Raising $186M in One Hour by Keeeeeeeks on Friday August 11, 2017 @08:46PM (#14995643)

Great point; this happens a lot with YouTube videos, and would definitely get worse with other sorts of media

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