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Re:Filecoin 2017 Q4 Update by rictic on Thursday January 11, 2018 @08:11PM (#16129613)
If you have a system where anyone can provide storage and anyone can buy storage, then you need to have a system to verify that the files are actually being stored. As I understand it, that's filecoin mining.

Filecoin eliminates a lot of the overhead of selling storage, but it adds some overhead all its own. The big question is: which is larger, and by how much?

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