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A comment on Crypto Market Roiled by New Allegations Against Tether, Bitfinex. Parent comment

Re:Crypto Market Roiled by New Allegations Against Tether, B... by tim333 on Friday April 26, 2019 @07:22AM (#19756337)
I'm not sure IPFS uses blockchain? It seems to work like bittorent.

Golem I'll give you might be a legit use.

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Re:Crypto Market Roiled by New Allegations Against Tether, B... by avinium on Sunday April 28, 2019 @01:00AM (#19769443)
Sorry, should have been clearer. Filecoin (from the same company) sits atop IPFS, acting as a cryptocurrency for distributed file storage.

IIRC, their ICO was massively oversubscribed a year or two ago, so they're sitting on a great big pile of cash.

I don't think it's a viable business model yet, but it's definitely not a scam.

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