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Re:IPFS, Again by tlrobinson on Wednesday June 12, 2019 @02:20AM (#20162203)
> Why a "Filecoin"? We already have a tested and working native internet currency: bitcoin.

Because it’s a lot easier to raise $300 million on a bit of hype selling your own coin.

(Also Bitcoin micropayments aren’t quite there yet, but I’m not sure any other truly decentralized cryptocurrency really is either)

Re:IPFS, Again by sharperguy on Wednesday June 12, 2019 @08:19AM (#20163770)
The problem with any alternative token transfer systems is that they either introduce additional points of centralization (hence attack vectors) or end up being significantly inferior to bitcoin in terms of scalability, reliability, testing and user base.
Re:IPFS, Again by ukd1 on Wednesday June 12, 2019 @01:38PM (#20167222)
Also, why filecoin -at all- when siacoin exists and works already. Filecoin is vaporware.
Re:IPFS, Again by dpacmittal on Wednesday June 12, 2019 @03:11AM (#20162420)
I feel Nano is doing an outstanding job. It's what bitcoin was supposed to be.
Re:IPFS, Again by ahelwer on Wednesday June 12, 2019 @04:53AM (#20162884)
The funny thing about every comment which positively mentions Nano is the writer invariably has zero idea what tradeoffs are made in the consensus protocol to make it faster. There are no free lunches in distributed systems which must contend with byzantine failures.
Re:IPFS, Again by magnamerc on Wednesday June 12, 2019 @08:18AM (#20163758)
You've succinctly captured exactly how I feel when I hear people mention nano, so thank you for that.
Re:IPFS, Again by StavrosK on Wednesday June 12, 2019 @06:09AM (#20163161)
Pray enlighten us.