Re:Filecoin Foundation Grants 50k FIL to the Internet Archive
by pradn on Thursday April 01, 2021 @05:09PM
(#26666061)
From what I understand, Filecoin contracts are fixed-term. This means you need to read data back from the Filecoin network at the end of the term and negotiate another fixed-term contract to store those files again. Though Filecoin storage fees are low, isn't this back-and-forth a big pain for real archivists? I suppose you only need 1/n of the storage on your side if you stagger the data "withdrawal" and "deposit" actions. Does anyone have insight into this?
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Re:Filecoin Foundation Grants 50k FIL to the Internet Archive
by jimpick on Thursday April 01, 2021 @08:47PM
(#26668058)
For long term archiving, it’s essential practice to move data from machine to machine over time anyways, as machines get old and obsolete and can’t be repaired after a certain age.
Right now there’s a maximum deal term of 1.5 years. Potentially that could be extended as the system matures and miners become capable of taking on longer commitments.