Re:Filecoin Foundation Grants 50k FIL to the Internet Archive
by leoc on Friday April 02, 2021 @09:47AM
(#26671365)
It's also worth adding that the general idea of using distributed proof-of-work things in Internet protocols goes back quite a long way, to 1997 at least https://en.wikipedia.org/wiki/Hashcash : it's not just a post-Bitcoin/ICO-era notion.
Re:Filecoin Foundation Grants 50k FIL to the Internet Archive
by Groxx on Friday April 02, 2021 @01:39PM
(#26673726)
Yeah, I sincerely wish hashcash had succeeded, it seems like a viable route for nigh-eliminating spam.
Bitcoin's achievement isn't a radically new core algorithm of any kind, it's using existing stuff in a clever way, to make it self-reinforcing even when thrown at humans. (I mean, yea, that's an algorithm, but you get my meaning)
I'm not sure what the current state is though. And IPFS is basically just a protocol for storage, it doesn't ensure / encourage storage in any way - that's the point of filecoin.