Re:My First Impressions of Web3
by ShamelessC on Saturday January 08, 2022 @12:30AM
(#29848913)
`IPFS is basically Bittorrent plus a financing system.`
That doesn't match my definition of IPFS at all which is simply "P2P immutable content hosting". How is it a "financing system"?
I haven't heard of Arweave before, but yes, the [1] link above doesn't show any results either in the "Browse" or "Search" mode. The premise sounds interesting though. Is this a bug of some sort or does someone with more info know what's up?
Dunno. Their Twitter feed has nothing about downtime.[1] It's all about another funding round and their token being listed on some crypto exchange.
Strange! An aside, their press release introduced me to the handy term "permaweb". I wonder when the Internet Archive will move to IPFS.
https://arweave.medium.com/arweave-announces-new-funding-fro...
IPFS is basically Bittorrent plus a financing system. Arweave charges US$5/gigabyte for permanent storage on IPFS. This is supposed to be forever, funded by investing the money and speculating in the declining future price of storage.
You can supposedly put academic papers on Arweave's version of IPFS.[1] But if you try "Browse", nothing appears. This acts like another one of those distributed systems that isn't.
[1] https://ss6puabcq3ch.arweave.net/5Yeg3wT4COQL6Bz-tdp9xlmeiwg...