by default ipfs doesn’t offer any data replication guarantees
if you spin up a regular ipfs node and do nothing with it, you will get practically zero data flowing in and out of it, excluding a few kilobytes of metadata that is broadcasting your peer id to other nodes and downloading some distributed hashtable data about which nodes have what files
you can pin any file, and then your node will broadcast that it has that file and others can now download it, if they choose to do so, and that file will remain on their computer for a few hours until garbage collection gets rid of it
iiuc this is basically where “involuntary” data replication ends, so for your file to remain on ipfs you either have to pin it yourself, get others to get interested in it and also pin it, or pay a hosting provider to pin it for you, or use filecoin, but that comes with its whole separate api and other stuff
about the ecological aspect of filecoin i’m not really sure, but I thought they aren’t using proof of work, rather proof of space, which doesn’t carry much ecological consequences, other than the energy to run the drives and the computer they’re attached to, but since these drives are used for legitimate applications of storing data, it’s not any worse environmentally than any other cloud storage provider
primarily benefits some of the worst venture capitalists
was there some shady stuff going on? i’ve heard that filecoin has had some weird stuff going on, but never really paid close attention to it… in theory, though, filecoin should work against concentration of power in the hands of VCs and big companies, because even if there were one massive company that hosts 95 % of data using filecoin, there is no vendor lock in like there is with aws or google cloud, so anybody can come in and set up their filecoin operation, you only need to pay for hardware to enter the game and that’s it
but I guess you agree that a single node storage on IPFS doesn’t really have much positive advantage over just putting it on a basic http server?
same as with bittorrent? a single seeder isn’t much better than just setting up a regular http server, but if more people decide to download and seed it, then you have infinite horizontal scale in bandwidth and resilience, all in a decentralized manner, same thing with ipfs
it’s already been used for large scale backups by sci hub and libgen
This is also what I thought until I looked into the actual hardware requirements of Filecoin, which require a hoster to purchase the very latest AFAIK Intel based hardware (for the required cryptography).
i don’t really see a problem in that, if they are going to compete with enterprise grade storage offers then you need good hardware to run it
Filecoin has a really high overall storage need Vs. usable storage, something like 100:1 if I recall correctly.
that seems awfully high to have any semblance of practicality, could you provide a source on that?
Something like 30% of the total possible volume of Filecoins was pre-minted and exclusively sold to accredited investors, which primarily included some really shady venture capitalist firms.
yeah, pre-mining sucks, but that’s just how ICOs work, no?
by default ipfs doesn’t offer any data replication guarantees
if you spin up a regular ipfs node and do nothing with it, you will get practically zero data flowing in and out of it, excluding a few kilobytes of metadata that is broadcasting your peer id to other nodes and downloading some distributed hashtable data about which nodes have what files
you can pin any file, and then your node will broadcast that it has that file and others can now download it, if they choose to do so, and that file will remain on their computer for a few hours until garbage collection gets rid of it
iiuc this is basically where “involuntary” data replication ends, so for your file to remain on ipfs you either have to pin it yourself, get others to get interested in it and also pin it, or pay a hosting provider to pin it for you, or use filecoin, but that comes with its whole separate api and other stuff
about the ecological aspect of filecoin i’m not really sure, but I thought they aren’t using proof of work, rather proof of space, which doesn’t carry much ecological consequences, other than the energy to run the drives and the computer they’re attached to, but since these drives are used for legitimate applications of storing data, it’s not any worse environmentally than any other cloud storage provider
was there some shady stuff going on? i’ve heard that filecoin has had some weird stuff going on, but never really paid close attention to it… in theory, though, filecoin should work against concentration of power in the hands of VCs and big companies, because even if there were one massive company that hosts 95 % of data using filecoin, there is no vendor lock in like there is with aws or google cloud, so anybody can come in and set up their filecoin operation, you only need to pay for hardware to enter the game and that’s it
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same as with bittorrent? a single seeder isn’t much better than just setting up a regular http server, but if more people decide to download and seed it, then you have infinite horizontal scale in bandwidth and resilience, all in a decentralized manner, same thing with ipfs
it’s already been used for large scale backups by sci hub and libgen
i don’t really see a problem in that, if they are going to compete with enterprise grade storage offers then you need good hardware to run it
that seems awfully high to have any semblance of practicality, could you provide a source on that?
yeah, pre-mining sucks, but that’s just how ICOs work, no?
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