It uses a proof of stock-- instead of incentivzing for mining power, it invcentivizes for computer space provided. At least I think this is the vision for how it will work.
My thoughts are because this is based on storage space-- proof of stock-- this would be that datacoins value will only appreciate with the costs of storage space. The cost for storing data in the blockchain will continue decreasing. Meaning the cost of mining datacoins will depreciate also. This means that datacoins won't really appreciate in value. At least not astronomically. The cost of datacoins is the cost of storing in the blockchain. Since this is a Distributed Automnomous Corporation, ots essentially the cost of buying an application/ software. This cost (storage space) should decrease over time.... What do you think? Anything else you can add.
I'm very concerned about the realms of putting illegal material into the blockchain. We as a cyptocurrency community should limit attention to ourselves-- especially when we want bitcoin seen favourably in the publics eye