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That's only a extra millisecond or two of overhead
The decentralized storage space is fundamentally limited by economics like everything else.1) Lets clearly state the problem to be solved, because without understanding the problem all we have are solutions in search of a problem. I would describe the problem is that governments have declared certain information (bits) contraband and thus attacks those who would dare to provide the service of hosting it. The solution is to "decentralize" and host it everywhere and nowhere all at the same time.2) The other claim maid by these decentralized storage providers is that they are "faster", "cheaper", and have "higher availability" than centralized counterparts. All of these claims are lies unless you are talking about contraband bits. When I download a movie from iTunes it is faster than any torent and availability is higher too. 3) People have correctly identified why Tor and file sharing services are slower: no economic incentive to build infrastructure. So projects like Storj and Maidsafe are trying to build out an economic model that will motivate users to add resources.I am certain that you will get a vast increase in the performance of contraband networks, at a cost. You will pay more per byte on one of these networks and your latency will make browsing a challenge because you are doing a decentralized Log N lookup of your content. When you do find it you will be streaming it from someones home PC at a slow/cheap rate or you will be paying a vastly higher price per byte than your ISP is currently charging you. 4) Decentralization always has costs. Hosting files from your home computer consumes disk space, bandwidth, CPU, etc. These costs have to be paid by the users.5) Usually these systems boil down to micro-payment systems and this is the biggest challenge of them all. Cryptography is not cheap, and all transactions have a mental-cost (making a decision) even if the user asks the computer to do it for them. Negotiating payments of a fraction of a cent with 1000 different peers is economically challenged to say the least.That said what these systems ultimately boil down to is this:1) Provide a standardized API for finding content by hash across many different service providers2) Provide a standardized payment system to automate paying any provider you may come across.3) Lowering the barrier to entry by making the use of this system transparent to the users.The above steps are possible but assumes competitors (data providers) will work together to allow their customers to shop around for the best deal. In the process of shopping for the best deal economies of scale will once again result in complete centralization of hosting. Sure anyone can run a server and use the API, but only one company will have the economies of scale necessary to provide "instant lookup", "largest selection", "fastest downloads". Of course the thing that prevents such a universal service from existing today is that hosting providers are forced to remove contraband bits. Lastly, there is the issue that those looking for contraband are looking for "free" and those looking to pay can probably already get what they want.So we can probably boil the whole thing down to an attempt to build a censor resistant data-store, the black-market of cloud hosting. I think this is possible, but it will be expensive to use and slow compared to the alternatives. Remember, black-market contraband almost always carries a risk premium.Perhaps a hybrid approach:1) Use 1 API for legit & contraband bits 2) Legit bits can be found quickly and easily and relatively cheaply3) Contraband bits can be found slower and relatively more expensively. The space is challenging and so far I haven't seen anyone focus on the economics of the problem.
I'm interested interested in using Bitshares because we can use the platform to create pegged digital commodities. While Storjcoin is a deflationary cryptocurrency, increasing in worth as the network expands it might be useful to have something like a BitGB. Therefore I can purchase a BitGB, and use it in the application knowing that it will always be worth 1 GB of space.
That said what these systems ultimately boil down to is this:1) Provide a standardized API for finding content by hash across many different service providers2) Provide a standardized payment system to automate paying any provider you may come across.3) Lowering the barrier to entry by making the use of this system transparent to the users.
1) Use 1 API for legit & contraband bits 2) Legit bits can be found quickly and easily and relatively cheaply3) Contraband bits can be found slower and relatively more expensively.
Quote from: Simeon II on July 15, 2014, 01:30:50 am1.There is giant problem in this space.2. It seems nobody has found a solution.3. Storj is offering new product in the space, even he/they not claiming a decision for the fundamental problem.What gains do you foresee in collaborating with just another player who does not know how to solve the problem?I know you all want to play nice, but other than that what’s your point?How do we find solutions to problems? Thinking and communicating ideas across a broad spectrum of issues...that is what the hangouts are for. Updates, questions and brainstorming sessions essentially.
1.There is giant problem in this space.2. It seems nobody has found a solution.3. Storj is offering new product in the space, even he/they not claiming a decision for the fundamental problem.What gains do you foresee in collaborating with just another player who does not know how to solve the problem?I know you all want to play nice, but other than that what’s your point?
Quote from: fuznuts on June 27, 2014, 04:49:02 amQuote from: DonJoe on June 27, 2014, 03:15:45 amQuote from: super3 on June 27, 2014, 03:10:41 amDonJoe how old are you? Zeus is this the Cryptsy guy?If you are considering to put money in storj: ANYONE WHO DEALS WITH SUPER3 IS AN IDIOT!thanks for the heads up. would like to delve into this deeper than name-calling though... Opportunities abound in this space, but also opportunities to get b!tchslapped by reality. Of course, then again I have no clue who you are other than an assumption--which is not enough to validate what you say. Really wish you would post as your true self bro...especially if you are who I think you are. How about getting Super3 on Beyond Bitcoin so he can tell the story about how he mined the first block and also talk about Storj?
Quote from: DonJoe on June 27, 2014, 03:15:45 amQuote from: super3 on June 27, 2014, 03:10:41 amDonJoe how old are you? Zeus is this the Cryptsy guy?If you are considering to put money in storj: ANYONE WHO DEALS WITH SUPER3 IS AN IDIOT!thanks for the heads up. would like to delve into this deeper than name-calling though... Opportunities abound in this space, but also opportunities to get b!tchslapped by reality. Of course, then again I have no clue who you are other than an assumption--which is not enough to validate what you say. Really wish you would post as your true self bro...especially if you are who I think you are.
Quote from: super3 on June 27, 2014, 03:10:41 amDonJoe how old are you? Zeus is this the Cryptsy guy?If you are considering to put money in storj: ANYONE WHO DEALS WITH SUPER3 IS AN IDIOT!
DonJoe how old are you? Zeus is this the Cryptsy guy?
DonJoe how old are you? Zeus is this the Cryptsy guy? I love you didn't read the rest of the topic where Zeus said he just heard a rumor and he has no proof.
5. We trusted Super 3, he turned out to be an opportunist and grabbed .io for his own purposes. Stuff happens.
Quote from: bytemaster on April 25, 2014, 01:24:23 pmQuote from: xeroc on April 25, 2014, 09:21:09 amQuote from: toast on April 25, 2014, 07:50:21 amwe never owned it and super3 was surprisingly unresponsiveWoops .. too bad .. but you own bitshares.org .. do you?anyway .. updating (all) the links should be considered important when interested in newcomers!We own bitshares.org and other domains. We had trusted Super3 as a core member of the team, but he turned out to be an opportunist.I gave you all bitshares.org and all the domains after I didn't have enough time to work on the website anymore after I went back to school. You have always had full access to the servers and code. I registered Invictus.io for the bounty site, which you used and never fully paid for. Opportunist? If Bitshares was a volunteer organization that didn't make a profit you would have a point, but it isn't. I worked as hard as I possible could for you, so I don't appreciate being thrown under the bus.
Quote from: xeroc on April 25, 2014, 09:21:09 amQuote from: toast on April 25, 2014, 07:50:21 amwe never owned it and super3 was surprisingly unresponsiveWoops .. too bad .. but you own bitshares.org .. do you?anyway .. updating (all) the links should be considered important when interested in newcomers!We own bitshares.org and other domains. We had trusted Super3 as a core member of the team, but he turned out to be an opportunist.
Quote from: toast on April 25, 2014, 07:50:21 amwe never owned it and super3 was surprisingly unresponsiveWoops .. too bad .. but you own bitshares.org .. do you?anyway .. updating (all) the links should be considered important when interested in newcomers!
we never owned it and super3 was surprisingly unresponsive
When I first learned about PTS (in November if I remember correctly) I asked on Cryptsy what they knew about it... Most people didn't know anything but there was a guy that said "anyone who deals with super3 is an idiot. The guy has scammed a lot of people in the past.Enough said". I didn't pay much attention back then because I liked the whole concept of PTS, but It seems that that guy knew better... I think that your relationship with super 3 must have done some damage to your publicity...
very interesting...what are your differences with maidsafe project?Have you think about to make an IPO using Bithares? (like maidsafe used mastercoin) of course with bytemaster sugestion's to make it succesfull not like the ipo-maidsafe-joke...
@BM : so what is the prospect of a collaboration here?
Dpos can store memo currently already .. check out the current test runs! Pretty sure dpos makes sense for storj hashes
storj:05ecf7f9d218c631cc380527ac57f72798647824aa8839eb82045ed9fc3360c7?key=f869659afd98d617fc3c0a2b9f8b12a048a8da16a2ce2cc5abe5f42bd0f42845
@super3 FYI, our primary blockchain security model is now DPOS, not TAPOS. Might be appropriate for storj, might not be, but check it out.Any DAC that has massive data storage requirements might be able to take advantage of storj, especially if there was a canonical way to verify the storj chain that could be built into our clients.
Quote from: luckybit on June 25, 2014, 11:59:51 pmQuote from: super3 on June 25, 2014, 05:56:26 pmUsed to be pretty heavily involved with Bitshares since I mined the first Protoshares block. I since started my own project called http://storj.io/, which focuses on decentralized storage. Bytemaster and I had a discussion or two about how awesome this would be a long time ago. If I remember correctly Bytemaster was working on this concept before Bitshares, and you can see some of his code here: https://github.com/bytemaster/tornet. Just wanted to start discussion of ways that Storj and Bitshares can work together. I'm most curious about using Transactions as Proof-of-Stake system for one of our blockchains. Also I think we could figure out a pretty solid DAC using Storj and Bitshares tech.If you want to learn some more about Storj there are some good resources:WebsitePitch DeckForum I'm sure everyone knows what I'm gonna say but how about a promise of a future Sharedrop to Storjcoin holders? That might light a fire. It can't come from I3, but from alternative DAC developers.By the way Super3 I remember you from the earliest days of mining Protoshares. You were the guy who actually leveled the playing field.He mined the first PTS block.
Quote from: super3 on June 25, 2014, 05:56:26 pmUsed to be pretty heavily involved with Bitshares since I mined the first Protoshares block. I since started my own project called http://storj.io/, which focuses on decentralized storage. Bytemaster and I had a discussion or two about how awesome this would be a long time ago. If I remember correctly Bytemaster was working on this concept before Bitshares, and you can see some of his code here: https://github.com/bytemaster/tornet. Just wanted to start discussion of ways that Storj and Bitshares can work together. I'm most curious about using Transactions as Proof-of-Stake system for one of our blockchains. Also I think we could figure out a pretty solid DAC using Storj and Bitshares tech.If you want to learn some more about Storj there are some good resources:WebsitePitch DeckForum I'm sure everyone knows what I'm gonna say but how about a promise of a future Sharedrop to Storjcoin holders? That might light a fire. It can't come from I3, but from alternative DAC developers.By the way Super3 I remember you from the earliest days of mining Protoshares. You were the guy who actually leveled the playing field.
Used to be pretty heavily involved with Bitshares since I mined the first Protoshares block. I since started my own project called http://storj.io/, which focuses on decentralized storage. Bytemaster and I had a discussion or two about how awesome this would be a long time ago. If I remember correctly Bytemaster was working on this concept before Bitshares, and you can see some of his code here: https://github.com/bytemaster/tornet. Just wanted to start discussion of ways that Storj and Bitshares can work together. I'm most curious about using Transactions as Proof-of-Stake system for one of our blockchains. Also I think we could figure out a pretty solid DAC using Storj and Bitshares tech.If you want to learn some more about Storj there are some good resources:WebsitePitch DeckForum
We offered a bounty for an experienced coin designer to build the PTS protocoin for us. A developer known as FreeTrade answered the call. It took him about a month to clone it from the Bitcoin library. Then, while we were still evaluating his code, another independent entrepreneur known as Super3 downloaded the open-source from FreeTrade’s library and started it running. On November 5, 2013 Super3 went down in history as the miner of the first protocoin block in crypto-equity history!
I think it would be awesome if Storj actually become part of the toolkit. Once you have storage you could do DACs whose data lives in Storj
Very nice to see you here! I think it would be awesome if Storj actually become part of the toolkit. Once you have storage you could do DACs whose data lives in Storj
I'm most curious about using Transactions as Proof-of-Stake system for one of our blockchains.