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submitted 2 years ago by tomasz@lemmy.ml to c/technology@lemmy.ml

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[–] k_o_t@lemmy.ml 1 points 2 years ago* (last edited 2 years ago) (1 children)

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?

[–] poVoq@lemmy.ml 2 points 2 years ago* (last edited 2 years ago)

For example, a 32GiB expands to ~480GiB during the sealing process.

Source. (And yes I stand corrected and it is only about 10:1 on a single miner at least, but I think there is also some further significant network replication involved). Edit: also note the significant other hardware requirements. Edit2: now I remember where the higher ratio came from... typically commercial data-storage is done on Raid6 or similar, so storing something 10:1 on an raid system gives you the a even worse ratio, but maybe not 100:1.

Yeah, ICOs suck, but that is just how Capitalism works, no? /s