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#filecoin

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🧿🪬🍄🌈🎮💻🚲🥓🎃💀🏴🛻🇺🇸<p><span class="h-card" translate="no"><a href="https://retro-gaiden.com/@Oregon_Pacifist" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>Oregon_Pacifist</span></a></span> I really like <a href="https://mastodon.social/tags/DePin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>DePin</span></a> stuff. I've been interested in <a href="https://mastodon.social/tags/Filecoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Filecoin</span></a> for some time now, and I have a <a href="https://mastodon.social/tags/Helium" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Helium</span></a> phone plan. I see it as a way to subvert big tech. I'm really interested in replacing AWS as a web hosting platform. I've looked into <a href="https://mastodon.social/tags/InternetComputerProtocol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>InternetComputerProtocol</span></a> but I've had a hard time figuring it out.</p>
Kevin Karhan :verified:<p><span class="h-card" translate="no"><a href="https://vmst.io/@maikel" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>maikel</span></a></span> basically, it boils down to the few key features of <a href="https://infosec.space/tags/Monero" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Monero</span></a>:</p><p><code>1.</code> <a href="https://infosec.space/tags/Anonymity" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Anonymity</span></a> &amp; <a href="https://infosec.space/tags/Privacy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Privacy</span></a>: Unlike with any other <a href="https://infosec.space/tags/cryptocurrency" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>cryptocurrency</span></a> (aka. <a href="https://infosec.space/tags/Shitcoins" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Shitcoins</span></a>) it's not just pseudonymous in that there is no mandatory linkage between individuals &amp; their wallets, but the entire transaction history and balance is hidden. Unlike say <a href="https://infosec.space/tags/Bitcoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Bitcoin</span></a> or <a href="https://infosec.space/tags/Ethereum" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Ethereum</span></a> one cannot track the coins from the moment of mining to their destination.</p><p><code>2.</code> Speed: Monero's network does mine one block every 2 minutes. After 10 blocks any transfered balance gets unlocked for spending. That means that a transfer is completed <em>at worst</em> within 6 minutes and the balance is being unlocked <em>at worst</em> after 24 minutes. This makes it faster than Instant-<a href="https://infosec.space/tags/SEPA" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SEPA</span></a> which only has a 1 hour SLA.</p><p><code>3.</code> <a href="https://infosec.space/tags/Fungibility" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Fungibility</span></a>: Like <a href="https://infosec.space/tags/cash" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>cash</span></a> all it's coins are equal, since they cannot be tracked. This makes Monero the digital equivalent of cash.</p><p><code>4.</code> <a href="https://infosec.space/tags/Scalability" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Scalability</span></a> &amp; <a href="https://infosec.space/tags/Stability" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Stability</span></a>: Monero adaptively self-adjusts block sizes and mining difficulty based upon demand (transactions in it's <code>mempool</code> aka. requested transactions that have to be added to the blockchain) and supply (total blockchain hashrate). Unlike Bitcoin and Ethereum it has a fixed <em>Tail Emission Rate</em> of at least 0,6 <a href="https://infosec.space/tags/XMR" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>XMR</span></a> (Monero) per block, so the miners solving it get at least 0,6 XMR (+ transaction fees), which is a longterm stable rate. Bitcoin and Ethereum will necessitate huge transfer fees once their last coins are mined to make sense, which will result in the crash of said cryptocurrencies as they'll be too expensive to trade!</p><p><code>5.</code> Anti-<a href="https://infosec.space/tags/ASIC" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ASIC</span></a> and focussed on <a href="https://infosec.space/tags/CPU" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CPU</span></a>|s of general-purpose machines: Whilst it does run on <a href="https://infosec.space/tags/ProofOfWork" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ProofOfWork</span></a>, it's specifically designed to run poorly on <a href="https://infosec.space/tags/GPU" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>GPU</span></a>|s and not on <a href="https://infosec.space/tags/ASICs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ASICs</span></a> as the latter one are not just <em>manufactured <a href="https://infosec.space/tags/eWaste" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>eWaste</span></a></em> but also inherently increase the centralization (with less than a dozen big miners controlling &gt;50% of Bitcoin and Ethereum's hashrate respectably). Thus it's the <em>"least worst"</em> in that regard. <a href="https://infosec.space/tags/ProofOfStake" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ProofOfStake</span></a> is not possible due to it's privacy-based setup (<a href="https://infosec.space/tags/Staking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Staking</span></a> necessitates a public balance) and unlike a <a href="https://infosec.space/tags/Shitcoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Shitcoin</span></a> like <a href="https://infosec.space/tags/FileCoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FileCoin</span></a> it doesn't incentivize <a href="https://infosec.space/tags/hoarding" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>hoarding</span></a> components. (in this case: <a href="https://infosec.space/tags/HDD" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>HDD</span></a>|s)</p><p><code>6.</code> Accepted &amp; Convertable: Whilst there is a concerted effort to ban Monero, there are payment processors like <a href="https://infosec.space/tags/NowPayments" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NowPayments</span></a> that accept Monero. It's low transaction fees and good speed make it useable in settings like Restaurants and Online Stores (sadly not retail, because it would need to be like 60x faster)... And even then it's easy to convert to/from Shitcoins.</p><p>That's the <a href="https://infosec.space/tags/TLDW" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TLDW</span></a> of <a href="https://www.youtube.com/watch?v=B7sLnmlZ-kU" rel="nofollow noopener" target="_blank">Whiteboard Crypto</a>, <a href="https://www.youtube.com/watch?v=QrHsFZBab4U" rel="nofollow noopener" target="_blank">Mental Outlaw</a> and <a href="https://www.youtube.com/watch?v=H33ggs7bh8M" rel="nofollow noopener" target="_blank">The Hated One</a>…</p><p>And finally:</p><p><code>7.</code> Monero gets continously developed and enhanced, whereas Bitcoin, <a href="https://infosec.space/tags/Litecoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Litecoin</span></a> and Ethereum don't even do <a href="https://www.youtube.com/watch?v=-3BF_mE2e6M" rel="nofollow noopener" target="_blank">proper</a> <a href="https://infosec.space/tags/upgrades" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>upgrades</span></a> via <a href="https://infosec.space/tags/HardForks" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>HardForks</span></a> (see <a href="https://infosec.space/tags/EthereumClassic" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EthereumClassic</span></a>)...</p>
🧿🪬🍄🌈🎮💻🚲🥓🎃💀🏴🛻🇺🇸<p><span class="h-card" translate="no"><a href="https://anticapitalist.party/@thezerobit" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>thezerobit</span></a></span> I've sometimes thought it might be fun to build an AP server that runs on <a href="https://mastodon.social/tags/InternetComputerProtocol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>InternetComputerProtocol</span></a> and <a href="https://mastodon.social/tags/Filecoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Filecoin</span></a>. You'd need to fund it with <a href="https://mastodon.social/tags/crypto" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>crypto</span></a>, but you wouldn't need to run your own servers. But yeah, don't imagine it would get a lot of positive attention around here, so I never got into it.</p>
Kevin Karhan :verified:<p>When those who are supposedly profiteering the most from <a href="https://infosec.space/tags/AI" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AI</span></a> <a href="https://infosec.space/tags/Storage" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Storage</span></a> needs are warning about the extreme over-demand for that <a href="https://infosec.space/tags/bubble" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>bubble</span></a>, you know shit's going bad. </p><ul><li>So like with <a href="https://infosec.space/tags/Shitcoins" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Shitcoins</span></a> (i.e. <a href="https://infosec.space/tags/FileCoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FileCoin</span></a>) before, now you have <a href="https://infosec.space/tags/AiBros" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AiBros</span></a> and other antisocial assholes going to <a href="https://infosec.space/tags/scalper" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>scalper</span></a> <a href="https://infosec.space/tags/HDD" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>HDD</span></a>|s, <a href="https://infosec.space/tags/SSD" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SSD</span></a>|s &amp; <a href="https://infosec.space/tags/GPU" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>GPU</span></a>|s at the expense of average businesses and espechally <a href="https://infosec.space/tags/consumers" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>consumers</span></a>! </li></ul><p>Happy <a href="https://infosec.space/tags/Greedflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Greedflation</span></a> everyone, enjoy your <a href="https://infosec.space/tags/AIslop" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AIslop</span></a>! </p><p><a href="https://www.youtube.com/watch?v=0inAOVCI1K8&amp;t=735" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">youtube.com/watch?v=0inAOVCI1K</span><span class="invisible">8&amp;t=735</span></a></p><p><a href="https://infosec.space/tags/sarcasm" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>sarcasm</span></a> <a href="https://infosec.space/tags/rant" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>rant</span></a> <a href="https://infosec.space/tags/Enshittification" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Enshittification</span></a> <a href="https://infosec.space/tags/tech" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tech</span></a> <a href="https://infosec.space/tags/Computex" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Computex</span></a></p>
Kevin Karhan :verified:<p><span class="h-card" translate="no"><a href="https://limepeeps.perchinup.top/@radmin" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>radmin</span></a></span> <span class="h-card" translate="no"><a href="https://wetdry.world/@vozercozer" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>vozercozer</span></a></span> them featuring <a href="https://infosec.space/tags/Bitcoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Bitcoin</span></a> <a href="https://infosec.space/tags/Ethereum" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Ethereum</span></a>, <a href="https://infosec.space/tags/BraveBrowser" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BraveBrowser</span></a> and not <a href="https://infosec.space/tags/Monero" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Monero</span></a>, <a href="https://infosec.space/tags/TorBrowser" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TorBrowser</span></a> &amp; <a href="https://infosec.space/tags/BitTorrent" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BitTorrent</span></a> shows that the original creators (<a href="https://wetdry.world/@vozercozer/114531966481940843" rel="nofollow noopener" target="_blank">not the OP</a>!) are <a href="https://infosec.space/tags/CryptoBros" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CryptoBros</span></a> and <a href="https://infosec.space/tags/TechIlliterates" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TechIlliterates</span></a> as they shove in <a href="https://infosec.space/tags/Blockchain" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Blockchain</span></a> garbage <em>everywhere</em> and fail to acknowledge shortcomings.</p><ul><li>I.e. <a href="https://infosec.space/tags/MetaMask" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>MetaMask</span></a> is just garbage software <em>and</em> doesn't even work well, far less can replace <a href="https://infosec.space/tags/PayPal" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PayPal</span></a> and do actual payments!</li></ul><p>Also noone wants garbage like Ethereum, <a href="https://infosec.space/tags/Filecoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Filecoin</span></a> and/or whatever other <a href="https://infosec.space/tags/Shitcoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Shitcoin</span></a> they pitch!</p>
Ecologia Digital<p>"Cook is working on other forms of <a href="https://mato.social/tags/decentralization" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>decentralization</span></a>, which could eventually help <a href="https://mato.social/tags/thefediverse" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>thefediverse</span></a> <a href="https://mato.social/tags/scale" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>scale</span></a>. He is principal engineer on <a href="https://mato.social/tags/Fission" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Fission</span></a> at <a href="https://mato.social/tags/ProtocolLabs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ProtocolLabs</span></a>, the creator of <a href="https://mato.social/tags/Filecoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Filecoin</span></a> and the <a href="https://mato.social/tags/IPFS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>IPFS</span></a> protocol (InterPlanetary File System), 2 popular <a href="https://mato.social/tags/crypto" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>crypto</span></a> projects. Fission says it is building an “edge computing stack” on top of IPFS. I asked Cook what that means, exactly?</p><p>“So we are building distributed compute tools…It’s relatively expensive to run a <a href="https://mato.social/tags/MastodonServer" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>MastodonServer</span></a>."</p><p><a href="https://thenewstack.io/why-a-twitter-founding-engineer-is-now-all-in-on-mastodon/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">thenewstack.io/why-a-twitter-f</span><span class="invisible">ounding-engineer-is-now-all-in-on-mastodon/</span></a></p>
Kevin Karhan :verified:<p><span class="h-card" translate="no"><a href="https://infosec.exchange/@XenoPhage" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>XenoPhage</span></a></span> stick with HBAs tho, and if you want good IOPS, stay clear of cheap JMicron / JMB Chipsets used in really cheap SATA Controller Cards that aren't useful for anything but <a href="https://infosec.space/tags/Filecoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Filecoin</span></a> and other <em>"<a href="https://infosec.space/tags/ProofOfStorage" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ProofOfStorage</span></a>"</em> <a href="https://infosec.space/tags/Shitcoins" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Shitcoins</span></a>!</p>
✨🇪🇺 Mia’s Simulacrum 🏳️‍⚧️✨<p>ohhh half the demos for IPFS are down and the commits die down slowly :/</p><p>i have the feeling that IPFS is slowly dying down, and i think this would be quite sad since it is a super useful technology. [pls see Context further down]</p><p>The NFT storage bullshit that was done to gain a bit of publicity for IPFS was really not a good long term strategy.<br>Also kind of sucks that so many ppl think that IPFS is something something blockchain... although it isn't... i guess it is because FileCoin uses IPFS...</p><p>If FileCoin would be usable in the first place this would be not such a big problem IMHO but for now it seams more like a speculation thingy then anything usefully that goes beyond "super complex and slow solution for backups".</p><p>At least everything is quite good documented and MIT/Apache-2.0 and other FOSS licenses.</p><p>Also Protocol Labs, the org behind IPFS and FileCoin and a lot of cool projects that are super useful for Networking, have discontinued their research grand project, one project especially is something i consider extremely important: Basically a way to get data that is distributed over IPFS anonymously - this would have high impacts for the Freedom of Knowledge. -&gt; here is the research-grant proposal:<br><a href="https://github.com/protocol/research-grants/blob/master/RFPs/rfp-014-private-retrieval-of-data.md" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">github.com/protocol/research-g</span><span class="invisible">rants/blob/master/RFPs/rfp-014-private-retrieval-of-data.md</span></a></p><p>-&gt; Context:<br>IPFS is basically BitTorrent but without a central tracker and deduplicates data by default, also the data created the address which means that multiple ppl could upload the same file independently and it would have the same address.</p><p><a href="https://lgbtqia.space/tags/IPFS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>IPFS</span></a> <a href="https://lgbtqia.space/tags/FileCoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FileCoin</span></a> <a href="https://lgbtqia.space/tags/ProtocolLabs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ProtocolLabs</span></a> <a href="https://lgbtqia.space/tags/FOSS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FOSS</span></a> <a href="https://lgbtqia.space/tags/torrent" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>torrent</span></a> <a href="https://lgbtqia.space/tags/networking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>networking</span></a> <a href="https://lgbtqia.space/tags/OpenSpurce" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>OpenSpurce</span></a> <a href="https://lgbtqia.space/tags/CDN" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CDN</span></a></p>
Danny O'B<p>Hey I know that I had that poll on doing more <a href="https://mastodon.spesh.com/tags/filecoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>filecoin</span></a> stuff here and the majority of you said oh yeah sure go ahead, SELLOUT, but I admit I am chicken. However, I do write a daily work-related email thing, and you can read it/subscribe/add the RSS feed here: <a href="https://buttondown.email/dannyob/archive/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">buttondown.email/dannyob/archi</span><span class="invisible">ve/</span></a></p>
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