Not user friendly?

15

This thread brings up a couple questions for me:

  1. If SafeCoins are stored as actual data which simply changes owners, how is it possible to have it capable of divisibility? When a new safecoin is minted, it will check if an existing safecoin already exists with a particular ID. If a safecoin has already been divided multiple times, what exactly will let the minters know that ID already exists?

  2. What kind of algorithm is used for deduplication? All files must be encrypted using the uploaders’ private keys (to prevent others from deleting it). Would that not create different xor IDs of chunks for different people, despite files being identical?

On an additional note, Gangnam Style was 1 PUT and 2 billion GET requests. I hope the paid PUT and free GET system will be sustainable in actual practice!

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