Storj DCS

It causes Storj to make their product inefficient - they inevitably overpay. It creates a centralisation of control. It means they don’t have an autonomous network.

2 Likes

The simple fact, that someone can do that means it is a centralized shit and not a decentralized network. It will die and has a zero chance to survive in long run.

2 Likes

None know the future and unneeded complexity isn’t helpful either IMO.

Ah man @Dimitar I feel we are piling onto you here. But the discussion is good and I think you do this on purpose ya :monkey: (at least I hope you do after writing this :wink: )

6 Likes

My thoughts too. You’re doing good @Dimitar keep pushing!

4 Likes

Naw, man @Dimitar - don’t listen to those guys. You’re full of crap. :stuck_out_tongue_closed_eyes:

lol … we love ya man

2 Likes

I know it’s always good to have more options and moves. Whether you will use them or not is another question.

People confuse the centralization of property with the centralization of the protocol. If someone owns 30% of the tokens in the network, this does not make the protocol/network centralized. The Ethereum Foundation has a huge amount of ETH, but Ethereum is totally decentralized on protocol level. Don’t be a communist, my friend…


Privacy. Security. Freedom

I am not sure they do and I am sure that centralisation of any part of the system is bad. Holding so much of the cash lets you do things like … forced hard fork, telling the future (your gonna get paid more cause were gonna pay you, no reason) and so on. That’s control.

The control of the money supply is exactly why bitcoin happened, to try and stop manipulation and it looked for a while it might do it.

2 Likes

Communist? Be careful when picking words. It is the worst possible insult.

More aptly, IMO, we don’t want authoritarian or totalitarian control over the network. If the foundation or anyone really wants to change the network, then let them plead with all stakeholders for funds. That gives accountability.

1 Like

I’m not insulting you, of course!

What I’m saying is that communists use this logic - “there should be no people who have more money, because it’s bad for everyone”


Privacy. Security. Freedom

1 Like

But I did not talk about anythink like that. I wrote, that the fact that someone has a control on how much the network pays for storage means it is centralized. I don’t know much about Storj, but from what you have written, there is some authority that says how much will farmers on Storj network receive.

Anyone can pay the farmers in the Storj network. I can run a Satellite and direct traffic to farmers and pay them. Whether farmers will use my Satellite depends on how much storj I offer them.


Privacy. Security. Freedom

1 Like

Now that you mention Chia, I wanted to report what I found when I decided to check it out. I have one rig farming one “plot” with plans to add more plots. You need a fast SSD (at least 360GB) to act as a temporary directory for each plot while it is being created. After that, the plot (now only about 100 GB after compressing) is moved automatically to another drive you stipulate. That drive does not need to be SSD so you can use the cheaper TB level SATA drives for that.

After my first plot was created the software estimated that it would take approximately 3 years for it to earn a reward. A 4TB drive could hold about 30-35 plots, though, so I guess, one machine could narrow down that estimated time frame to about a month or so.

I was astonished at how slick and easy the user interface was. A couple of improvements could be made in the area of error-checking, for example: they should let users know how to stop a plot while it is being created and what happens when you do and also it was not clear to me in the beginning if you needed a total of 360GB space for all the temporary files or 360GB for each plot you are creating (you can create more than one plot at a time if your machine is capable). The answer is that you need that much space for each simultaneous plot you are creating. Other than that the user interface is very intuitive and simple, yet comprehensive and informative.

If anyone is interested I’ll let you know how my little experiment is going later on.

6 Likes

I would love to know, Brahm is an interesting dude. I feel he will be working like mad to make that data useful stuff, but I am not sure he can. Anyway good to keep up with what’s happening. Their business model is very interesting to say the least.

1 Like

Aha, now I understant. That network is completelly different from ours. But I don’t understand how could they prevent data lose this way. They have to pay for same data repeatedly again and again?

2 Likes

Yes, they pay for Repair & Audit:


Privacy. Security. Freedom

2 Likes

Ok, now I understand. Now tell me, where can I short Storj coin:)

1 Like

Will you be shorting during the Bull Market? I prefer you to save your money to buy more MAID :wink:


Privacy. Security. Freedom

2 Likes

During safenetwork bull market, yes. Right now any crap can go DOGE style. In such times the only safe short is FIAT short.

2 Likes