> ... of siacoin
From "looks interesting" to "close tab" in one word.
this is just silly. do you have any specific issues? or are you just prejudicial against the whole crypto space? highly recommend you visit https://siasky.net and see for yourself
Readit NewsI can't really see how a craptocurrency attached to a messenger provides any sort of pseudonymity. If I can send money to you, I can later identify you in a ledger, which simply means I need to find some reason to converse with you and it's game over. If the ledger isn't public, you're back under corporate or Government control.
Signal does not require KYC, so there is no direct link there. As far as public ledgers are concerned, pseudonymous activity offers reasonable privacy controls as long as you know what you are doing.
There are also entirely anonymous cryptocurrencies with no readable public ledgers. Everything is still decentralised, no centralised control of any kind, but you can't see what people are doing (Monero and Zcash being good examples. Signal uses Mobilecoin, which still needs to stand the test of time).
There is still a long road to go before there is a fool proof anonymous, liquid, consumer friendly, usable cryptocurrency, but it is the last bastion of defense against complete total state and corporate surveillance. - One of the greatest threats to human life, on par with climate change.
Your use of the word "craptocurrency" is rather childish and naive. Eventually you will take a closer look at the situation and reconsider. Good luck
I will leave this https://www.theengineroom.org/dangerous-data-the-role-of-dat...
The comment from the article echos my own sentiments:
> Speaking solely as a person who is really into encrypted messaging, it terrifies me that they're going to take this really clean story of an encrypted messenger and mix it up with the nightmare of laws and regulations and vulnerability that is cryptocurrency.
Moreover, there are three other points I'd add:
1. I don't like "do everything" apps like WeChat or Line. One of Signals strengths was UX that focused on it's core competency. Early in Signal's development they would add privacy features. Lately they have been adding social features. This, however, feels especially out of left field and likely to hurt the UX.
2. This smells like dev resources will be spent building and maintaining something not related to messaging.
3. I've always had a "don't let perfect be the enemy of good" rationalization that gives Signal autonomy to grow a privacy centric messaging app despite the deficits (e.g lack of federation). In contrast, I personally associate "crypto" with "scam". There have been so many shady ICOs and pump-dump schemes around crypto. This will taint the product for those of us who don't think of crypto currency as being anything more than pump-and-dump schemes and a way to buy dab rigs online.
The "scam" is using payment systems that allow their owners, controllers, or just hackers to spy on every single transaction on earth, accessing all your past present and future economical activity on demand. Not even the worst dictatorships of centuries past ever dreamt of such awareness and control.
The promotion of pseudonymous and anonymous digital payment systems such as cryptocurrencies is vital to a healthy and functioning society.
Is there a tl;dr how this differs from e.g. Freenet?
I mean aside from the "we use blockchain herp derp".
Among other things, the blockchain/crypto part ensures hosts and portals have a monetary incentive to host data, making their service scalable and sustainable.
Sorry, but this is not decentralized at all, as you are at mercy of siasky.net serving you the right code. If siasky.net is compromised it will serve you code which steals the account. This is strictly inferior to normal web, as you need to trust both the app developer and the portal code is served from.
Having multiple mirrors is NOT decentralization.
My criteria for "decentralized web" candidates are:
* credentials are managed by a trusted component outside of controls of apps, let alone mirrors
* content integrity is checked before it is used
* switching between nodes happens automatically in
background, there should be no SPoF (i.e. if download
through node 1 fails client should automatically retry
from node 2 and so on).
The only missing piece is a browser plugin or a dedicated browser that verifies that each piece of content you are served corresponds to the hash you are requesting. This is on the global roadmap, as well as automatic portal switching. The philosophy of the project is absolutely in line with your thinking.
I agree! Ethereum is already to big and too expensive to use. I hold a lot but worry about both BTC and Ethereum. Normal people can no longer use either chain for everyday transactions and at this rate Ethereum will never work as a global computer. To me only Bitcoin Cash and Monero really have their use cases and code sussed out. Sia (and filecoin) work great but both have issues with their insentives, in Sia's case they issue too many coins and it's not profitable to host content.
You claim Sia issues too many coins. That is a myth. Inflation in 2021 will be no higher than 7%, declining every year after that. In case you are referring to the total supply, would it make you feel better to move the decimal to the left?
Hosts have been saving and serving content since the launch of the Sia network years ago. It is profitable if done at scale. For more information, https://siastats.info/storage_pricing
So what's stopping an abuser from generating tons of accounts and spamming their network with junk causing everyone to have to host lots of junk data?
Cost. If this abuser was running his own Portal node to do so, he would simply be paying hosts to host his junk data. Hosts would be very happy to do so, as they set their own prices.
If this abuser was trying to use a public Skynet portal, the same abuse prevention measures apply as for any other data storage service out there. IP banning, filtering, etc
All files are stored encrypted. You can use it for privacy as well as storing child pornography.
Edit: Above is about Sia. Apparently Skynet is different.
That is incorrect. Only files on the basic Sia client are all stored encrypted. Skynet stores all files by default in cleartext. It is up to Skynet users or app developers to ensure files that are uploaded are encrypted client side.
On a side note, child pornography is not the intended or primary use case for Skynet and is condemned by the dev team and the community at large. There is no evidence to suggest anyone is using Sia or Skynet for this type of content, and portal operators aggressively censor such content and report it to authorities.
Skynet is intended for privacy and data ownership while also offering users unprecedented features in terms of portability and composability.
Why is this free? Who is paying the Sia nodes to store the data?
Portal and renter nodes pay hosts for the data in Siacoin. These payments are managed by file contracts that renters and hosts agree on and sign cryptographically. These contracts involve periodic verification that the data is being hosted. Failure to verify involves an automatic financial loss for hosts.
> Siacoin can be efficiently mined with ASIC mining machines.
Not sure why you implied there was any need to look further into this. It seems to be based on proof of waste.
You seem to have a very definitive and final opinion on proof of work - would love to hear your opinion on this paper