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Topic
Board Altcoin Discussion
Re: MAIDSafe coin to launch in this month!
by
TPTB_need_war
on 10/02/2016, 04:59:26 UTC

I read the white paper last week.

1) Sybil - Bonds and unique pieces

There is no way to do proof-of-storage that is robust. The only way is to make some assumptions about latency of propagation to a centralized copy of all files, but that can be gamed. Propagation is not proof.

2) Illegal content - Greylists

The Storj FAQ confirms these are opt-in, and not forced. Thus I maintain my point that the Storj protocol can become banned (refused) by Hosts (and even ISPs). We are moving into totalitarianism and increased government control over the internet.

This direction of enabling theft of copyrights is begging for your project to be attacked and fail.

3) Bandwidth vs storage - pay for both

Pay how? Micropayments for each access to bandwidth?

How to pay for storage when it is decentralized with unbounded replications and can be Sybil attacked.

Sorry these decentralized systems are doomed. The concept can't work.

The mathematical models are right there in the paper. We are collecting live data from the network, which proves the models are correct.

"Its not going to work" in face of real data showing that is working is not going to cut it. Please provide some data or mathematical models that say otherwise. Latency doesn't matter for proofs.

Testnets do not prove that the Sybil attack resistance and payment model economics work (because game theory is fully incentivized in the wild).

Regarding case 1) in the quote above, the fact is the math models are often myopic[1] (and again that is so in this case), because it is impossible to prove proof-of-storage/retrievability:

These proof-of-storage/retrievability algorithms also employ a challenge/response to force the node to have access to the full copy of the data which should be stored, but this does not prevent the node from outsourcing the storage to a single centralized repository. So to attempt prevent that centralized repository attack (i.e. Sybil attack on the nodes) these proof-of-storage/retrievability algorithms “try to use network latency to prevent centralized outsourcing, but [that is impossible because] ubiquitously consistent network latency is not a reliable commodity”.

[1]Meni Rosenfeld's myopic math, and note Meni is a widely respected academic:
https://bitcointalk.org/index.php?topic=1319681.msg13633504#msg13633504

And my explanation of the myopia:
https://bitcointalk.org/index.php?topic=1319681.msg13797768#msg13797768
https://bitcointalk.org/index.php?topic=1319681.msg13819991#msg13819991
https://bitcointalk.org/index.php?topic=1319681.msg13763395#msg13763395
https://bitcointalk.org/index.php?topic=1319681.msg13647887#msg13647887




Of course decentralized file systems are not compatible with the 19th century business models of the MPAA and RIAA, such as placing music on Edison Cylinders https://en.wikipedia.org/wiki/Phonograph_cylinder and then distributing the Edison Cylinders by sailing ship. That does not mean however that decentralized file systems are doomed, what it does mean is that decentralized file systems will serve to further accelerate the demise of these 19th century business models, and the corporations that promote them.

The political argument is irrelevant for as long as the technology and payment (economic) models are irreparably flawed, as I explained above.