wallet/docs/ifpfs.html
2022-02-18 13:33:27 +10:00

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<h1>IPFS</h1><p>
is a distributed storage and communication system, Git plus bittorrent. It is used by various entities, notably filecoin and bit.tub</p><p>
It may well give you the shared global data storage you need for your global blockchain, without having to write low level communication protocols yourself.</p><p>
Trouble is, written in Go, and uses 4096 bit RSA keys. I lack confidence in people who use 4096 RSA keys, but it is a great deal of impressive (alpha) software. It is also a lot of well thought out design, for example the rules whereby peers can deal fairly with each other. Even though alpha, you can put your website on IPFS and browse it through IPFS</p><p>
IPFS plus filecoin is doing most of the things you were planning to do, except proof of stake, the corporate form, and names.
Filecoin raised 200 million, and its currency, FIL, provides real and substantial value in that you can buy file storage with it. Coinbase and like exchanges allow you to trade one cryptocurrency with another providing massive loss of privacy in the process. And you can, of course, buy cryptocurrency on coinbase. It is still in beta, but it is one crypto currency where mining provides real value. It is on the ethereum blockchain, which kind of sucks, but truth is they wanted to raise money in a hurry, and the ethereum network is where you raise money in a hurry.</p><p>
IPFS supports the web there is a javascript application that runs on your browser, without being installed as an extension, that can browse IPFS files.</p><p>
There is, as yet, no massive piracy system using IPFS, and there should be.</p><p>
IPFS interfaces to ethereum. The IPFS browser should be able to look at the ethereum blockchain, and the ethereum wallet should be able to look at the IPFS data structure</p><p>
IPFS has support for Merkle dag.</p>
<p style="background-color: #ccffcc; font-size: 80%;">These documents are
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Commons Attribution-Share Alike 3.0 License</a></p>
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