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#filecoin

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@maikel basically, it boils down to the few key features of #Monero:

1. #Anonymity & #Privacy: Unlike with any other #cryptocurrency (aka. #Shitcoins) it's not just pseudonymous in that there is no mandatory linkage between individuals & their wallets, but the entire transaction history and balance is hidden. Unlike say #Bitcoin or #Ethereum one cannot track the coins from the moment of mining to their destination.

2. Speed: Monero's network does mine one block every 2 minutes. After 10 blocks any transfered balance gets unlocked for spending. That means that a transfer is completed at worst within 6 minutes and the balance is being unlocked at worst after 24 minutes. This makes it faster than Instant-#SEPA which only has a 1 hour SLA.

3. #Fungibility: Like #cash all it's coins are equal, since they cannot be tracked. This makes Monero the digital equivalent of cash.

4. #Scalability & #Stability: Monero adaptively self-adjusts block sizes and mining difficulty based upon demand (transactions in it's mempool aka. requested transactions that have to be added to the blockchain) and supply (total blockchain hashrate). Unlike Bitcoin and Ethereum it has a fixed Tail Emission Rate of at least 0,6 #XMR (Monero) per block, so the miners solving it get at least 0,6 XMR (+ transaction fees), which is a longterm stable rate. Bitcoin and Ethereum will necessitate huge transfer fees once their last coins are mined to make sense, which will result in the crash of said cryptocurrencies as they'll be too expensive to trade!

5. Anti-#ASIC and focussed on #CPU|s of general-purpose machines: Whilst it does run on #ProofOfWork, it's specifically designed to run poorly on #GPU|s and not on #ASICs as the latter one are not just manufactured #eWaste but also inherently increase the centralization (with less than a dozen big miners controlling >50% of Bitcoin and Ethereum's hashrate respectably). Thus it's the "least worst" in that regard. #ProofOfStake is not possible due to it's privacy-based setup (#Staking necessitates a public balance) and unlike a #Shitcoin like #FileCoin it doesn't incentivize #hoarding components. (in this case: #HDD|s)

6. Accepted & Convertable: Whilst there is a concerted effort to ban Monero, there are payment processors like #NowPayments that accept Monero. It's low transaction fees and good speed make it useable in settings like Restaurants and Online Stores (sadly not retail, because it would need to be like 60x faster)... And even then it's easy to convert to/from Shitcoins.

That's the #TLDW of Whiteboard Crypto, Mental Outlaw and The Hated One

And finally:

7. Monero gets continously developed and enhanced, whereas Bitcoin, #Litecoin and Ethereum don't even do proper #upgrades via #HardForks (see #EthereumClassic)...

When those who are supposedly profiteering the most from #AI #Storage needs are warning about the extreme over-demand for that #bubble, you know shit's going bad.

Happy #Greedflation everyone, enjoy your #AIslop!

youtube.com/watch?v=0inAOVCI1K

Replied in thread

@radmin @vozercozer them featuring #Bitcoin #Ethereum, #BraveBrowser and not #Monero, #TorBrowser & #BitTorrent shows that the original creators (not the OP!) are #CryptoBros and #TechIlliterates as they shove in #Blockchain garbage everywhere and fail to acknowledge shortcomings.

  • I.e. #MetaMask is just garbage software and doesn't even work well, far less can replace #PayPal and do actual payments!

Also noone wants garbage like Ethereum, #Filecoin and/or whatever other #Shitcoin they pitch!

Wet-Dry Worldvozer 🎀 (@vozercozer@wetdry.world)Attached: 4 images web 3.0 is when chrome isnt and brave is

if you're one of those sick freaks who loves rescuing data for fun and democracy, the Internet Archive posted an update on the End of Term Archive: blog.archive.org/2025/02/06/up

Interesting they are using Filecoin as an added layer of preservation. I'm skeptical of all crypto but some people have told me that filecoin is the "only good implementation" of it. still skeptical. Archivists, plz share your hot #filecoin takes !!

blog.archive.orgUpdate on the 2024/2025 End of Term Web Archive | Internet Archive Blogs

We’re stoked to be on this amazing bill of organizations archiving important cultural things in a decentralized archiving environment, alongside Internet Archive, Smithsonian Institution, Massachusetts Institute of Technology, and others.

prnewswire.com/news-releases/f

We created the Flickr Commons 1k collection to contribute to this important starting point, taking to sample across all our members, and using our emerging Data Lifeboat concept in its very first public release.

Спецанонс:

**Революция в мире хранения данных: Прогнозы для криптовалют и технологий блокчейн на lor.sh**

Друзья, впереди серия публикаций, которые охватят самые горячие темы в криптопространстве, среди которых — будущее децентрализованного хранения данных, криптопроекты на базе IPFS, вопросы безопасности и конфиденциальности в Web3, а также новые горизонты для NFT и цифровых активов. Время не ждет, и на lor.sh вы увидите глубокие аналитические материалы, которые помогут понять, куда движется крипторынок и как технологии, такие как **Filecoin, Audius** и **Arweave**, прокладывают путь в будущее.

**Что вас ждет?**
- Инсайты по последним тенденциям в сфере блокчейна и криптовалют.
- Практические примеры децентрализованного хранения данных.
- Дискуссии о Web3, криптопрорыве и роли IPFS в формировании нового интернета.
- Анализ безопасности, приватности данных и технологий защиты, которые становятся неотъемлемой частью нашего цифрового мира.

Будьте с нами на lor.sh, чтобы не пропустить главные события в мире технологий, пока мы не успели выгореть :)

Вот несколько хэштегов, которые помогут привлечь внимание и напомнить о вашем контенте:

#IPFS #Web3 #ДецентрализованноеХранение #Криптовалюта #Filecoin #Audius #Arweave #NFT #БлокчейнТехнологии #ЦифровыеАктивы #БезопасностьДанных #Конфиденциальность #CryptoInnovation #CryptoRevolution #ТехнологииБудущего #DigitalPrivacy #TechInsights

Эти хэштеги идеально подойдут для привлечения аудитории, которая заинтересована в самых актуальных криптовалютных и технологических темах.

"Cook is working on other forms of #decentralization, which could eventually help #thefediverse #scale. He is principal engineer on #Fission at #ProtocolLabs, the creator of #Filecoin and the #IPFS protocol (InterPlanetary File System), 2 popular #crypto projects. Fission says it is building an “edge computing stack” on top of IPFS. I asked Cook what that means, exactly?

“So we are building distributed compute tools…It’s relatively expensive to run a #MastodonServer."

thenewstack.io/why-a-twitter-f

The New Stack · Why a Twitter Founding Engineer Is Now All-in on MastodonBlaine Cook was there at the very beginning of Twitter; now he's focused on building fediverse infrastructure that will help Mastodon scale.

ohhh half the demos for IPFS are down and the commits die down slowly :/

i have the feeling that IPFS is slowly dying down, and i think this would be quite sad since it is a super useful technology. [pls see Context further down]

The NFT storage bullshit that was done to gain a bit of publicity for IPFS was really not a good long term strategy.
Also kind of sucks that so many ppl think that IPFS is something something blockchain... although it isn't... i guess it is because FileCoin uses IPFS...

If FileCoin would be usable in the first place this would be not such a big problem IMHO but for now it seams more like a speculation thingy then anything usefully that goes beyond "super complex and slow solution for backups".

At least everything is quite good documented and MIT/Apache-2.0 and other FOSS licenses.

Also Protocol Labs, the org behind IPFS and FileCoin and a lot of cool projects that are super useful for Networking, have discontinued their research grand project, one project especially is something i consider extremely important: Basically a way to get data that is distributed over IPFS anonymously - this would have high impacts for the Freedom of Knowledge. -> here is the research-grant proposal:
github.com/protocol/research-g

-> Context:
IPFS is basically BitTorrent but without a central tracker and deduplicates data by default, also the data created the address which means that multiple ppl could upload the same file independently and it would have the same address.

GitHubresearch-grants/RFPs/rfp-014-private-retrieval-of-data.md at master · protocol/research-grantsProtocol Labs Research Grants. Contribute to protocol/research-grants development by creating an account on GitHub.
Replied in thread

@willscott there's actually a pretty complex set of variants of how car files can be sent from a web gateway, including ordering and whether you repeat blocks. (Intrigued by who uses these optimizations -- often this stuff gets implemented because #filecoin storage providers are stress-testing bits of IPFS in their work, but not sure that's the case here)