[ANN] Storj - Decentralized Storage - page 104.

sdersdf2

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Quote from: super3 on July 26, 2014, 11:28:57 AM

Quote from: sdersdf2 on July 26, 2014, 10:41:51 AM

Quote from: Wulfcastle on July 18, 2014, 05:48:39 PM

Quote from: superresistant on July 18, 2014, 11:15:29 AM

I would not sent any penny to this project.

If the project have value in itself, you don't need to dilute it.

Let's see the final product and stop speculating on something that doesn't exist yet.

The project looks much more legit that Maidsafe though.

Have you seen the MaidSafe whitepapers, compared to Storj's whitepaper, the two don't compare. MaidSafe may lack the designers that Storj have, however in the technical department they seem to be doing pretty well Tongue

Anyway, back on topic. Why is there a need to crowd-fund 9,800 BTC which is around ~ $6 Million and dilute the IPO. If they need to cover expenses surely a smaller amount would suffice. I'm sure they don't have anywhere close to $6 Million in expenses. Then again if virtually every thing is completed, which is what they are stating, then why not just launch like any other coin?

i'd like to know the answer to this as well.

There is lots of confusion about the 9,800 BTC number. Will be making a clarification in the next few days.

My main priority is getting the first farming software out. I'm currently working on another proper whitepaper. The first one was written back when decentralized storage was still just an idea. Things like Counterparty didn't even exist. Everyone loves proper whitepapers with all the technical terms. I prefer prototype software. Tell me sdersdf2 how does Maidsafe deal with Sybil attacks?

My comment was directed to the question of how the 9,800 BTC number is justified, not on how Maidsafe (or you) deal with Sybil attacks.

super3

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Quote from: sdersdf2 on July 26, 2014, 10:41:51 AM

Quote from: Wulfcastle on July 18, 2014, 05:48:39 PM

Quote from: superresistant on July 18, 2014, 11:15:29 AM

I would not sent any penny to this project.

If the project have value in itself, you don't need to dilute it.

Let's see the final product and stop speculating on something that doesn't exist yet.

The project looks much more legit that Maidsafe though.

Have you seen the MaidSafe whitepapers, compared to Storj's whitepaper, the two don't compare. MaidSafe may lack the designers that Storj have, however in the technical department they seem to be doing pretty well Tongue

Anyway, back on topic. Why is there a need to crowd-fund 9,800 BTC which is around ~ $6 Million and dilute the IPO. If they need to cover expenses surely a smaller amount would suffice. I'm sure they don't have anywhere close to $6 Million in expenses. Then again if virtually every thing is completed, which is what they are stating, then why not just launch like any other coin?

i'd like to know the answer to this as well.

There is lots of confusion about the 9,800 BTC number. Will be making a clarification in the next few days.

My main priority is getting the first farming software out. I'm currently working on another proper whitepaper. The first one was written back when decentralized storage was still just an idea. Things like Counterparty didn't even exist. Everyone loves proper whitepapers with all the technical terms. I prefer prototype software. Tell me sdersdf2 how does Maidsafe deal with Sybil attacks?

super3

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Quote from: sdersdf2 on July 26, 2014, 10:38:38 AM

Quote from: Poltroon on July 22, 2014, 01:04:23 AM

Quote from: super3 on July 21, 2014, 09:26:08 PM

"data is lost even with some redundancy" tl;dr periodic hash challenge verification of file integrity also serves as a trigger for file recovery from other nodes. all files are at least 3x redundant on the network, but you could set your file redundancy to 500 if you wanted to protect it from Armageddon.

but Storj doesn't know what is real redundancy and what isn't. You might think the file is backed up in 500 places but all those places end up being the same guy and maybe even same location. Locations can be disguised right? "sybil attack"

is this true?

No. Each redundant copy is uniquely encrypted. Its not possible for the attacker to end up with 499 other copies, much less pass the hash challenges for them.

sdersdf2

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Quote from: Wulfcastle on July 18, 2014, 05:48:39 PM

Quote from: superresistant on July 18, 2014, 11:15:29 AM

I would not sent any penny to this project.

If the project have value in itself, you don't need to dilute it.

Let's see the final product and stop speculating on something that doesn't exist yet.

The project looks much more legit that Maidsafe though.

Have you seen the MaidSafe whitepapers, compared to Storj's whitepaper, the two don't compare. MaidSafe may lack the designers that Storj have, however in the technical department they seem to be doing pretty well Tongue

Anyway, back on topic. Why is there a need to crowd-fund 9,800 BTC which is around ~ $6 Million and dilute the IPO. If they need to cover expenses surely a smaller amount would suffice. I'm sure they don't have anywhere close to $6 Million in expenses. Then again if virtually every thing is completed, which is what they are stating, then why not just launch like any other coin?

i'd like to know the answer to this as well.

sdersdf2

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Activity: 224

Merit: 100

Quote from: Poltroon on July 22, 2014, 01:04:23 AM

Quote from: super3 on July 21, 2014, 09:26:08 PM

"data is lost even with some redundancy" tl;dr periodic hash challenge verification of file integrity also serves as a trigger for file recovery from other nodes. all files are at least 3x redundant on the network, but you could set your file redundancy to 500 if you wanted to protect it from Armageddon.

but Storj doesn't know what is real redundancy and what isn't. You might think the file is backed up in 500 places but all those places end up being the same guy and maybe even same location. Locations can be disguised right? "sybil attack"

is this true?

super3

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Activity: 1094

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Quote from: jubalix on July 25, 2014, 07:15:01 AM

so basically storj aims to be a backend services integrator, need storage you find best alternative etc, need decetralised contract....which etherium/nxt/ etc....

this could work as windows aggregates storage / cpu/ etc into a useable interface.

you appear to be building a product that allows the average joe to not have to follow the latest ipo/invest, rather just use storej on top of that, and you guys build the abstraction interface

Well we are building both apps and protocols. The average joe can use our apps without having to worry about crypto. On the other end the Bitcoin users(who understand things like mining) will be providing the network resources. This allows us to reach into an area that Bitcoin was never able to.

super3

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Quote from: Primitive on July 24, 2014, 06:38:54 PM

Dear Devs - the "Pitch Deck" link on your website goes to a dead page.

Oops, fixed. Can you throw up a SJCX address for a tip?

jubalix

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so basically storj aims to be a backend services integrator, need storage you find best alternative etc, need decetralised contract....which etherium/nxt/ etc....

this could work as windows aggregates storage / cpu/ etc into a useable interface.

you appear to be building a product that allows the average joe to not have to follow the latest ipo/invest, rather just use storej on top of that, and you guys build the abstraction interface

U

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What will happen if the BTC raised aim not arrived after IPO time?

Primitive

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Dear Devs - the "Pitch Deck" link on your website goes to a dead page.

super3

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Yes.

FrictionlessCoin

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Quote from: super3 on July 23, 2014, 05:30:10 PM

Quote from: bananaControl on July 22, 2014, 05:28:35 AM

Quote from: hamiltino on July 22, 2014, 05:24:48 AM

Quote from: bananaControl on July 22, 2014, 05:22:07 AM

Quote from: hamiltino on July 22, 2014, 05:13:58 AM

I read a post made by one of the storj cofounders on the maidsafe google group development forums and he came across extremely arrogant. He also mentioned that storj will be developing applications on the maidsafe protocol: "am the co-founder of StorJ.io, which is an open-source software company developing applications for the MAIDSAFE protocol".

Does this mean storj is just a maidsafe storage application that tries really hard to hide this fact?

https://groups.google.com/forum/#!topic/maidsafe-development/RZfKNFe3Dk0

Even if they are using anything maidsafe, how is that "trying really hard to hide this fact" when the Storj guys have been openly been saying something in the line of that they will incorporate any code/projects that makes sense? That's the beauty of open source. If you don't like people using your OS code for other OS projects, then don't bloody hell release it as OS.

Well going on the storj website i see no mention of storj being an application on the maidsafe protocol. My initial impression was it was developing its own network.

Yeah, I actually thought so too. But then again, should they also mention all the other building blocks they are using? But a clear statement on this matter from the Storj guys to set things straight would be nice.

So Storj is building apps and protocols. So this makes it pretty east to integrate with other platforms. I've already reached out to Maidsafe, Siacoin, and Permacoin.

People are so wrapped around in the old model of competition, they forget all of this is decentralized. Particular decentralized data protocol works great for a particular use case? No problems, just integrate it into the front end and let the user or the application choose the data protocol to use.

Decentralized yes, but what about the currency? Is the currency decentralized?

super3

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Quote from: bananaControl on July 22, 2014, 05:28:35 AM

Quote from: hamiltino on July 22, 2014, 05:24:48 AM

Quote from: bananaControl on July 22, 2014, 05:22:07 AM

Quote from: hamiltino on July 22, 2014, 05:13:58 AM

I read a post made by one of the storj cofounders on the maidsafe google group development forums and he came across extremely arrogant. He also mentioned that storj will be developing applications on the maidsafe protocol: "am the co-founder of StorJ.io, which is an open-source software company developing applications for the MAIDSAFE protocol".

Does this mean storj is just a maidsafe storage application that tries really hard to hide this fact?

https://groups.google.com/forum/#!topic/maidsafe-development/RZfKNFe3Dk0

Even if they are using anything maidsafe, how is that "trying really hard to hide this fact" when the Storj guys have been openly been saying something in the line of that they will incorporate any code/projects that makes sense? That's the beauty of open source. If you don't like people using your OS code for other OS projects, then don't bloody hell release it as OS.

Well going on the storj website i see no mention of storj being an application on the maidsafe protocol. My initial impression was it was developing its own network.

Yeah, I actually thought so too. But then again, should they also mention all the other building blocks they are using? But a clear statement on this matter from the Storj guys to set things straight would be nice.

So Storj is building apps and protocols. So this makes it pretty east to integrate with other platforms. I've already reached out to Maidsafe, Siacoin, and Permacoin.

People are so wrapped around in the old model of competition, they forget all of this is decentralized. Particular decentralized data protocol works great for a particular use case? No problems, just integrate it into the front end and let the user or the application choose the data protocol to use.

IamNotSure

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Quote from: josegines on July 23, 2014, 10:34:04 AM

In Counterwallet there are sales/purchase orders of SJCX with BTC.

Is there a problem to buy or sell before the end of the Crowdsale?

Can I mix the SCJX gained in Crowdsale with the purchased in Counterwallet?

Actually, nothing prevents you buying the SJCX on counterwallet if the price is better. Maybe someone wants to sell at a loss...

josegines

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In Counterwallet there are sales/purchase orders of SJCX with BTC.

Is there a problem to buy or sell before the end of the Crowdsale?

Can I mix the SCJX gained in Crowdsale with the purchased in Counterwallet?

MountainTop

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The idea sounds very interesting.

Will spend some time to go through the detail.

coin@coin

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Just translated the OP post in the Italian Sub Forum:

https://bitcointalksearch.org/topic/ann-storj-storage-decentralizzato-705972

Maybe someone could do the same for other languages?

I've also added some more translations of blog posts to it that I've done on the main StorjTalk Forum:

http://storjtalk.org/index.php?topic=1437.0

FrictionlessCoin

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Going to reserve judgment on this until I get more technical details of how this is supposed to work.

bananaControl

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Decentralize All The Things!

Quote from: hamiltino on July 22, 2014, 05:24:48 AM

Quote from: bananaControl on July 22, 2014, 05:22:07 AM

Quote from: hamiltino on July 22, 2014, 05:13:58 AM

I read a post made by one of the storj cofounders on the maidsafe google group development forums and he came across extremely arrogant. He also mentioned that storj will be developing applications on the maidsafe protocol: "am the co-founder of StorJ.io, which is an open-source software company developing applications for the MAIDSAFE protocol".

Does this mean storj is just a maidsafe storage application that tries really hard to hide this fact?

https://groups.google.com/forum/#!topic/maidsafe-development/RZfKNFe3Dk0

Even if they are using anything maidsafe, how is that "trying really hard to hide this fact" when the Storj guys have been openly been saying something in the line of that they will incorporate any code/projects that makes sense? That's the beauty of open source. If you don't like people using your OS code for other OS projects, then don't bloody hell release it as OS.

Well going on the storj website i see no mention of storj being an application on the maidsafe protocol. My initial impression was it was developing its own network.

Yeah, I actually thought so too. But then again, should they also mention all the other building blocks they are using? But a clear statement on this matter from the Storj guys to set things straight would be nice.

hamiltino

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P2P The Planet!

Quote from: bananaControl on July 22, 2014, 05:22:07 AM

Quote from: hamiltino on July 22, 2014, 05:13:58 AM

I read a post made by one of the storj cofounders on the maidsafe google group development forums and he came across extremely arrogant. He also mentioned that storj will be developing applications on the maidsafe protocol: "am the co-founder of StorJ.io, which is an open-source software company developing applications for the MAIDSAFE protocol".

Does this mean storj is just a maidsafe storage application that tries really hard to hide this fact?

https://groups.google.com/forum/#!topic/maidsafe-development/RZfKNFe3Dk0

Even if they are using anything maidsafe, how is that "trying really hard to hide this fact" when the Storj guys have been openly been saying something in the line of that they will incorporate any code/projects that makes sense? That's the beauty of open source. If you don't like people using your OS code for other OS projects, then don't bloody hell release it as OS.

Well going on the storj website i see no mention of storj being an application on the maidsafe protocol. My initial impression was it was developing its own network. The least they can do is mention maidsafe and give credit where credit it due.

Topic: [ANN] Storj - Decentralized Storage - page 104. (Read 389811 times)