Topic: Crytpo and Torrent Projects (Read 6047 times)

NXT is getting serious about torrents:

https://nxtforum.org/general-discussion/%28preview%29-torrents-plugin/

I also think there is a bright future for this combination, and it's nice to have a single thread to follow and discuss all the different approaches - seems like slow progress all round so far though.

is vTorrents working with the SuperNET guys?

Tried just that and the bitch almost shot me with her AKA 47  . Seriously though, Zozan aka Amir is still tinkering with her darkwallet and darkleaks works on top of her libbitcoin as does slur.io. I wouldn't count on Taaki to get his hands dirty for dark support. But porting libbitcoin to libdarkcoin should be trivial and make darkcoin integration into a really anonymous darkleaks or slur a piece of cake? Because who would trust bitcoin/darkwallet in matters of life and death?

Someone should tell Zozan about Darkcoin.  

People get killed over this shit. Darkcoin by itself isn't going to stop the CIA hit squad finding you, but why make it easy for them?

Darkleaks introduces torrent style downloads off the bitcoin blockchain.

https://medium.com/@ZozanCudi/darkleaks-information-blackmarket-1ee5ac28c892

Shit just got serious for rights owners, software vendors and just about anyone with anything to hide.

No problem. It's quite interesting, though even harder to grasp the first time than Bitcoin. I think there are probably less than 100 people who have a solid grasp on the underlying tech, maybe even less than 50, and that includes the dev team... Most of the other MAID owners are either speculators/traders or naive and lucky to have put their trust in a promising project that's actually legit. 

Since I'm a piss poor computer sience student with a significant study debt, I had to make the choice between investing in MaidSafe or Ethereum. I didn't want to make the poorer choice, so decided that I had to understand how both worked on a tech level to make an educated decision. In the end I spent 200 Euros on MaidSafeCoins and nothing on Ethereum. 

Never invest in something you don't understand!

Maegfaer

Cheers for that clarification.  I have been following the MaidSafe price since around $6m, but not following the tech 

It's not built on the Mastercoin protocol. Only the MaidSafeCoins run on the MasterCoin protocol,  but they are only temporary tokens to be exchanged for real SafeCoins 1:1 once the MaidSafe network launches. Once that happens MaidSafe has nothing to do with MasterCoin anymore.

MaidSafe has more in common with Bittorrent than with Bitcoin, since it uses a similar system to structure the network of data and nodes (the Kademlia DHT). The difference is that when seeding with Bittorent you choose which torrents and thus which data you are seeding. When seeding for MaidSafe, the network decides which data you seed. It wil gradually send you encrypted data chunks of 1MB in size for you to seed. Every chunk is also sent to and seeded by at least 3 other nodes. When a data chunk is downloaded by someone, you will essentially have a race with the other 3 seeders, and the one who finishes transferring it to the downloader first will get a chance to "mine" a SafeCoin.

So when you upload a personal file to MaidSafe for secure storage, your local client will cut up the file in chunks of 1MB and encrypts them. Your client will then send those encrypted chunks to it's manager group on the MaidSafe network, which will pass it along to the chunks data manager groups. Such a data manager group will pick 4 random seeders from the network which are tasked with storing/seeding the data chunk in question. The data manager group will monitor the availability of the seeders and if one goes offline will pick another seeder to also store that chunk. Your client will also put in your network account the hashes of the 1 MB data chunks and to which file they belonged. That way it can later retrieve those 1 MB chunks from all over the network, decrypt them, put them together, and that way restore the file.

Note that when I am talking about a "manager group", it is a group of nodes whose network ID have a mathematical relationship called 'XOR closeness' to the ID of your client or the ID of a particular data chunk (this 'XOR closeness' is the idea behind a Kademlia DHT). These ID's are calculated in a deterministic manner, so you cannot choose which ID your client or which ID's your data chunks will have. That assures that such a manager group is a group of completely random nodes. Such a group needs to achieve a 90% consensus before it can take any action on the network. Nodes in a group that do not follow the rules are de-ranked and eventually kicked out of the group and blacklisted. A node needs a set minimum rank to be able to gain a meaningful vote in such a group. You gain rank by providing the network resources (seeding and routing network data). You lose some rank when, as a seeder, you go offline for extended periods or when you lose data chunks you were supposed to store and seed. A higher rank results in higher SafeCoin rewards for seeding, so rank determines you rate of income as a seeder. You definitely want to maximize it.

As nodes leave and join the network constantly, these groups also change. Since you cannot pick your own network ID, and since you need to provide "Proof of Resource" to gain rank to vote in a consensus group, and since the groups are in a constant state of flux, it is deemed extremely costly to stage a sybil attack with the goal of dominating a particular manager group. There are more details to how the groups are formed, but this is the gist of it.

The end result is that, like in a blockchain, you'll have to outperform the rest of the network by a significant margin to be able to break rules, like double spending. The main advantage that this approach has, is that it's not only decentralized, but the work load is also fully distributed, which gives it virtually unlimited scalability.

Isn't MaidSafe supposed to be somewhere to store data in a safe and secure place? It's also built on the Masteroin protocol.

Torrents are far less risky than storing your own personal data online.

Anyway, good luck to them.

I liked this post, from ThePirateBayCoin thread.

Sounds like an interesting system I'll have to look into it (the no blockchain thing in particular has me intrigued). Thanks for the info. 

To store data on the network you pay in SafeCoin. The amount of storage you get for one SafeCoin is algorithmically based on the free:total space ratio of the network. Storing public data is discounted.

Using MaidSafe as cloud storage is desirable because:

• You don't have to worry about backups, the network maintains 4 copies of every 1MB chunk of data
• Logging in to the network is done with a PIN+Username+Password, so you never store any encryption keys locally so you can login from any machine. No more messing with locally stored wallets.
• MaidSafe storage costs will likely be very cheap. No middle-man, de-duplication (if 1000 people store the same video only the first one pays, the others won't pay anything and will simply "subscribe" to that video. The network still only maintains 4 copies, not 4000), and it utilizes free space that is currently wasted on the average user's harddrive.
• It's more private and anonymous than traditional cloud storage. None can review what or how much you have stored, or who you are for that matter.
• Download speeds will be fast. What is lost due to multiple hops between source and target is over-compensated by distribution. Since every different 1 MB chunk is uploaded by 4 completely different seeders, if you download a 100 MB file, your client could connect to 400 different nodes at the same time and download those chunks in parallel. Even if every chunk is uploaded only at measly 100 kb/s, your overall download speed could still be 10 MB/s.

Add to that the unique features of SafeCoin itself:

• Since there is no blockchain there is no public ledger. Any transaction can be anonymous.
• Transactions are practically instant (about 0.5 - 3 seconds).
• No transaction fees.
• Unlimited scalability, since it's all not only decentralized, but also distributed. The bigger the network becomes the more transactions it can handle.

Neat. But if they're giving content for free to people, and SafeCoins to seeders and content-makers where's the incentive for people to actually buy SafeCoin? What would give it value?

People download torrents because they are free. Since I don't watch TV and only like one or two TV shows. I download them, watch them and then give a copy to my friends.

If I had to pay for content with coins I would simply not use the system and go back to the old system: Piratebay or KickassTorrents.

The only reason I can see for a torrent coin is to pay the guys that upload and seed. As in seeding is mining. These guys deserve to be paid. They sit in movie theaters risking arrest with cameras and then take the time to edit, sync the audio and put out a release for us.

The rest of us can buy it and speculate on it. I think a system like this can have great success.

Nobody knows. More than a few weeks, less than a year, but apart from that it just depends on when they have finished testing and think its ready to release.

How long will it be before SafeCoin is released?

Crypto plus torrents in a different way: https://github.com/HelloZeroNet/ZeroNet

You should be able to tip the files uploader with altcoins  

MaidSafe uses the same type of distributed hash table as Bittorrent (Kademlia). Although it isn't the same protocol, it has roughly the same principals. The SAFE network is going to feature SafeCoin rewards for fast seeders, and for popularity of public files. If an artist uploads his or her content first, they'll earn SafeCoin (from the unissued pool) the more popular that content is. So the public gets free content and content producers get paid if they are popular.