|
|
|
|
|
by MrEldritch
2832 days ago
|
|
The problem with FileCoin is that the math behind it - Proof-of-Spacetime and Proof-of-Replication - just ... doesn't exist yet. That's what the delay has been, trying to figure out how to actually turn those into usable cryptographic primitives. It's not clear that a practical, scalable implementation of the system described in the FileCoin paper is actually even possible. (There's been some progress on getting proof-of-replication working, but it's still early stages and I haven't seen anything on proof-of-spacetime.) Also, the economics of FileCoin don't make a lot of sense ... https://blog.dshr.org/2018/06/the-four-most-expensive-words-... |
|
I just dug it up and they say Proof of Replication is going great. But don't show anything, they promise to open the code in the 'coming months' so people might see what progress has been done if any.
No progress was mentioned for Proof of Spacetime.
Edit: The link to their update, the only substantial one since the ICO last year I think... https://filecoin.io/blog/update-2018-q1-q2/