You are viewing a single comment's thread from:
RE: Decentralizing the Internet: Maidsafe
..and Siacoin , I've installed the Sia-client and configured it, they have a working version of it, only downside is it uses a hell of alot of bandwidth constantly, so much so it impacts browsing, but I'm sure they'll sort this out in the next update, I've purchased some MaidSafe thanks to your blog Heidi, and thanks for scripting out whats discussed in the video, makes it so much easier for those of at the office to keep up with it. anyway, check out Siacoin if you hadn't had a chance yet, would love to see you do a comparison between Sotrj, Sia and Maidsafe in one of your next entries. thanks
Edit: oops, I just realized that you mention Sia in your blog right at the end, my bad, would still like to check out the comparison though ;)
Here is a short comparison from Taek a Sia forum admin:
Sia supports on-blockchain smart contracts that require hosts to store files in order to get paid. Once the contract has been created, the host is guaranteed to get paid, even if the uploader never accesses the file. This contract also allows us to enforce penalties on hosts that go offline or lose data.
Storj is similar to Sia, but does not feature on-blockchain storage contracts. Instead, Storj offers a pay-as-you-go model where hosts are paid with some frequency by the users. If the users disappear or go offline, the host stops getting paid. Storj is still running test groups, and has not yet implemented a network where you can upload files.
MaidSAFE is a very ambitious project that goes beyond just decentralized storage. They also have a much softer focus on efficiency. Sia's network should be both cheaper for uploaders AND pay its hosts more, due to smarter redundancy management. MaidSAFE also does not yet have a working global network where you can upload and download files.
MaidSAFE uses a completely novel scheme for achieving consensus (not a blockchain). This scheme is not proof-of-work, and has not been reviewed anywhere near as extensively as the Bitcoin protocol.
Thank you for that comparison, it was extremely informative I appreciate it, I'm going to guess that the only reason MAID has a higher value than SC is becuase it's been around longer and has had time to grow a following? since I've actually used the SC application and it's working (not perfectly but ja) so SC should really be higher in value than MAID in my opinion?