Podcasts: Is Decentralized Storage Similar To Mining? | Bill Schreckenstein | The Mining Pod 🔗 1 year ago
- Category: Podcasts | Compass Podcast | Bitcoin Mining News
- Author(s): William Foxley
- Published: 2nd March 2023 12:00
Today we’re going offroad from Bitcoin mining into an adjacent subject, decentralized storage. We are joined by Bill Schreckenstein, an engineer at Protocol Labs focused on building a decentralized alternative to cloud computing such as AWS.
Bill gives us the inside scoop on Filecoin–a decentralized network for storing data. We talk about the actors, the economics and how it compares to Bitcoin mining.
Bill Schreckenstein:https://www.linkedin.com/in/billschreckenstein
Will Foxley: https://twitter.com/wsfoxley
TIMESTAMPS:
00:00 Start
01:18 Bill's bio
05:26 Filecoin ecosystem
09:41 Adding capacity to the network
11:36 Slashing
12:50 FIL token & monetary rewards
16:50 Customer base?
21:06 Becoming a Filecoin storage provider
24:31 It's NOT like BTC mining
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