Is Decentralized Storage Similar To Mining? | Bill Schreckenstein | The Mining Pod The Mining Pod | Bitcoin Mining News

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.

https://filecoin.io/

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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