Cryptocurrency: Seagate line of crypto-specific drives, Proof Of Storage Space

[grarpamp]

> Why would they be lossy?

Because someone brought lossy into the thread as an option.

> Free storage of unlimited data that is important to the world

Free to you is only upon gift of others.

> Is this the lifetime of a rotating disk?

Once past early death can be many years, but
amortization, depreciation, obsolete size/power, etc
starts coming into play around there.

https://www.backblaze.com/

> Have you considered bulk tape storage?

In thread.

> What about Moore's law?

Moore is just an observation over past manufacturing advances,
not a law of physics. Chips are now down to sub-2nm.
Actual laws of physics, hard quantum limits, tens of atoms,
are starting to apply below that range.

https://en.wikipedia.org/wiki/Semiconductor_device_fabrication
https://en.wikipedia.org/wiki/Moore's_law

This problem is also why cryptocurrency development
should explore moving beyond first-gen blockchains that
keep growing in perpetuity per transaction, to a chainless
history-free state database whose forever size is naturally
just the number of all unspent outputs. Some coins are
working on developing that tech, but you'd have to find
and post the links to them.

> Every blockchain starts this way.  People like making a few cents, some are
> passionate and have existing capital, others have a business plan.

They can start and like whatever they want, but unless
they dream up a way to magically cut the cost of drives
from $0.63 down to $0.03, they'll still be bankrupt in short order.

Nothing is ever truly free but solar input, while it lasts.