Permacoin
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'''Permacoin''' is a proposed system developed at Microsoft Research that is both an electronic [[currency]] and a distributed [[filesystem]]. (And a floor wax and a dessert topping! Well, not quite.) It proposes to build a [[Bitcoin]]-style distributed crypto-currency system where one effect of the "mining" operation is to store data, which can be used as a file backup and retrieval service. | '''Permacoin''' is a proposed system developed at Microsoft Research that is both an electronic [[currency]] and a distributed [[filesystem]]. (And a floor wax and a dessert topping! Well, not quite.) It proposes to build a [[Bitcoin]]-style distributed crypto-currency system where one effect of the "mining" operation is to store data, which can be used as a file backup and retrieval service. | ||
| + | |||
| + | A similar concept is being implemented by [[Storj]]. | ||
== Links == | == Links == | ||
* [http://research.microsoft.com/pubs/217984/permacoin.pdf Paper describing the system] | * [http://research.microsoft.com/pubs/217984/permacoin.pdf Paper describing the system] | ||
* [http://blog.dshr.org/2014/06/permacoin.html Blog discussion] | * [http://blog.dshr.org/2014/06/permacoin.html Blog discussion] | ||
| − | * [http://www.engadget.com/2014/06/04/permacoin-mining-data-storage/ | + | * [http://www.engadget.com/2014/06/04/permacoin-mining-data-storage/ Bitcoin rival rewards you for archiving history instead of doing useless math] |
* [http://www.theregister.co.uk/2014/06/03/redmonds_plan_to_turn_bitcoin_into_a_p2p_waybackmachine/ How Bitcoin could become a super-sized Wayback Machine] | * [http://www.theregister.co.uk/2014/06/03/redmonds_plan_to_turn_bitcoin_into_a_p2p_waybackmachine/ How Bitcoin could become a super-sized Wayback Machine] | ||
[[Category:Filesystem]] | [[Category:Filesystem]] | ||
[[Category:Microsoft]] | [[Category:Microsoft]] | ||
Latest revision as of 12:42, 30 June 2014
Permacoin is a proposed system developed at Microsoft Research that is both an electronic currency and a distributed filesystem. (And a floor wax and a dessert topping! Well, not quite.) It proposes to build a Bitcoin-style distributed crypto-currency system where one effect of the "mining" operation is to store data, which can be used as a file backup and retrieval service.
A similar concept is being implemented by Storj.
