Comment by DemocracyFTW | Hacker News Reader

Comment by DemocracyFTW | Hacker News Reader

Parent Full thread

[Q] Do we really want to be perceived as book burners?

[A] Tbh I don’t care too much what a bunch of normies that probably didn’t even know the book existed think. The book would still exist but digitized and in the blockchain.

[Q] Why not just use Arweave, IPFS, and a variety of other long-term digital preservation strategies? All of them are less expensive and resource-intensive.

IPFS is not permanent. If it stops being hosted it disappears. Arweave cannot compare to something like Ethereum which is a truly decentralized network. But upmost I would say that cost of uploading is a feat, not a problem. It would make our collection even more special.

These are a bunch of seriously sociopathic, inconsiderate and reckless thugs. I'm happy to see them fleecing each other.

I wonder how crunchy the jpeg quality needs to be for this to be viable.

A crude back of the envelope calculation after some googling would put the storage price on Ethereum at around 3.5eth per mb.

So that would be around 10k€ per mb. Certainly doable if they like burning money, but likely not at archival quality.

"Crunchy jpeg" reminded me of this scene https://youtu.be/EklmUZF6lm0?t=220

>If it stops being hosted it disappears

The same thing applies to blockchains. If no one is hosting it, you can't download it.

Sure but ipfs hosting etc rely on one or a few hosts; if you use a blockchain like btc, at least it is vast and that means someone will be hosting at least until btc reaches $0.

not necessarily. BTC has UTXO (unspent transaction output), whereas ETH has proper accounts and the money is a property of the account.

so if any of these chains only want to focus on sending/storing money (or simply address the evergrowing size of the chain), then they can start purging the old transactions from the ledger.

(yes, ETH has smart contracts, but it's not impossible to imagine that ETH will start charging gas for upkeep of that data, and when the smart contract runs out of upkeep it gets deleted.)

Yes, but most other way of storage are even easier to purge. Also these people are not exactly sane, so I can see them spend millions on ‘securing the documents on chain’.

Reply on news.ycombinator.com