RE: BitTorrent inventor Bram Cohen to launch cryptocurrency by walczakit

sia and storj are Proof of Work - the storage this is just something you can buy for this coin - not an integral part but we do already have [BURST coin](https://www.burst-coin.org/) with proof of capacity and FileCoin is lunching as we speak,

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idealist

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@idealist · Sep 22 '17

$0.14

Do you know if FileCoin is proof of storage? I thought it was POW derived from Bitcoin. At least that was what they were planning a year ago.

And you are right about Sia and Storj. As such, they could have made use of some established blockchain/coin. Maybe they still needed their own chain in order to be independent and free to develop the chain to suit the case. It will be interesting to see how MaidSafe proof of storage works - that is, if they ever get it out.

👍 idealist

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