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. | ||
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| + | A similar concept is being implemented by [[Storj]]. | ||
== Links == | == Links == | ||
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.
