RE: SpkNetwork Making Progress: A Tutorial

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"At the same time, there will also be incentive to delete things from the network to ensure that it is as streamlined as possible. Many videos do not require permanent storage since they are time-based, such as one that gives a recap of that day's stock market activity."

As someone who creates time-sensitive market news/analysis, this little tidbit piqued my interest.

Is it only the creator who's incentivised to delete?

If not, how is this any different to censorship?

I'd love to read some more info on this from the SPK team.


While this project is the most exciting project being developed on Hive right now, it's complex af.

I'm certainly no tech expert, but I'm still a little foggy on how this new network actually utilises the Hive blockchain and will benefit holders of HP.

More than just HP holders will be airdropped a new set of tokens.

Set my mind at ease?

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(Edited)

Is it only the creator who's incentivised to delete?

They (the creator) might be incentivized to delete depending on market conditions, but only if the creator is taking part in storing their video on the network's incentivization layer. This is only relevant to the incentive layer, not the actual video on the network that people view.

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(Edited)

Only the creator has the power to delete their own content, they must have their private key to do so. They will be able to reclaim a portion of the fee they used to upload. Since storage is always getting cheaper, one could almost perform an infinity curve via deleting their content every few years, reclaim fee, use fee to reupload for more time, or they can just pocket the fee. If you could get paid something to delete old content, would you? I'm sure some would.

Not sure what information you have but only Hive/HP holders are getting claim dropped to. There is a very tiny claim drop then a 1 for 1 claim drop, both to Hive holders only.

In the whitepaper we describe how Hive is used, it is the backbone of the whole system where all of our text information like CIDs for the recall files, only IPFS is used to store videos and images which Hive does not do.

I do urge you to read the LP if you haven't. The SIP alone will lock up Hive forever every day off the market. There are tons of ways the SPK network benefits Hive.

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Hey Dan, thanks for taking the time to set my mind at ease haha.

I'm really excited to see where you guys take this project.

Keep up the great work :)

Posted Using LeoFinance Beta

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