SPK Network Team Meeting Recording #11
This is the recording of today's meeting. We plan to record every week on Thursdays at 20:00 UTC, so stay tuned. The live meetings occur on the 3Speak Discord Server.
Vote for our Witness:
About the SPK Network:
The SPK Network is a decentralized Web 3.0 protocol that rewards value creators and infrastructure providers appropriately and autonomously by distributing reward tokens so that every user, creator, and platform can earn rewards on a level playing field.
Check out the SPK Network Light Paper: https://peakd.com/hive/@spknetwork/spk-network-light-paper
Visit our website: https://spk.network/
Telegram Group: https://t.me/spknetwork
Discord Server: https://discord.gg/JbhQ7dREsP
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damn.. listening to dan talk as like a CEO/leading the group is pretty crazy.. I havnt tuned into these for a while
hi, when I listened to your meeting video, the discussion was very good, very useful, hopefully it will continue to grow, thank you for the video
@disregardfiat @theycallmedan
Just doing some game theory, is the lottery system based on total number of files in the system or total file size? If total number of files, can storage nodes beat the system by storing thousands of small files to increase their lottery chances? On the flip side, if the lottery is total file size, what stops storage nodes from storing huge, high resolution videos of cat poop. I feel like the community needs to have some sort of downvote for low quality content.
The uploaded should be able to tag content, but so should the community. Not sure how to implement that though.
How is illegal content handled? This could build on point 2. If the community can tag videos in a decentralized way for purging from the network. Again, not sure how to implement that in a decentralized way, but this will come up sooner than later. Especially if outside forces are trying to give us a bad name.
Great stuff. Keep up the amazing work.
All files are equally likely to be called in the lottery, the amount paid to store a file is based on it's size. So there is no real advantage in storing smaller files or biggerfiles... the cost makes spam a non-issue as well.
Currently, the validators(who handle lottery and validation) will need to mark content as illegal, or subscribe to a service that does this. If content is on a banned list, the storage providers will not have incentives to store the content.
This does mean that, slightly illegal content will just be slightly less profitable to keep... but if less people store the file there are more rewards to go around when it does get called. So for example, there is a war crimes video that a country doesn't like. 1/3 of the validators refuse to validate the file, and only 2/3rds of the storage spots are filled, it would still get paid roughly the same as any normal content. If people see the value of the file and pay extra to "decentralize" the file, it would then pay more on average, if the same number of people stored the file.