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‘There isn’t really another choice:’ Signal chief explains why the encrypted messenger relies on AWS (www.theverge.com)
submitted 1 year ago by to c/technology@lemmy.world
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cross-posted from: https://lemmy.zip/post/51866711

Signal was just one of many services brought down by the AWS outage.

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[–] 2 points 1 year ago (2 children)

lokinet is for data transfer, like a message from your phone to mine, not a currency. Thats why its odd it uses staking instead of any nodes.

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  • [–] 1 point 1 year ago* (1 child)

    Sounds like the staking is a way to incentivize individual node uptime. Also you need to pay into the stake to get going so there is some financial pain involved in neglecting, or worse, manipulating a node. Though it sounds like around €1000 per node, so it’s not really going to slow down governments or billion dollar commercial competitors.

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  • [–] -1 points 1 year ago*

    Exactly.

    It’s also a way that people can contribute to the network without needing third party payment services. I don’t need to find some node operator’s socials and look up a patron to use a credit card.

    If I already have an account with a crypto exchange then it’s easy to pay the operators.

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