The Ledger

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Rampell: Earlier attempts at Filecoin failed due to bootstrapping and centralization

“People have tried doing things like Filecoin or Orchid before. They didn't work because of the bootstrapping problem and because they were done in a centralized way.”

Alex Rampell Dec 9, 2017 ▶ 19:59 Decrypting Crypto: From Bitcoin and Blockchain to ICOs

Insight

Rampell: Tokenizing bandwidth sharing can jumpstart decentralized networks

“And if you tokenize this, if you actually provide them with some value for surrendering, not their hard drive space, but in this case, surrendering their network connection, you can jumpstart this network.”

Alex Rampell Dec 9, 2017 ▶ 16:44 Decrypting Crypto: From Bitcoin and Blockchain to ICOs

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