[Cryptography] Cubbit

[John Levine]

In article <41AFA711-2754-49A8-960E-D047F58EF171 at lrw.com> you write:
>Anyone looked at/into Cubbit (cubbit.io)?  This is a "distributed cloud" implementation - you buy a piece of hardware that joins
>all the others to form a distributed file storage network.

I have to say it looks a lot like a Ponzi scheme. You buy a box one
time for about $400 and make it part of their cloud, after which they
promise it will work forever. Although the data lives on random
people's boxes, the ongoing coordination about what goes where depends
on the vendor, running a data center paid out of the revenue from
selling the boxes. What happens when all the enthusiasts have bought
their boxes?

They also have a white paper claiming that their boxes use far less
power per GB than conventional cloud storage. Even with hand waving
that their boxes get network connections and routing "for free", that
still seems rather implausible.

-- 
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