Created
Dec 9, 2022 12:51 PM
Creator
Project
Crypto-economics
Stage
No more action (or old)
Background:
Potential proof improvements could massively decrease the cost of sealing, generating, verifying proofs.
For example:
- Assume the total costs (hardware) for ProveCommit is $1 per sector
- Consider a software improvement of 10x
- Then there cost is reduced to $0.10
Goal:
Turn part of the saved hardware costs into more investment into Filecoin
Proposal:
When such improvements happen, if the saving is high enough, there is a venue for charging a proof improvement fee, as long as the overall improvement is net positive for the storage provider
Continuing on the example:
- Charge a $0.10 extra proof improvement fee in FIL
- Hence total cost $0.20, instead of $1.00
- Storage Providers can choose between the standard ProveCommit or the improved one
Where can this be applied?
- Cheaper ProveCommit, Cheaper ReplicaUpdate via better SNARK tech
- (4x plus improvement in GPU)Testudo SNARK
- NonInteractive PoRep (removes the need of PreCommit and ProveCommit and PCD)
- via Testudo or VC
- Cheaper ProveCommit by better storage buffer