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Not sure about others, but Filecoin uses cryptographic storage proofs to verify that data is stored correctly.

Otherwise I'd agree with you, if there is no guarantee that data is stored correctly, there is no point, might as well use S3.



Indeed, here is an explanation of the proof protocol used: https://spec.filecoin.io/algorithms/pos/post/

I wonder if that has ever been tested by bad actors. For Bitcoin, the proof of how the network is resilient against sub-50% attacks is simple enough.




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