Gitchain

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virtual_master
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Joined: Mon May 20, 2013 12:03 pm
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Gitchain

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https://www.kickstarter.com/projects/612530753/gitchain
https://github.com/gitchain/gitchain
What is it?
Gitchain is an application of the exciting ideas behind Bitcoin, Namecoin and DHT applied to Git hosting. Once you install it, it acts as a local proxy to the entire Gitchain P2P network.
...
What features will it provide?
Decentralized redundant storage (DHT)
Encrypted storage for private projects
Tamper-proof history
Proof-of-work/contribution/storage rewards
Does Gitchain use Bitcoin's (or any other cryptocurrency's) blockchain?
Nope. Gitchain has its own custom blockchain.

Is object data also stored on the blockchain? Wouldn't that bloat it?
The object data is not going to be stored on the blockchain, only meta information about objects, refs and repositories will go on a permanent record. The rest will be sparsely distributed across nodes (DHT)

Does Gitchain have its own cryptocurrency?
Not really, so far all transaction types in Gitchain are of non-monetary nature (name allocation, object announcements, etc.).
That said, it is planned to equate certain provable actions (proof of work mining a block, proof of storage, etc.) to imaginary units that can be used to acquire limited resources. Aligning incentives is a delicate and important aspect of this project and any input is appreciated.
- 'imaginary units' - so cryptocurrency units with other words
- own blockchain and mining
So it is a Namecoin like cryptocurrency, just speaking around that is not. :D
http://namecoinia.org/
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