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OceanStore is an architecture for a global-scale file system which uses erasure coding, cryptography, and Byzantine agreement to provide available, highly durable storage in a peer-to-peer environment.
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While I haven't had a chance to install and run this software, there is a wealth of technical documentation and most, if not all, of the design decisions seem to me to be very sound. This seems like a very worthy project, and most deserving of success.