The emerging FileCoin project that is under development by Protocol Labs adds an incentive layer on top of Inter-planetary File System (IPFS), with the goal to build a storage infrastructure and protocol to replace HTTP protocol. For that purpose, its file index is made public to facilitate features like Web access, but it poses a challenge to preserving user privacy and data security in a storage network. Besides, some of its storage proofs are too complex and likely to hold the system back from running efficiently at a large scale.
It does borrow mature P2P system designs from proven applications such as BitTorrent, but it provides no good solution to handle complex network environments and does not offer performance optimization within regional networks. Such deficiency in the design can lead to many real-world problems to the miners and ISPs. As Protocol Labs claims that files stored on IPFS are permanent and cannot be deleted, it runs the risks of legal battles against policies and regulations and makes its worldwide deployment much more difficult.
PPIO white paper:https://github.com/PPIO/Whitepaper
PPIO Offical website: https://www.pp.io/