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26 October 2020

Ben Golub: Decentralized Data Storage's Only Competition Is the Public Cloud - CoinDesk

Ben Golub: Decentralized Data Storage's Only Competition Is the Public Cloud - CoinDesk


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Ben Golub: Decentralized Data Storage's Only Competition Is the Public Cloud.

Storj Labs, and a number of others (including Sia, Maidsafe and now Filecoin) are betting that a decentralized approach to storage can revolutionize public cloud in much the same way that a decentralized approach to networks (i.e.

There is also increasing momentum for the use of decentralized storage for edge use cases, which aim to push data closer to where it is consumed. As an increasing amount of data is collected, analyzed and distributed at the edge, it makes sense to store that data across a broad, globally distributed set of nodes as well, which improves performance, durability and data integrity.

To this end, decentralized storage and cloud must significantly decrease prices that end users pay

We purposely designed our network so network operators wouldn’t have to buy specialized equipment, consume large incremental amounts of power or expend time and effort on computational tasks that aren’t directly related to providing uptime, storage and connectivity. 

While we do have several corporate and university data centers bringing nodes to the network, the heart of the network remains the individual operator

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