RE: EOS.IO Storage White Paper Now Available!

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EOS.IO Storage White Paper Now Available!

in eos •  7 years ago 

Hm... So if we assume the costs are comparable to AWS and my bandwidth costs are about $100 / year. With EOS Storage I would need to deposit $2000 to cover those same costs since the payment is made via 5% token inflation. $20K to cover 1k / year costs. This seems like it may be a detractor for some.

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You have higher inflation rate in Bitcoin and no free storage :)

how are you getting your numbers!?
$20K a year? wtf are you talking about?

Thats just an example if your comparable AWS fees are $1k / year. You wouldn't need to pay $20K - but vest it in order to cover the equivalent of $1K in Amazon bandwidth fees.