Siacoin

in siacoin •  7 years ago 

The greatest strength of block-chain-based distributed storage is that it has a fair gain on both sides. Participants who provide their own additional storage capacity (Farmer) receive a fee in the form of cryptography, while real customers use online storage at a lower cost. Sia, one of the earliest block-chain data storage vendors, charges an average of $ 2 per TB per month, 90 percent less than AWS's $ 20 a month. With 100TB per month, AWS, Google and Microsoft Aziz will charge at least $ 2,000, while Sia will cost $ 200 at the same capacity.

Affordable prices will convince many users that the block chain is an efficient service, and eventually cloud storage vendors can rethink their pricing structure. But before block chains can be accessed more easily and have a reliable model that surpasses cloud storage in terms of security, they will still be catching up.
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