For many people, cloud storage is quickly becoming the preferred method of storing data, information, and files. This is not surprising, because it is very user-friendly.
Most cloud storage services provide a one-click feature to easily upload your files to the cloud. Although cloud storage is considered an amazing innovation, this new sub-industry seems to be on the verge of collapse.
Blockchain-based cloud storage seems to be the next big event in the file and data storage industry. Before we get into this topic, let's take a quick in-depth look at traditional cloud storage.
In addition to convenience—easy to upload and download data, it also provides users with other incredible benefits. E.g:
Used as backup data for locally carried data
Save a lot of space
Cheaper than previous file storage methods
Easy to support any internet device
Provide multiple accessibility options in the form of mobile apps, websites and software
Ensure that data is not affected by natural disasters and man-made disasters
Minimize environmental impact
As you can see, cloud storage is excellent in terms of its usage and functionality. For anyone who needs a data storage device, this makes their life very easy and can access their files at any time.
The problemAlthough cloud storage is great, it also has some very important disadvantages. First, it is centralized. The owners of these cloud storage companies are companies that usually own servers.
This means that if anything happens to the server, a single point of failure will result in the loss of data and files. This means that your data is not as secure as you think.
Of course, in an emergency, these companies usually have many insurance measures, but you still have to believe that these measures cannot absolutely guarantee the safety of your documents.
Considering that you don't need to do these things like a decentralized cloud storage service, this is too trustworthy-we will discuss this issue soon.
This, coupled with concerns about operating costs, may be a real problem.
What is the solution? Decentralized cloud storage?
It may be in the form of a decentralized cloud storage service that stores your data on the blockchain.
Decentralized cloud storage has the potential to disrupt and change the cloud computing department, thereby eliminating the worries associated with typical centralized cloud storage services.
Unlike cloud storage that stores server source code in one location or multiple locations, decentralized cloud storage provides storage sources distributed across multiple nodes around the world.
These nodes essentially use computers on the network as storage devices for users. In this way, there will be no downtime, your files are always accessible, and you never have to worry about losing your files. If one node fails, the other nodes will always be online.
This also speeds up data retrieval and you will not have to deal with bandwidth issues. These data bits stored on multiple nodes will likely exist forever, and they can be retrieved at any time when needed.
More importantly, all these data bits stored on multiple nodes will be encrypted, thus ensuring that your files can only be accessed by you, while eliminating the loopholes that centralized servers have.
In addition, since it is much cheaper to put these files on the blockchain, decentralized cloud storage services are usually cheaper than competitors based on central servers.
Best decentralized cloud storage serviceCurrently, there are only four cloud storage services based on blockchain. These are Sia, Storj, Maidsafe and Filecoin. These four services all use the same mechanism-they provide a platform that allows all computer users to connect and rent out their unused hard disk space for a certain fee or token.
So far, Sia leads the pack, followed by Storj, and finally Maidsafe. Filecoin currently has no real tangible product because the project is still in a very early stage. At present, they are all seeking to occupy a larger market share.
All these communities have adopted or are considering adopting these technologies. This is just a function. Who can monopolize a larger market needs time to verify. In addition, each of them needs a considerable user base to survive, because they need to connect to the unused space of every device on the platform.
This is a good thing, because competition often drives innovation. Multiple decentralized cloud storage platforms are needed to ensure that prices are competitive and reasonable, and consistent in service and product delivery.
DBT for cloud data storageData storage is about to undergo a major change. With these cheaper decentralized cloud storage facilities, users can get the best possible file storage options at an affordable price. Decentralized data storage services will inevitably completely change the way we interact with data.
Of course, the survival of these companies depends on more adoption of their products. With the increasing popularity of blockchain, this should not be a problem in the foreseeable future.
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