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So what is your go-to solution for decentralized storage then?...Because unless there is incentive to host a file (money), decentralized storage is never going to fly. Just look at torrents. There are many torrents where there are no seeders anymore for a file.
I've invested in Sia too and I'm open to good advice. I will be transparent and say I have not run the storage/price numbers myself, but you bring up a very valid point. I will get back to this aspect of the conversation later.
Skipping ahead: if you have 10-15 big host providers, I can't see why Sia would fail. There is already 1 definite one. Sia is simply the middle contract layer.
Users -> Storage provider businesses -> Sia -> Storage host businesses
Now the next question might be: why not cut out the middle man?
Because storage provider businesses may offer on-site storage as well as decentralized storage or a mix of both. I can see this working out well.
What are your thoughts on this?
I've invested in Sia too and I'm open to good advice. I will be transparent and say I have not run the storage/price numbers myself, but you bring up a very valid point. I will get back to this aspect of the conversation later.
Skipping ahead: if you have 10-15 big host providers, I can't see why Sia would fail. There is already 1 definite one. Sia is simply the middle contract layer.
Users -> Storage provider businesses -> Sia -> Storage host businesses
Now the next question might be: why not cut out the middle man?
Because storage provider businesses may offer on-site storage as well as decentralized storage or a mix of both. I can see this working out well.
What are your thoughts on this?
At first I liked the idea of sia but when I think more about it, it don't see the future of it. Business will likely not use Sia, they want consistent uptime, bandwith, support, solution, etc and most of all, they want to know who they are dealing business with so if there is any problem, at least they can dispute the provider. For end-user, they sure care about their anonymity, privacy and security that is why they may not trust single cloud storage provider but then there are the uptime and bandwidth problem. When you upload your file on Sia host, it is still on single computer. If that computer have problem then your data is hurt. Cloud provider company have backup plan and rarely let this happen.
I think that Maidsafe have better approach. Instead of upload a file to unknown single host, it first encrypt the data and then split it into piece. Each host store only a part of your file. Moreover, for the same piece, they are copied and stored on more than one host so even if one go down, there is still another one. They also say that if a host shut down, the pieces on that host will be first copy and upload to other hosts but I don't know how they will do it. There is a problem, if one computer go down, how can it make sure that all file are upload before the host shut down. However, there are more than one copy of your file that was uploaded so I think that Maidsafe approach is better than Sia.
