I've seen some blockchain networks storing data "on-chain" for long-term preservation. Bitcoin SV is a good example of this, where people can store text (Memo.SV), images, and even websites (Bottle Browser) on-chain. STEEM and HIVE do a similar thing where they store blog posts on a Blockchain backed by delegates.
Now, the real concern would be node storage costs. Imagine if we stored all of the Internet's data on a single Blockchain. It would make maintaining and securing the blockchain ridiculously expensive, leaving everyday people out of the system. Only companies with big data centers will be able to afford high storage costs. This wouldn't be an issue if "Moore's law" comes into fruition.
What are your thoughts? Do you think blockchain tech is meant to store large amounts of data or not? Have projects gone too far in the use of Blockchain technology for everything? Do you think decentralization can be preserved in the long term this way? Your input will be greatly appreciated. Thanks.
