Can decentralized storage compete with traditional cloud? Analyzing the available decentralized storage options

1

Sia

For consumer storage, Sia, Storj, and Vult (on Züs) can be good options since they are architecturally lower cost because of the erasure code technology. But for enterprise storage, among the available platforms, there isn’t a direct competitor to AWS S3 except for Zus, and archive storage, Filecoin is the best alternative, and for consumer storage, Storj, Sia, and Züs offer better options for fast retrieval times.

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2

FileCoin

When it comes to enterprise use, companies will typically prefer uptime, performance, and private data-sharing features for their storage as they look at AWS S3 alternatives when selecting a decentralized storage platform. Of all the platforms mentioned, Züs fits the bill and enterprises still can use Filecoin for archive storage instead of AWS Glacier.

#Blockchain #Cloud Storage #Decentralized Storage 75 social mentions