What's the rationale of storing data on BSV? Surely cheaper…

Twetch ·

What's the rationale of storing data on BSV? Surely cheaper to store on three different centralized services and still have redundancy?

Replies

Twetch ·

Owning the data and the inability for it to be hacked/stolen/deleted... of course it would be cheaper to use centralized services but clothing from Walmart is cheaper than clothing from Vineyard Vines... I choose to wear clothing from VV though (quality).

Twetch ·

Why not have legal contracts with centralized services saying you own the data? And again, you get the redundancy, as three diffrrent companies are not to be hacked or shut down simultaneously.

Twetch ·

Because then business will be slow, compartmentalized, and take forever for systems to interact. Why not just have everything on one system and micro-transactions cover data storage, security and efficiency?

Twetch ·

I'm just trying to figure out how businesses can afford bearing costs of hundreds of full nodes having to store their data, rather than letting three companies provide that service. Cost of storage/byte is not subjective.

Twetch ·

It will most likely cost more money for them to operate outside of the system in the future as the three service providers you mention will most likely be in the system anyway or go out of business in the long run. It’s a longterm thing, takes time.