Interesting post on the NEM forum ( NEM is a project I follow actively)
Nem has been working hard on Catapult, under the radar, and is very undervalued in my opinion, a bit like Maidsafe.
Here is an excerpt:
On a different note, there is a reason too. Decentralized computing power or decentralized storage just isn’t a viable economic product. Because it is decentralized, you would never be able to get a product as reliable as what you would get from Amazon or Dropbox. Amazon and Dropbox already have some levels of redundancy and protection, and for a decentralized network to have the same level of reliability, it would have to have A LOT more redundancy than the centralized players. So a user will either end up paying the same amount for an inferior product with decentralization or pay a lot more for a product that is just as stable. AirBnB and Uber were able to tackle an industry with some gaps in their model. But distributed computing power and distributed storage is already been optimized for maximum efficiency in the centralized world. It is going to be really hard to find gaps in Dropbox’s or Amazon’s model.
Look at a decentralized model like the blockchain. It is sooooooo terribly inefficient and weak compared to a centralized database solution, but what it offers is an extreme level of security. For storing, money, people will be willing to deal with the decentralized drawbacks for the increased security, but for securing their family videos, or running a model 3D, they don’t need high level of security, they want the cheapest, quickest, and easiest option. Amazon and Dropbox know that and have offered a service that is already finely tuned and optimized for that. Both Amazon and Dropbox have free tiers for smaller users, it is going to be hard for Golem or Storj to beat free, easy, and reliable.
If decentralized storage or computing power is viable on a decentralized network, you will just see Dropbox and Amazon move into that market, the same way that power companies offer people with solar panels a few pennies for directing electricity back into the grid. But I doubt we will see that as it doesn’t make sense I am guessing.
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