We’re thrilled to launch Storj DCS (Decentralized Cloud Storage)
Big news at Storj today! We’ve officially launched our new and improved decentralized cloud object storage service, Storj DCS. We’ve been listening to our community and users and understand everyone wants a decentralized cloud storage experience that is unified and easy to understand.
Because of your feedback, we’re now rolling our Tardigrade product back under the Storj brand, and it will now be called Storj DCS (Decentralized Cloud Storage). It’s still the same great service, with a new, easier-to-understand name, and a rollout of features to improve the user experience overall.
We’re also updating our brand mark (logo) slightly, to fit the new look and feel of Storj. We’ve updated our website, and now people who visit Tardigrade.io will be redirected to corresponding pages on Storj.io.
Our S3-compatible gateway is now live.
Still with us? We’ve been busy, and we’ve got one more thing to share. Our S3-compatible gateway is now live, as are several new architectural improvements. These updates represent a huge leap forward in privacy, security, resiliency, S3 compatibility, usability, performance, economics, and supported use cases.
With the new multi-tenant gateway, developers can simply change a few lines of code in their existing Amazon S3-backed applications to start storing data on Storj DCS immediately. The update also includes new features like multi-part upload to improve overall performance when storing large objects on Storj DCS.
“Along with the launch of Storj DCS, the company has also lowered its pricing by more than half for storage and more than 80 percent for bandwidth. Storage costs on Storj DCS will now be charged at $4 per terabyte per month (previously $10) and bandwidth costs will now be lowered to $7 per terabyte per month (previously $45). These low costs, combined with superior privacy, security, and redundancy that goes beyond multi-region—plus enterprise service level agreements—make switching to Storj DCS an obvious choice for developers around the world. Storj”
I recently priced some high performance 20TB NAS hard drives. They were around 800$ AUD giving 40 AUD per TB.
At that $4 USD (5.40 AUD) it is only 7.5 months of storage. Yes I realise that the 4$ is for online storage, but it is still a comparison that shows that Safe should provide much better value considering it is using spare resources
There’s 2 covid jags,
one fixes covid and costs $5
one might, but costs $2
It’s more profit to you to get the second one if profit is money and spending less is akin to earning more.
There’s 2 cars
one costs $400 and will get you there
one costs $1000 and will get you there in comfort
Here first one is more profit, but we know folk buy the 2nd one.
In terms of earning then I think it’s unclear. It may be price focussed and for a % of earners that may be the only issue (we see that in blockchain mining) and the “best” price wins.
So I would say I cannot see anything cheaper than Safe, but lets see how it pans out, but I am not certain farmers will be so keen to switcharoo here. Moving all that data is not like switching a miner off and on, Chia for instance has all that data (not readable useful data mind you) and I am sure it’s looking to compete by using proof of having a load of data (cost) instead of POW. It may be good to see how many jump chia<-> BTC or whatever the flavour of the day is for profiteers?
My view is that we need to have a resource to subsidize farmers. Whether we use it or not, it is good to have it, because there is competition. Storj subsidizes farmers - there are months when they pay x2-4 more:
And I’m interested in how you can assume without data that farmers are replaceable and expendable:
Our competitors don’t think the same unless we think these businesses are stupid even though they’ve managed to deliver working products to the market valued at millions of dollars and we shouldn’t think so because we will end up like Sia - a 4 years working product with the incredible 500 farmers:
Nope, but they are different with a different vision.
Exactly these will help with initial growth and for many years I hope.
Business is hard as hell. The number of variables is vast, any singular isolated view is dangerous I feel @Dimitar It’s not invalid and I hope you take this as discussion, not an unreasonable argument. It’s like saying it’s all about engineering, it’s all about marketing, it’s all about profits for a certain part of the eco system and more. It’s actually about them all. Then the product or service on offer, is Sia or Storj really offering the same product as us? (I feel you need to be very loose with categorisation there if you think so).
Personally, I rather the foundation just ask for funds if it needs them as that gives more accountability. Doesn’t the foundation already have an endowment of some %? I thought it did.
It causes Storj to make their product inefficient - they inevitably overpay. It creates a centralisation of control. It means they don’t have an autonomous network.