All along we’ve spoken loosely about “paying safecoin to store data on the network.”
While this is sort of true, I think that by phrasing it that way we’re missing something about how to think about the network dynamics and the likely behavior of safecoin.
The resource that the end user pays for, in safecoin, is the ability to PUT data to the network. The term “store” is technically correct in a way, but it implies that the data will necessarily be kept on the network for a notable, even historic, length of time. I’m now doubting whether that’s how even a majority of PUTs will end up.
Vaults have the opportunity to earn safecoin from the network by fulfilling GET requests.
I’m thinking that a pretty high percentage of PUTs and GETs will be of fairly transient data that won’t hang around for real long.
A couple of questions this brings up for me are:
Do PUTs for email, messaging, voip, video conferencing, etc., also result in GETs for which vaults will have a chance at farming safecoin? Or are farming opportunities available only on data stored less transiently?
The SAFE network will function a bit differently, but does anyone have any raw data about how current internet traffic breaks down in terms of data that is pretty transient and data that is stored for a longer period? (Ignoring for the moment that NSA and others Hoover up everything and tend to keep it forever.)
I may just be on a tangent, but it seems that there is a kernel of insight here that is worth seeking.
Any thoughts or expansions?