Hi, I have read the whitepaper and as I can understand, the price of a byte should be approximately corresponding to the cost to store one byte of unit data in the decentralized database. So should we expect that Byteball's price will be stable and does not increase much, even decrease over time because the cost of data storage will obviously decrease over time as the technology advances?
No, you misunderstood the rule. The cost of storing data is equal to the amount of data you want to store
in bytes. How much 1 byte costs depends on the market conditions on exchanges.
Example:
1 megabyte of byteball bytes costs 100 USD on exchanges. The cost of storing 1 megabyte of data in the byteball system is equal to 100 USD.
1 megabyte of byteball bytes costs 1000 USD on exchanges. The cost of storing 1 megabyte of data in the byteball system is equal to 1000 USD.
How much a harddrive costs doesn't matter here.