Post
Topic
Board Economics
Re: Since 2009 There Was A 500% Increase In Internet Traffic.
by
hatshepsut93
on 09/01/2020, 02:27:41 UTC
People want more internet and more cloud storage. We don’t use floppy disks, cd ROMs or even external hard drives to store our data anymore. Data is heavy, precious and entrusted to large centralized data centers. With all this demand these centers can’t cope. Users can’t access their data with simultaneous efficiency. outstripping growth blockchain companies are looking to provide an answer


Some decentralized blockchain projects require decentralized storage, but decentralized storage doesn't need blockchain to work. In fact, blockchain is undesirable there, because it's redundant, inefficient, doesn't scale well. Also, centralized data stores will generally be faster and have more capacity, the point of decentralized ones is censorship resistance, which comes with tradeoffs.