Home Finance Decentralized File Storage Value Gaps Persist Regardless of Market Development: Report

Decentralized File Storage Value Gaps Persist Regardless of Market Development: Report

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Decentralized File Storage Value Gaps Persist Regardless of Market Development: Report

In keeping with a brand new report by Singaporean enterprise capital agency Foresight Ventures, the price of decentralized file storage on blockchains corresponding to , Arweave, Swarm, StorJ and Sia at the moment ranges from close to zero to $4 per terabyte (TB) monthly. That is considerably lower than conventional Web2 companies like Amazon (NASDAQ:) Cloud or Microsoft (NASDAQ:) Azure, the place costs can vary from $16 to $23 per TB of month-to-month storage.

Nonetheless, the report additionally described different prices related to decentralized storage, corresponding to information obtain charges and fetch charges, the latter of which may quantity to $7 per TB. Some service suppliers talked about within the report , corresponding to Filecoin, solely had storage charges, which have been additionally fairly low, whereas others had all three kinds of charges talked about above.

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