Anybody Try S5 in http://sia.tech ? 🤔
Discussion
Nope, haven't. But hey, let's dig in! Can't learn something untill you try, yes? =)
Uh oh. "a trustless cloud storage marketplace, allowing buyers and sellers to transact directly".
Not everything needs to be a marketplace. If this is indeed purely about storage, then this is unhelpful marketing and sounds more like advertising yet another randomcoin :/
Oh well, I will dig deeper, but this kind of "foreword" concerns me, a lot.
The problem with SIA or other storage sharing is that you centralize too much. Because you need to have bunch of storage in RAID to start earning something. Ive tried with 5Tb but never got dime. And belosw all that it has to be in sia coin.
What I don't like about Sia.
1. People hyped it up as special, when in fact, it just copied major parts of another coin's model, which is much older. Am I the only one who knows that or are people just that dumb?
2. It's super slow.
3. You literally rely on some idiots around the globe to keep your precious data. Like, how probable is it, that those machines will definitely stay up 24/7 for the next 10 years?
4. All the downsides of other coins. Rather than making it a data-centric solution, it had to be another coin. 🙄
To me, that coin-centric approach makes it meh to me. I will still give it a shot to see how well it performs and what the backend looks like when in use (got enough storage to spare for a trial run).
The dangers of someone not keeping their node up 24/7 are inherent with a decentralized approach though; so that one isn't particularily new to me. I mean, if my LN node goes down, its the same effect really.
Oh well... Let's see how deep I can dig before it becomes a full blown nuisance. I will be in hospital from monday onward but have my laptop with me with my VPN configured. Something to do while I sit around, I guess. ^^
No, there's a difference.
The same reasons apply to why I don't like the concept of #Peertube & P2P for large files in general, except #Torrent, because that's historically a different story.
#Peertube advertises itself as censorship-resilient, because it can store videos #decentralised among many peers. However the reality is, that it's simply not in any way economically feasible to just spread huge video amounts by duplicating them on many machines. It does not make any sense, once it passes a certain amount * size threshold.
So, in reality, a #Peertube instance is either de facto a centralised server or a bunch of servers, each having their own videos, but without duplication among several peers. Imagine a #Peertube instance, which does not have any duplication whatsoever, then there would be still way too many videos.
I guess, we could call this the #YouTubeProblem.
The only way to host trillions of videos or even when we are only talking about millions, is if you provide a heavily monetized, centralised service as a huge billion dollar company, like Google & Alphabet.
Otherwise, you will be so far away from #YouTube, just dreaming of replacing it, or offering a valid alternative, would be utterly laughable.
I think, the only way to truly believe in #Peertube is to not fathom how extremely huge #YouTube actually is.
Now, that said, the same applies to any P2P solution for large, hardly compressable files, which *must* serve files.
The reason #Torrent works, is because it is based on popularity. If something is popular, then more will seed. If something loses all popularity, it dies.
Now, with #Torrent, that's natural, but imagine you have a video or large file storage platform, where you *need* those files available.
How do you make sure unpopular content does not die?
Make your own node & provide it in a de facto #centralised way. Now, we return to the beginning...
Could a Storj type model be one way to minimise issues with decentralised video hosting? Instead of storing the video on many hosts it stored portions
I haven’t used Storj so I don’t know how well it works but I found the idea interesting when I heard it
Wow... That's list point I need to learn more about it.
Maybe next time our phone will running full of Node. 😅