A proposal to a STORJ Announcements proposal

A story about Great STORj.
Once upon a time…

A proposal suddenly emerges. (that here)
New posts, replys, started to emerge by the hours, minutes,
while i read them feverishly,
it becomes clearer and clearer to me, that STORJ should emphasize on:

Decentralisation = means, the files will be online for ever, and armaggedon resistant.
Also super fast to download/upload from combined power of many locations, in price.

Reliability = imagine if all the videos on xxx sites was on storj, there will be no stutters in moments when You need it the most (wink wink), no more loading icon in the screen, in the middle of action!

Affordability = SNOs don’t pay for traffic, only for connection, so they should not begrudge this to others. So that can be unmatched advantage for unstoppable march to victory.

internet connection is not installed in homes for storj, its just already there.
So no need for big storage centers, who need to install big fat cables of internet connections to it. Even the fattest single data center won’t have bigger upload compared to a combined legions of Node operators, each equipped with fiber, right!?
STORJ should stick to the idea.
SNOs to customers.
Customers to SNOs.
That connection, optimize it, stop taking costs of imitating others!
Eliminating data centers.
Eliminate solution that don’t go along.
What makes You just another traditional hosting.
What’s for?! YOUR NOT!
Decentralized You want to be, not another Amazons!
Stop saying Your S3 compatible.
Stop promoting other’s brand!
Stop chasing, make others come to You.
Promote solutions that serves YOU.
Make amazons say: “we are STORJ compatible!”
Start being quality of it’s own, a solution of it’s own.
Make them want Your service,
No matter how convenient the established solutions are.
Provide unmatched VALUE at almost no cost, because You CAN.
Make them want YOU, whatever path is needed, to use YOUR service.
Make its so desirable, that one is willing go thru HELL to set it up.
Let me show You, what potential You haven’t untapped.

To unlock it, the incentive should be to get as much SMALL node operators as possible.
Why small nodes? about that later below.
How do You do that?
got 0.9 TB free space for node,
getting $1,22 a month for that or less.
Keeping it only because im crazy
and dreaming of putting 8-18TB to that one day.
Still didn’t happen, the node is 3,5 years old …
So how do You do that?
so the small operator stays in the network?
If data are growing slowly
either You make his data grow fast, and be paid well for storage
or while the Gigabytes slowly getting in, make it the HOT data, not backup data.
(but STORJ is lacking HOT data, (guess offering itself to bitchute’s or rumble’s is a “no no”))
They wouldn’t want it at this form and price anyway!
But step at a time:

So mayby, there simply should be types of node operators distinguished.
like roles to choose.

    1. not much space? but very good upload? Choose Nuke Wizzard, kills everyone on 1 hit.
    1. a lot of space, but connection not the best? Choose Tanker Knight, slow, but able to withstand everything.
    1. quite some space and good upload? Chose hybrid of Wizard and Knight!

That will need to distinguish a customer too.
1)SNOs that have small space, would be payed more for traffic, but almost none for storage. Satellites will allocate mostly HOT data.
2)SNOs with a lot of space, but not the best upload will be payed mostly for storage, and no traffic, Satellites will dispose only storage data to them.
3)SNOs will get payed fifty fifty, or without filtration at all, random, just like everyone at the moment…

That idea appeared, because i see old saying seems to apply here:
if something is for everything, it is for nothing. (Jack of all trades…)

You have customers from 2 ends of the color palette.
As well as node operators.
So different price plan for customers wanting HOT data, and for ones wanting backup data.
So the customers will match the node operator roles and payment.
But only 3 differentiation’s like mentioned.

That’s some option.
But i felt strange, for a moment, after some pause,
the urge makes me continuing:

The only way to make Small node operator profitable is
either to pay him a lot for Storage, and traffic of course.
but when we can’t do it while lack of egress,
next in line is: a lot for storage only, and fill him rather fast.

And someone said, You have open source, so SNO potentially could block not incentivized activities like traffic, if egress would not be paid. Well I would say then make some checking by satellite, does sno blocks it? Does he play fair? Do, like in games, anti-cheat mechanisms… very effective now a days by the way, don’t ask me how i know, got few bans here and there…

And the only way for STORJ to make sense is decentralization, reliability, and affordability. D.R.A., or better D.A.R. in polish it means “gift” (yea im polish, comming out!)

It’s holly trinity, that each supports each.

Decentralisation means performance and safety combined.
The only way to ensure it, is to pay good to small operators.
And small operators will make data centers impossible to compete with.
Because they have cost-less traffic, so they don’t care to give it away.
So and give it to customers, for close to nothing too!
Let the cost-less egress be fuel to fill HDDs fast.
All SNOs want is get paid well and fast.
And the fastest way is to fill HDD and get paid for storage,
because no one guarantees traffic.
So they want full payment instant, as soon data lands on disk.
To do that is to fill whatever TB they has fast, and they be good with $3 for it a month.
Fill 7TB and give $21/mo, 19TB and give $57/mo.
In this model there is no need for any custody, held for 12 months,
or partial payment, in fear that node will disappear.
Or any surge, or test data synthetic waste, just to pay a SNO.
You can JUST pay.
If SNO disappear, he will not get it’s monthly payment.
It’s counter intuitive to disappear if You want money!
It’s simple, and it’s easy, SNO gets full pay from the start.
And he won’t get it, if he quits. Simple story.
No playing around with some silly “gracefull exit”.
You can keep it, just make it for a flat additional reward, if You need.
Like SNO has 3TB storage and wants to quit?
Quit with grace, and get ex. $9 more, or just quit and $0 more.
Some will just quit, and so what?
Some quit now as well, network didn’t collapsed.
But it MIGHT collapse, if You cut SNOs payouts.
Seems to be no way around, as we observed for years now.

“to make customers salivate how cheap we are? or to capitalize if some mofos want to make another youtube, or rumble, or bitchute, and make me sending 10TB a mo, but so far? That’s what we were looking for all those years, and egress is lacking from the beginning, soo mayby lets make it basicaly free and let them pay for storage a fair price, so we can buy a HDD every so time, and expand nodes. And let them cry from joy how cheap bandwitdh is.”

It’s the true power of decentralized storage, yet remains unused.
Because of fear, let that fear go … because:

The more small operators, the more operators over all, the fastest.
The more operators, the more internet connections join STORJ.

The more connections, the more reliability of STORJ
The more reliability, the stronger the network, it’s health, performance and perspectives.

The hardest to attack it, the hardest to kill it,
The more reliability, the more customers want to come, and the more customers it can take.
The more reliability, the more its affordability becomes guarantor of its ever going forward with more decentralization and reliability.

So the affordability is whats making it all possible.
Imagine all those data centers,
how they can even compete with a network that has no paid traffic?
SNOs can give it for free if they want.
How affordable it should be?
Free traffic or small fee?
If so, mayby should be less and less the bigger traffic gets?
Whichever, Affordability is the way to fill HDD’s,
and filling HDD’s fast, is building reliability and decentralization.
Which are self propelling, the whole operation.

Or even give them $4/TB storage, if You need more space fast.
In that case, make traffic out of payout for SNOs
And charge customers little, $0.2/TB or $0.5/TB for traffic,
and take all that for company, non-SNOs workers and others.

An unwritten rule in boxing.
If You fighting against a belt holder.
You have to beat the champion in a way, that leaves no doubt who won.
Pricing traffic close under competitor is a no no.
HIT them HARD, in a way that leaves no doubt what offer is better.

Unlock the potential,
where sitting on a f*cking fibers thats mostly idle.
1000/300, 1000/600, 1000/1000!
Let’s use that advantage finally!
Been waiting 3,5 years for any serious Load,
my nodes are snoring!

You are charging customers $4/TB storage, and $7/TB bandwidth.
Give all storage $ to SNOs, and bandwidth $ for the rest of organization.
Just not $7, but $0.2 or $0.5 after lets say 150GB.
You didn’t made any money from storage operation for all those years(5?) anyway and still,
we grow and there was payment for everyone without any additional venture capital.
It’s crypto. You making money behind the scenes!

So if You finnaly start making from actual business, don’t be greedy it’s not $7/TB,
but be grateful it’s whatever above $0/TB! like at the moment it is 0.
It’s time to get actual business going, and get profits from it too.

No need to surge any SNO, just pay whats customers pay.
And when You earn Your name, theeeeen maaaayby,
You can rise somehow customers bandwidth to some $2, or $3/TB and keep it all.
(and rise SNOs some $0.something on storage$/TB)
just like everyone else does after gaining recognition and appreciation. Not sooner.

You have to use node operators greatest advantage, free fibers, WITH FULL POWER.
There is no time to holding back anymore!
(“Now, Gohan! Do it now!”)


Also, that /24 ip limit problem.
You know why all this points on the map
representing nodes are concentrated in places?

https://storjnet.info/

Because those are data centers offering VPNs.
Virtual private networks, not servers.
SNOs have servers with nodes in home,
few, several nodes split on virtual machines,
on 1 computer unit, with 1 CPU and 1 power supply.

if power goes down, all nodes goes offline.
so much of a decentralization atm.
Localy i got UPC, so not me, at least not for 2h shortly after…

We had to do that, because at the beginning,
the HDD was filling so horribly slow,
that the only reasonable thing, if someone has 10TB,
and needed money fast,
(and who else is doing such crazy thing like trying to earn from renting HDDs?)
was to split that to few nodes under 1 PC,
so the nodes tricks the network,
they are in separate locations,
and get filled few times faster.

No one knew how long that STORj thing, goin to last.
Also there was SURGE times 5, times 4, in first months,
so that also spoke in favor of this solution.

Now, how much nodes are behind VPNs,
in data centers, but in fact
at some one’s home?
5-9 nodes on 1 PC?

Looking at the map, quite some.

Now do You want them to stay on VPN?
and so much on decentralisation?
and eliminating middle man.

Or we can end that nonsense by clear and simple rules?
Fast HDDs filling, thans to very cheap bandwidth,
so no need to go nuts with any VPNs anymore?
Also no surge x 4-5 any more, even if i dream about it to happen again.


VPN technical adventures (digression):

Summary

That way i found some nodes happened to be more profitable despite same size.
Don’t know if its location, or matter of synthetic load mechanism,
becaues it was all thanks to synthetic load from saltlake, mayby it has it’s favorites,
based on parameters known only to You.
In fact it was still test datas, so mayby You were testing something randomly.
How ever, that diference between same size nodes last to this day.
Its notable, not talking about customers HOT data,
bcoz its all from saltlake satelite.

I must admit tho, the VPN makes port forwarding much much easier.
1 node, i had without VPN, was my first, and i had to terminate it,
because computer got problems with port forwarding to vm with home router every so time,
it just stoped working and uptimerobot still showed online,
because the ip was on, just forwarding frezes in networks,
and the solution was to change DNS from 1.1.1.1 to 8.8.8.8, and back to 1.1.1.1.
the node despite fiber class latency, was the worst in egress.


So all my nodes are on VPN now.
If some lonely missles or strange hacker group,
decides to take out some data center’s power in Germany, Sweeden, Finland, Norway,
they all going offline at once.

But don’t worry, my nodes, are very small.
But how much % of a network does that?

if network starts to fill fast,
we the SNOs will no longer have any problems with making more nodes under same IP,
because it will just fill fast,
that’s the main reason.
Some one mentioned STORj has problem with low latency to first byte. (here)
Yes, satelite negotiation, but
IMHO, it very much has to do with wide spread VPNs usage.
if i got 1 ms latency with my fiber in speed test, with VPN i have 60-120ms.
And my nodes operated with no problem with it for 3 years.
No any “race loosing” problem, if such one node,
7,5TB filled, earned even 26$/mo sometimes,
just like other SNOs, i compared.
This latency reflects heavily on customers experience for sure.
We need to make VPNs useless, by expiring the need, to use them.

If You stop paying for egress, the amount of traffic to a node will be out of equation.
And if amount for storage, will be doubled to $3, or beyond, to $4,
that alone would partially amortize downsides of having less nodes, e.g:
2 nodes each with 6TB HDD,
instead 10 nodes for 1TB (with same 2 x 6TB HDDs).
Bcoz 2 x 6TB, will still fill slower than 10 nodes x 1TB,
but will be paid 2 times more for filled space.

But i seek real solution for the situation in the new customer charging model.
If You make bandwidth free for them, or make them pay $0.2/TB or $0.5/TB,
i sees it as paradigm shift,
and so customers will, i believe, it will cause a massive revolution,
and massive incentives even just to try, and later to use STORJ finally.
it will spur, and move significant data to SNOs HDDs, making most SNOs worry free,
if they got payment by the storage, predictable, stable, and
knowing You don’t have to spend and SURGE anything, because customers just pays it.
And customers should be very happy that the offer they get is unmatched over the internet.
Well some giants can make temporary $0 for traffic,
but to what degree, not at scale, and that’s a death sentence for them.
They probably won’t decide to do so until STORj gain
sufficient recognition and traction to be a threat,
and then it will be too late.

So it’s Your way to decentralised hosting future,
You can lead the way.
It’s Your chance.
It’s Your moment of Truth.

im glad You come with Your proposal,
and said clearly, what You are up to,
the beauty in that, is You have a great community,
and we can work solution out with You,
Your not alone, we will support You,
You will support us, We’re together!
Everything happens in right time,
so im glad the time has come now to talk about great solutions,
solution that really makes difference,
that really makes sense.

Richard Branson famously said:
" Workers first! "
Take care of Your workers,
and they will take care of Your customers.
So SNOs first, and You will be able to scale.
And he knows how to scale, the man is famous from Virgin brand.

BrightSilence said that traffic likely will not get 4 times of what’s now,
much less 13 times,
which is needed to compensate Your newly proposed SNOs payments rates, for
SNOs to stay at same level. Under conditions when You charge customers $7/TB.
So the easy way is to give 75% or 100% of what customers pay for storage to a SNOs,
and that will satiate us enough.
Better than existing $1,5/TB, $20/TB plan,
bcoz my best node has 8TB HDD filled
and earns average ~ 22$/mo.
With rates only for storage at $3/TB, he will earn even more, ~ 22,5$/mo.
You don’t give anything away, (bcoz you don’t make any money anyway)
and You don’t have to SURGE anything, what you planned to do so.
With this solution, it will be, as it should,
and at scale,
which would not even be possible without this solution, in first place.

Customers will pay for SNOs needs.
SNOs will provide customers needs,
a great performance and unmatched conditions.
And You will take bigger and bigger commission, as it scales.
Finally a win-win-win situation.

You will be hiring ppl, not firing.
Don’t cut SNOs payout, RISE it and win the internet.
$0.2 or $0.5 for bandwidth is not much?
You found a way to basically make money from thin air! USE IT!
How about $0.2 for every TB traffic BUT from 5-10-15% of the entire internet traffic?!
Imagine all those websites will finally start using Your service!
All those websites who can finally thrive!
How fast You will gain popularity?
How big part of internet You will host?
And how fast.
You found a way, SNOs can provide You with free traffic,
just pay them well for storage, so they keeps thing online and viola!

its been just like small shop mentality, who’s product is basic veggies.
if volume goes down, revenue goes down, what does he do?
Rising prices, so volume goes down even more,
If he would sell things cheaper instead, volume would go up,
probably more than before. Perhaps much more.
Problem of a small shop is he don’t control prices, at which he buys for resale.
So hes limited.
If He only could find a way to make products he sells,
and in a way, that makes them cost close to nothing.
Imagine grocery shop that invented unique only to him, way to get
free vegetables in unlimited quantities.
How fast would he takeover entire market?
You found that way, SNOs can provide You with free traffic,
just pay them well for storage, so they keep things online!

So here’s how it goes,
if You free the SNOs potential here’s whats gonna happen,
some VPN under $10/mo can loose it nerves, and say “We thank You” to such customers,
The traffic will be too much for such VPNs,
so that shall go away with the changes by it self,
Or SNOs will just drop it, as no more need.
If some one have dozen of nodes like me, with 1TB,
each with VPN on virtual machines, 1 PC?
And can’t remade it for no VPN setup?
I would just gracefully exit all, and start from scratch without HDD partitioning this time.
Mayby without virtual machine too, or just 1 vm for all nodes,
depends if one Windows OS, can have several GUI nodes at once.
One node, one HDD from now on.
And no VPN needed.

I will not fear slower HDDs filling from now on, because:
You shall promise, and implement,
that every node in same location,
will fill equally fast, just like it was only 1 in its /24 net address pool iiiiiiif,
If STORJ network have enough different data to fill those HDDs,
because if in one /24 address pool, is for example: 10 nodes,
all should get data equally fast, as if it was 1, BUT:
each one of that 10, should get unique data relative to each other.
That’s the goal, we want decentralization.
You know, not all data into one basket.
But not discriminate, only because there’s more than 1 nodes in one home network.
Because if SNO want an expansion, he creates another node,
with new HDD, and that one should be as fast filling as first previous node,
if traffic conditions from customers stays the same.
and without slowing 1st node filling, if it’s not max filled yet.
Just like there was no 2nd node in the home network.

Were not talking here about SNOs internet connection speed or bandwidth limits if there’s such,
just STORj network rules.
Obviously that could be tempered by SNOs total upload capacity, but that’s up to a SNO.

Making limits to monthly traffic should be back to config file,
To leave some doors, to temper bandwidth if SNO need it,
or to set max requests per second.
So it wont eat it’s entire upload all the time,
leaving some space for SNO private usage,
although, me personally, i would be delighted,
if STORj utilize my entire fiber upload, 95% of the time.
It will be an honor to support internet of new era.
Let people play videos from my HDD as much as they want,
and i will proudly keep it online for them!

(later that day: “my disk is cooking!”)

haha, naah, i have some WD, HGSTs,
those are 2 or 2,5 milion hours heavy duty HDDs,
they should be fiiine, they got fan cooling,
they were snoring idle for 3 years as STORj node,
its time to wake UP!
With min. $3/TB storage, if i have 7,5 TB filled,
i would be able to buy another like, used just with 4-6 months salary,
so we are eliminating SNO die off, at HDD failure,
Because SNOs will have money for HDD replacement, no matter what the egress.
It’s stability of income,
it’s simplicity for SNOs.
No held amounts, instantly full rate payment, no worries about payments.
That gives whole STORJ network a reliability, so You can count on your SNOs,
so the customers, no more gossip that SNOs will leave You, because underpayment,
no more.
Because SNOs will be payed more than ever up to date!
Over the course of last 3-4 years… Finally!
And customers can finally enjoy true, cheap bandwidth.
No more growth reserved for big company’s with venture capital to pay for traffic.
Small company’s will have chance to thrive and prosper too!
And from withtin a new industry leaders will emerge!
That’s the internet of new era!

Summary

Don’t take from SNOs payout, let them add value instead, let SNOs pay in bandwidth.
Cutting SNOs payout is stagnation till death,
opening up,
and leting them add more value will keep SNOs payouts, even higher,
and is a way to prosper.

SNOs, would You agree?
to support STORj with bandwidth, to not cut any of Your payouts?
Let them know, make posts below.

1 Like

Tried to read all of your rant/vent
I came to a conclusion before I got to the end of the topic storj made huge mistakes from the start by not perventing people to spam click the create node button, and the fact that people are using datacenters to get around the /24 but then there also people with 500+ nodes do they deserve to get surge payouts if it happens id think not.

The problem is storj didnt try to pervent any of it they know its there but they did nothing to pervent it. The prices they fire people before they will try to charge customers more money.

I like the idea of having smaller node operators in there own place but the end of the day will push out all the small nodes and all of the Big farms are gonna rule because there gonna make money no matter what because there running many nodes behind different /24 as if there in many different places. Then us smaller node operators are just getting by cause were lucky that theres no other nodes in our area.

Storj really needs to run some audits and really try to track the nodes that are in datacenters and pay them less because the entire point of storj was to have decentralized cloud but far as im concerned that doesnt exsist.

Ive been here since the start of V3 and I got spoiled from the surge payouts and I got lucky and had the ablity to spend a little extra to expand my nodes. But that just doesnt really make sense now creating more nodes doesnt really make sense. Theres really no incentive to try to maintain our nodes at the purposed prices and if they die just let them die either way the SNO loses here.

I’ve mentioned this in another post. Most of us have a ton of bandwidth that doesn’t actually cost us anything. Charge more per TB stored, but give generous free bandwidth packages to customers. This is the one major advantage Storj has but they don’t take advantage of it. Pay me decent for TB’s stored and I would happily “donate” much of my bandwidth for Storj to use. Charge $8/TB. Pay SNO’s $2.50/TB leaving $1/TB for Storj. Give away very large free bandwidth packages to customers to use native uplink! Going over can be bonus pay for SNO’s. No free bandwidth for S3 gateway though as that needs to be paid for too. Storj makes money, SNO’s make money, and no more worrying about bandwidth usage and “hot” data etc. Also stop all the test data. Something like that, I don’t know. Maybe dump whoever proposed these new payouts. That should save a little money.

2 Likes

I assume this was written by ChatGPT?

6 Likes

Dude, you should’ve read it before publishing and make it more concise. At least make a proper TL;DR segment that’s not as chaotic as the message itself and put it at the top. Right now your message is going to be skipped by many just because of the volume and chaoticness.

And I write this while somewhat agreeing with the content. More storage than egress focused SNOs could be a viable option if priced correctly and with new clients coming every minute.

Right now I suggest to wait for the upcoming twitter space event to see what they have to say and how they answer our questions. And which questions.

1 Like

Thank You.
i have read many times.
It’s not chaotic,
it’s a story, epic story.
it’s a chain of reasoning.
One leads to another.

it’s 25 minutes read, but if You are STORJ executive, it’s BEST TIME SPEND OF YOUR LIFE! :smiley:

i wrote short summary and put it HERE

Please upgrade to ChatGPT-4, it’s doing much better.

In the world of blockchain and cryptocurrency,
Where nodes reign supreme in digital currency,
There are those who operate a unique kind of node,
Known as Storj, it helps with storage and file upload.

These node operators are a special breed,
They keep their nodes running with great speed,
To earn rewards in the form of Storj coins,
And help users store data with great rejoins.

It’s a task that requires patience and skill,
To ensure that their node’s storage never fills,
They must constantly monitor their bandwidth,
And make sure that their connection is grand.

For if their node goes offline, even for a bit,
They risk losing out on Storj coin, a hit,
So they work day and night to keep it online,
And make sure their rewards keep on the climb.

Some node operators have more than one node,
To earn more rewards, and increase their code,
And with each new node, comes more responsibility,
To keep them all running, with great stability.

But it’s not just about earning coins, you see,
These operators help to store data, with great glee,
Their nodes are part of a decentralized network,
That ensures files are stored, without any wreck.

And as the world becomes more digital each day,
More data needs to be stored, in a secure way,
Storj node operators play an important role,
In ensuring that data is safe, and never droll.

So let’s raise a toast to these unsung heroes,
Who keep their nodes running, with great zeros,
For without their hard work and dedication,
The world of Storj would be a far cry from elation.

And so we thank you, Storj node operators,
For your hard work, and your determination,
To keep our data safe, and our networks secure,
And for being a part of this digital future.

1 Like

You think You funny,
You joined yesterday,
if You have nothing constructive to add,
please go away.

What i write is entirely mine,
no need to post, just to entertain.

It was quite funny, though :smile:

1 Like

The chatgpt angle is funny… but the undertone of making fun of someone who isn’t speaking their native language is not. @Ruskiem is contributing to an important conversation and deserves to be treated with respect. It may be a little harder to read, but they put the effort into typing this in their non-native language, we can at least make the effort to try and follow along or if you’re not willing to, just skip this post.

5 Likes

Fairs, I didn’t read it like that…. :man_shrugging:t2:

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Took me some time but i got it for You:

TL:DR

Update.
Changes resulting from my updated proposal:

STORJ inc. CHANGE:

  • +$1,5/TB egress profit (from $1 to $2,5 for every TB traffic.)
  • +25% to 15% from every TB stored profit (from -$0,13 to +$1 or +$1,6 for every TB stored.)

Customers CHANGE:

  • 2 times more for storage BUT 2,8 times LESS cost of traffic
  • nominally no change (from $4/TB stor. and $7/TB egress to $7,9/TB or $8,5/TB stor. and $2,5/TB egress)

SNOs CHANGE:

  • +1$ per TB storage (from $1,5/TB to $2,5/TB)
  • BUT egress from $6/TB to $0/TB (or $x/TB if STORJ inc. want to share its pool of $2,5/TB)*

So the proposal makes STORJ inc. finally to profit from Storage and Egress.
Enables customers to use the service much cheaper.
Makes SNOs operation finally sustainable.

*More here,
It crystalized today, more in this Thread, here

But in this case sno will dont have any encourage to use fast internet connection as if egress is 0 price, i dont care about it.
Second lot on costumers use it as storage more that as hot storage. So this will be much more expensive for them. Also if people downgrade there connections, will be no fast deliver any more.

1 Like

And how will You fill Your HDD’s fast? without fast connection?
When Your goal at first will be to keep data.
Second, if this new egress price make data inflow to the network e.g. 2 times more, 3 times more, You will fill Your HDD accordingly faster as well, means you will earn faster. if Your main earning will be from storage at first.
(because You have to first upload a file, video, so it can be downloaded, or watched, and the goal is for customers to be much more willing to store videos than now). If these prices result in more network traffic, the egress doesn’t have to be 0 for SNOs at all, there will be $2.5/TB profit to share between Storj INC and SNOs. It’s only up to STORJ how they want to share it and if.

Cold storage use has right to exists, just don’t know if You can build a profitable STORJ future on that alone, when industry standard for egress price is lower now a days. (hetzner Є 1,19/TB)
Sure, all can stay the same, but then SNOs are still at $1,5 pay rate with not much egress traffic to be paid for, and i foresee that’s just not sustainable for large majority. Because they won’t even earn for HDD replacement in 2 years with current rates. if they don’t know now, they will realize with first drive failure. You and me are privileged, because we build our nodes before new rates, think about the network future, will it grow with this pay rates? or it will decline?

Most of European ISP still offers an asymmetric plans, i.e. 100Mbps down, 5Mbps up vs 100Mbps symmetric have a big difference in cost. Germany still uses ADSL2 very widely (16Mbps down/1Mbps up), VDSL2 (50/10).
In USA the commonly known ISP still has a bandwidth limit even for wired connection and so on.

today it already not very encouraging to use fast connections, egress is small and cheap.

Let’s hope that now with the new payout rates and the Wasabi price increase the desired high egress use cases customer will become reality.

3 Likes

:smiley: o You think an increase by 2 or 3 in nodes egress will make a difference for ISP’s?
i see no problem with the home internet availability.

Haven’t You got this under consideration when STORJ model was designed? that nodes will have traffic or even a lot of traffic? Why You are suddenly concerned?

When Internet service provider for home offers a plans, people are driven by the download speed offered, but the upload speed also scales up with the plan.

So that satement:

is invalid @Alexey, (Why You are liking it? it hurts me, You should understand) because people want fast connection first for them selfs, not for STORJ, but STORJ node benefits from that, because upload scales, as they choose best download speed for them selfs for home anyway.
The point is: You need fast download connection to earn even when there’s $0/TB for egress.

in Poland, we have like:
1000 Mbps download and 300 upload, for $20/mo
300 Mbps download and 50 upload, for $15/mo
We have no limits since around 2009 here.
Others competitors are very similar.
Smallest upstream i saw in the country for home connection on cable is like 10Mbps (100/10) for $10/mo.
And STORJ requires a 5Mbps.

My full 7TB node for 07.2023 did
61.02GB Egress
146.57GB Repair and audit

207,59GB total (resulting in $1 payout for all month’s traffic)

So lowest internet in the country at 10Mbps can do 1,25MB/s upstream at 100% (24/7)
it’s 3164GB in a 30 days
say node needs only 20%
it’s 632,8GB/month

As You can see, there’s plenty of space to go 3 times the traffic no problem, with just upstream.

Yes @jammerdan, lets hope.
But if not, then something got to be done with it.
Nevertheless, this proposal is worth consideration,
because it gives STORJ inc. a $1-1,6 per TB stored, and up to $2,5 per TB traffic
compared currently STORJ is losing money on storage, and profit only $1 per TB traffic.

:joy:
Here we get 1000/200 for €80 if fibre is available.

i’m sorry, $20/mo + a mobile phone unlimited calls and sms included, want to move in?

Germany is not a good example, its obsolete in terms of internet and card payments,
And USA got cheap fiber too. Nevertheless a minimum 2TB traffic per month would be enough for a 7TB node to get paid $12, and that’s x10 more than current traffic, and that STILL would be only ~65% of a 10Mbps upstream capabilities!

But i’m afraid, customers just don’t want to do it, with current $7/TB price for customers.