An open letter to the Storj token community: the restructuring, the network, and a proposed path to shared ownership

https://www.binance.com/en/square/post/349501002259537

In a decentralized story, the most centralized risk finally exploded.

It’s not that the technology won’t work— the company can’t.

Not again. Please. Read the whole forum first.

TLDR: your reaction is a perfect showcase of why current payouts are too high. You see “margins” instead of “free money for capacity that otherwise be wasted”.

Keeping paying hogh attract operators like you who jump ship at a random threshold that only exists in their head causing unnecessary repair traffic.

And here is another confused fella

LOL, what? Payout reduction? I’m already really tempted to quit the project because there are constant problems. For example, right now, a ton of space is being eaten up because you broke the trash (bloom filters). Why did you decide that reducing SNO payments is a great idea to solve all your problems? Maybe I can suggest a better idea: fire the sales and marketing people on your team? They obviously don’t know how to do anything anyway. Or is this some kind of fancy scheme for softly shutting down the project? That won’t work. Alpharabbit won’t let you close, they’ll store 400 TB for free :slight_smile:

Everyone remembers you perfectly well, don’t worry. And your opinion that it’s a great idea to do everything for free may remain just that, but for most SNOs, your opinion only makes them want to say something inappropriate. If you haven’t noticed that you’re, to put it mildly, unique, then I sincerely sympathize with you.

Do you have any objection on substance?

Do you not understand the mechanism I describe? Do you not see yourself how this is not beneficial to the network, and that you are pretty much projecting here.

Are you aware that select operators are paid much less for much higher quality of service they provide?

Do you not understand the point of public network?

And yet I’m the unique one.

I have. You can’t maintain the entire network with your pathetic 400 TB. Without real SNOs, the whole network will die.

You are making a strawman and and-hominem argument here in bad faith. I never said for free. Read what i said and address specific points if you want constructive discussion. I’m not interested to getting though your personal insults.

You are joking right?

Yes, I’m a famous comedian. It’s nice to meet a colleague who genuinely thinks that Storj is based on people who genuinely have terabytes of space to spare but are too lazy to sell their extra drives.

Wrong.

The bulk of paying users are on Select. Their nodes are in datacenters. There are many datacenters across the world who are happy to monetize spare idle capacity at the fraction what home users with raspberry pies demand. This is already working.

Have you noticed how storj did not bother with certifying the public network? Why would not they do it if it was importwntB

Public network will die, it was a proof of concept. It worked. Real network will be run on nodes distributed across real datacenters earning carbon offsets and minor nominal fee that is a far cry of what noisy and entitled SNOflakes demand here.

See above. Public network will die / is dying off. Your post is moot.

That’s exactly what Andrew and I wrote to you. If this is a plan to shut down the public network without making a big splash, it will work.

The outcome the same but the mechanism is different.

You claim the low payouts are what will kill the public network. And yet, the alternative is already receiving much lower payouts. See the contradiction?

The public network will die because it’s too expensive for storj to maintain. Not because operators are paid too little for what they contribute.

Interesting fantasies. Is anyone actually taking action to reduce carbon emissions assuming it’s not just marketing? And who would want to thrash hard drives which are currently worth their weight in gold for practically nothing? Even if they aren’t being used right now.

It’s just marketing. Yes, it’s easier to claim credit without doing anything. Yes, a lot of companies do that.

Hard drives wear regardless of IO. It’s not 1990, there are no stepper motors.

If you want to know who — ask storj who are their select operators are. That’s who.

He’s a chatterbox, he barely has any nodes, but he created a whole public portal))) https://nodes.arrogantrabbit.com/ With such a scale, he really doesn’t care whether he gets little or nothing)))) The man simply has nothing better to do, so he trolls strangers on the Internet.

This person has no idea what he’s spouting. Then again, that was obvious from the start. :person_facepalming:

What is wrong with you? Stop spouting this nonsense about the whole network relying on free space on grandmas’ old PCs. That narrative has been bullshit for a long time now. What percentage of the network do those SNOs actually make up? 5%? 10% at most? Storj is not a “set-it-and-forget-it” project. Very few people are going to waste their time just to earn pennies for 0.5-5 TB of space. Without SNOs who are willing to invest real time and money to store hundreds of terabytes, Storj is a dead project. Sorry to burst your bubble, but that’s just the hard truth.

Again, you seem to be confused about bow to have an adult discussion. My arguments don’t hinge on number of nodes I personally have. It’s not a factor there.

Instead of scrutinizing my profile I recommend thinking of actual counter arguments.

So far I only see personal attacks.

And besides, if you want more money becuse you bought hardware with miner mentality and now regret not reading anything beforehand — that also not a valid justification for paying you more money.

Shut down nodes, leave, I don’t see a problem with that.

Your attention span is phenomenal. Here, I’ll copy this from my comment above that you did not bother to read instead inventing a strawman for you.

I guess we are going in circles here. I’ll reply if you have anything of substance to say without misrepresenting my statements.

:film_projector:
playing now: SNO WARS
:popcorn::popcorn::popcorn: