Announcement: Changes to node payout rates as of December 1st 2023 (Open for comment)

[Alexey]

Hello @alfatarsos ,
Welcome to the forum!

@alfatarsos

When we decide to put to service an HDD to Storj, we decide to do it under several different aspects

We suggest to use only what you have now and what will be online with Storj or without. In this case any income is a pure profit. We never recommend to invest to anything with purpose only for Storj - you could not have a ROI soon.

@alfatarsos

speed (that Storj does not consider when having a service, although that is absolutely decisive for an eventual customer as they surely don’t want lower speeds than the big boys),

This is solved in the design of the long tail cancelation: when the customers starts an upload, their uplink requests 130 nodes for the each segment (64MiB or less) and start them in parallel. As soon as the first 80 are finished, all remained got canceled. So the customer uploads only to the fastest nodes to their location. The same is happening for downloads - it requests 35, when it needs only 29 and cancel all downloads as soon as the first 29 are finished.

@alfatarsos

having rates manually selected by node operators will be good enough for many customers themselves

Unfortunately not. You may see that on example of SIA, they do not have a lot of customers or data in the network (there are some other technical reasons, but the free market did not solve this).

@alfatarsos

Filecoin is directed at big markets with substantial configurations, mostly China-related, and rates (afaik) are actually higher than Storj (they should be, considering their requirements), all things considered including the bonuses they give, and actually run much closer to your current commercial services for datacenters;

There are unsolved (and I think unsolvable) issues - no encryption, no reliability, no audit, no repair. You may lose your data even if you pay (the same as for SIA by the way).

@alfatarsos

The current market makers know that, and offer close-to-unlimited, in-practice-unlimited or truly unlimited ingress, or egress, or both.

this is not the case for the enterprise market. But we always can conclude a contract with a special offering, it requires to contact our sales team.

@alfatarsos

in predictability grounds, pricing per held TB should be increased, to somewhere between 2.25$ and 2.50$,

Which will resulting in x2.75 price for the customers. Not competitive.

@alfatarsos

In a world where the additional cost of providing 10 Gbps, comparing to 1 Gbps, is just 5%, it makes no sense to limit a bandwidth dedicated to a service that provides storage…

except Germany, USA and long list of other countries…

@alfatarsos

an additional satellite could be opened for customers in Africa/South America, since you are experiencing demand on that area

The satellite doesn’t matter. The traffic is flowing directly between customers and nodes. We need nodes, not a satellite there.

@alfatarsos

STORJ coin could be required to be held as collateral to new entrants

We want to avoid this. This is still under the consideration though, but it would not help in my opinion. We can look at SIA. The nodes there prefer to mining than storing data.