so again why? because i can (maybe)
why should people use it?
beacuse they want to and they like free stuff, but can they expect the same level of support? of course not, i only have so much time to spare, and i cant expect others to do the support part
and then in the end, it might end up as a partial competitor for storj and piss them off, and that is not my goal…
Maybe a good trade-off would be what I was thinking of here? Open discussion / ideas for updated tokenomics - #114 by Toyoo A cheaper, closer to tit-for-tat version, while still having Storj Inc. maintaining satellites, maybe doing some light support, and get paid for it.
Hosting satellites is expensive though. Storj had to introduce a per-segment fee at some point to discourage bloating satellite databases by many small segments.
The closest you can get to this is if you were doing this yourself for your own nodes, like what is called a private cloud.
For the fun of the learning experience, count me in as well. I’ve got a few TB in spare.
Agree - if this at any point evolves in that direction, I’m out.
Thought..
If this test-setup is based on zero economy for participation, the supply/demand would probably soon become unbalanced - what if the currency is based on 1:1 or even 1/2:1 shared storage equals what you would be able to put into the network? This would be an incentive to stay online and go it well.
Also - next to satellite resources, repair workers might be a resource hog as well?
As soon as you ofer free storage to everyone, someone will fill your storage in the first day with junk. Just to piss you off.
This project only makes sense for close circles.
Mostly a bandwidth, CPU usage shouldn’t be higher than with uplink (which is basically it), but since it does not encrypt/decrypt, the usage is expected to be lower.
a few months have passed, i wonder how well a competitor to storj that does excatly the same but pays the nodes in USD (via paypal maybe) would be recieved? just a thought again
it would still require me and prob a group of people that can understand all those settings and how they interact. a wizard tool of sorts would have been lovely
A competitor would have the same growth challenges as any S3 provider: attracting paying customers. Actually providing the space has been the easy part - no matter how the node operators were paid.
that is also why i have been silent for the most part
you have to get somebody to trust you enough that they want to pay for the service, and why should they if you dont provide something different than storj does
Another angle that has to be considered is compliance. If you use USD-equivalent payments via stable coins, and also happen to be operating the company/satellite from the USA (or any nation with a sanctions regime in place), you would be forced to prevent certain node operators from joining the network or risk legal trouble with the OFAC. If you refuse to comply with the OFAC to maintain the global network despite sanctions, you lose enterprise customers as they could be held to task for using a non-compliant vendor. Not to mention it would be a federal crime, risking prison time for exec’s, asset freezes, company shutdown, etc…
The token system works within that compliant framework, providing payment infrastructure that functions globally without the legal exposure that stablecoin payments would create. It may not be ideal for every node operator but on a global scale it works, and is more than just another crypto gimmick someone made to earn a quick buck.
Storj is OFAC compliant, we are not side stepping any regulations. We filter out any nodes in sanctioned jurisdictions, these nodes will not even be able to connect to our satellites.
Thank you for providing that insight as I was not aware Storj actively filters out those nodes. I have updated my post to reflect it and avoid creating confusion.