It is time consuming. SOC2 certificate for the public network would take like a year or so. And all it would do is move some PB of storage from the select network over to the public network. I believe that would be a cost reduction but I also don’t know that for sure. Especially with the new pricing it might be same margin for us either way. And just because the public network is SOC2 certified doesn’t mean these customers will switch. There will be a caviat in the SOC2 report. Customers reading it will have to make a choice between 2 sligthly different SOC2 offerings. Depending on what they are looking for they might still end up using storj select.
Edit: Befor you might ask. Storj select is storing the data in SOC2 certified datacenters. The SOC2 certification of the public network might argue that the nodes only hold encrypted pieces of the data and therefore are excluded (one idea how to do it) Customers would have to decide if they follow that argument or go with storj select.