Fine. But they also said that $130K payout number is effectively required so running nodes remains viable. If it is lower than that with their own words, it is not viable.
Effectively SNOs pay for the acquisitions, if like what your answer sounds like, they used the tokens for the acquisitions instead of meeting their own minimum payout total.
Also fine. But the number of nodes does not have an impact on the paid total. If the target is to pay $130k then you can pay it no matter how many nodes are on.
And this was the fear when Select was introduced. Exactly this. This questions if the public network features are properly aligned for the demand. And we see they are not. They test on public and move their data to Select. So the product offering is wrong. The features are wrong. Especially the missing certification. And we had it already when Select started with the first company from the health care industry. They don’t care about all the fancy technical features and advantages of the public network, if the proper certifications are not there. And with proper certifications Storj might be even be able to charge higher prices. I mean look what other charge for their object storage with the proper feature alignment: Object storage pricing - WAW3-1 Cloud | CloudFerro
And ok, Vivint went to Select, to be fair we were never really promised the deal would be signed. But if I remember correctly, we were told 2 other things repeatedly: 1. There are other (large) customers in the pipeline besides the back then unknown Vivint customer and they were onboarding new customers all the time.
or this
or this
This sounds like growth to be expected but now it is December and I don’t really see it has happened.
This should not stop them to reach the total target. But with more nodes the target should be even higher…
It is obvious that they are working hard. We have seen lots of efforts over the year. I do not deny that. But if the results are not what you have expected then you need to ask yourself if you are on the right path.
I mean look at this:
Apr 30:
and today:
You never know, if the displayed data is correct or if there is another glitch, but from this chart we have effectively lost over 2PB of customer data since Apr 30th.
Maybe they need to buy a company like that. And maybe even others.
I agree. But for that the offering must be aligned with the demand. And as we see the huge companies we would like to see, they demand certifications, certifications and certifications. The prefer to go to Select which has drawbacks over the public network because it does have the necessary certification.