The payment per TB stored won’t increase, ever. The reward is in more data in shorter time on our nodes. I only hope they keep 1.5$/TB longer.
No I did not say that.
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Now, that was wimpy…
We can all pretend we don’t know what’s going on, it’s our choice, for the sake of the storj-SEC relationship…
You could have just asked @heunland why the hell they started the enterprise with a token. Why not just use $'s instead? Is it too expensive to move around? Why not a stable crypto then? What was the need for a new token?
Because maybe it don’t cost them and they can sell them for real $?
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“Is it too expensive to move around? Why not a stable crypto then? What was the need for a new token?”
read between the lines
If people have questions about the utility token, the video linked below is a great place to start for a comprehensive overview
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I have an indirect question from the chia forum…
Chia profitability is difficult at the moment xch price has dropped and there has been a halving.
The question is “Does a storagenode max out at 100TB?” And really, the real question is, as we discussed here before, when the chia miners turn up and ask “Can I run a PB node?”
AFAIR the commercial program only accepts operators with at least a petabyte of storage, so yes. But they’d need to be SOC2-certified.
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Many SNOs are over a PB now. One of the regulars (Th3Van) is 1.4PB-and-growing and posts his setup and status for all to see. But you will have to run many (hundred+) Storj node processes… and your growth rate will be determined by how many different /24 IPs you control.
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There is also should be a demand of the EU analogue of SOC2 (ISO 27001). Right now the EU customers are pretty happy with the EU geofencing in the case if that’s a mandatory requirement.
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Nice 
But EU-Geofencing is possible in the public Network too, isnt it?
Thx
Thats what he said. ISO 27001 would be storj select but so far the customers don’t need it and can go with EU geofencing instead.
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Those are really two very different standards with some overlap on security.
ISO 27001 is an international security standard with three levels of certification. The focus is on technology and documentation.
SOC2 is an American auditing standard focusing primarily on governance defined by the American Institute of Certified Public Accountants (AICPA) with two levels of reporting. To get a reputable auditor to provide a clean report for Storj, the audit would need to include both the location of the Storj nodes (a data center) and of the overall system (Storj satellites and source code control).
Both require a minimal amount of security including an annual penetration test.
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The only difference is one is US only and nobody outside the US cares…
SOC2 is being used in Europe as well, I can tell from experience.
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Actually enterprises do care. So if you are going for some small business or individuals, sure. If you want an analog to ISO 27001 the US equivalent is NIST CSF. SOC2 Type II is great and so is either IS27001:2013 or NIST CSF.
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You are still missing the point. We talked about the fact that most companies in europe don’t need it because geofencing is enough to comply with EU laws. What you need to understand is that soc2 isn’t a thing here. So sure you can talk about all the difference that makes soc2 superior or what ever but it still doesn’t change the key element of the conversation. Geofencing is enough. We don’t need to talk about the soc2 details. There is a world outside the US you know…
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I had no idea Storj was only interested in storing data from European customers.
Where did you get that impression from?
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