Understanding how Storj business works with bandwidth constraints

I feel like I mentioned this before, but if not I apologise for the confusion. I’m a SNO just like you, so it’s not my white paper or my earnings estimator. I agree that the estimator could use a bit less optimism in the calculations. It calculates a best case scenario instead of realistic current use. I don’t agree on the security comment, because everything is encrypted with good encryption before upload, the security is too notch as not a single component of the network is capable of decrypting the data except for the customer holding the keys.

Sorry if I took you as a Storj moderator.
As the security is concerned, to be able to operate in the US they need to give a backdoor to the authorities. Its usually pretty safe, until an employee blow a fuse.

Sorry to @BrightSilence I did not notice he was another SNO. I hope Storj employee read the forum.

I would have a hard time to get a link as slow as 200Mbs, that’s the difference between statistic and real life.

The big guys have secure, highly redundant, ISO certified data center. Storj has an unproven technology, do you think the government like IRS, NSA, FBI or banks would store data on this network? Would you feel good if they did?

The good thing about open source software is that it’s trivial to check whether such a backdoor exists. (Spoiler: it doesn’t) You don’t have to take my word for it though, have a look at the code. Now I’m not a legal expert, but I’m pretty sure that while companies have to comply with requests for data, they can not be forced to include a backdoor under US law as of now. Otherwise secure messaging apps couldnt operate as they do now either. Furthermore overly broad requests for data are often challenged in courts as well.

No worries, it’s an understandable mistake. They definitely do read the forums and encorporate feedback into their products. All I can say is that in order to be heard a constructive tone in communications makes a big difference. Nobody says everything is perfect and if you back up issues with evidence, in my experience they are solved really quickly.

No they don’t. US law does not require this.

That’s the whole point of the beta phase we are in right now: to prove that the technology works, can scale, is durable, etc.

Maybe. Once it is in production and has been shown to meet or exceed the availability and durability requirements of these organizations.

I’m not sure what you’re trying to ask here or how “feeling good” is relevant to the operation of this network.

I’m not sure I see where re-selling is happening. Bartering some of my storage and bandwidth for tokens. No different than people using bit torrent to help with CDN.