Articlealmost 3 years ago

Decentralized Cloud Storage Services and their Potential, According to Storj COO

Decentralized Cloud Storage Services and their Potential, According to Storj COO
Summary
  • Decentralized systems can deliver comparable or better user experiences than centralized counterparts.
  • Challenges in building decentralized cloud storage include ensuring data privacy and creating an economically viable model for node providers.
  • Decentralized storage platforms incentivize node providers through token rewards and protect user privacy through encryption.

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