Article • about 3 years ago

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

Orchid Storj

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.

Source: https://blog.orchid.com/john-gleeson-on-how-decentralization-enables-better-cloud-storage/

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