3 ms·

> but it cannot be true, right? It's just what they promise in the hypothetical future, not current price-tag? Here's the live pricing, right now: https://sias

> but it cannot be true, right? It's just what they promise in the hypothetical future, not current price-tag? Here's the live pricing, right now: https://siastats.info/storage_pricing https://siastats.info/storage_pricing > Is it cheaper to implement it on blockchain than by conventional means? It's more so that anyone can join the network as a host. They don't have to have a financial or business relationship with anyone, they can just provide their storage service and charge for it. No way to do that currently in the world without a blockchain.

ac29 7y ago
> It's more so that anyone can join the network as a host. They don't have to have a financial or business relationship with anyone, they can just provide their storage service and charge for it. No way to do that currently in the world without a blockchain. Maybe I misunderstand your point, but I could certainly install MinIO (a S3 compatible object store) on a home NAS and charge people for it without using a blockchain. I see your point about not having a financial or business relationship with a blockchain network acting as an intermediary, but I can assure you that the IRS and various law enforcement and regulatory agencies would tell you that you absolutely do have a financial and business relationship with whoever is paying you via the crypto-network whether you'd like to or not.
- ericflo 7y ago
  > I could certainly install MinIO (a S3 compatible object store) on a home NAS and charge people for it But how would that work? You'd probably make a website or app that had users sign up for an account, and then with that account they could associate payment information from a payment processing company, and then you'd provide them with credentials where they could log in to their Minio instance. Right? Then, you have to go out and market your service, explain to people why they should use it instead of existing alternatives, convince people that you're trustworthy, build a reputation, and generally do sales. In the case of Sia, you build your host, plug it in, announce it to the Sia blockchain, and then clients from all around the world start paying to use your storage. Clients don't have to register for an account first, don't have to involve a third-party payment processing company, and don't need a sales pitch because they algorithmically test, measure, and rank hosts. I remember at the outset of the web, a new thing was this user demand for services to become "self-serve", as in, you would no longer need to talk to a salesperson and establish a relationship in order to buy something — even something custom. I see this as the next step of that, where you want to be able to programmatically and algorithmically establish and dissolve those kinds of service agreements.

ac29 7y ago

> It's more so that anyone can join the network as a host. They don't have to have a financial or business relationship with anyone, they can just provide their storage service and charge for it. No way to do that currently in the world without a blockchain. Maybe I misunderstand your point, but I could certainly install MinIO (a S3 compatible object store) on a home NAS and charge people for it without using a blockchain. I see your point about not having a financial or business relationship with a blockchain network acting as an intermediary, but I can assure you that the IRS and various law enforcement and regulatory agencies would tell you that you absolutely do have a financial and business relationship with whoever is paying you via the crypto-network whether you'd like to or not.

ericflo 7y ago
> I could certainly install MinIO (a S3 compatible object store) on a home NAS and charge people for it But how would that work? You'd probably make a website or app that had users sign up for an account, and then with that account they could associate payment information from a payment processing company, and then you'd provide them with credentials where they could log in to their Minio instance. Right? Then, you have to go out and market your service, explain to people why they should use it instead of existing alternatives, convince people that you're trustworthy, build a reputation, and generally do sales. In the case of Sia, you build your host, plug it in, announce it to the Sia blockchain, and then clients from all around the world start paying to use your storage. Clients don't have to register for an account first, don't have to involve a third-party payment processing company, and don't need a sales pitch because they algorithmically test, measure, and rank hosts. I remember at the outset of the web, a new thing was this user demand for services to become "self-serve", as in, you would no longer need to talk to a salesperson and establish a relationship in order to buy something — even something custom. I see this as the next step of that, where you want to be able to programmatically and algorithmically establish and dissolve those kinds of service agreements.