4 ms·
You're right, if it weren't prohibitively expensive to store social media data on Ethereum (for example) then that's exactly what all the decentralized develope
by WClayFerguson 6y ago
You're right, if it weren't prohibitively expensive to store social media data on Ethereum (for example) then that's exactly what all the decentralized developers (including myself) would already be doing.
I checked the Gas price on ETH and quickly concluded that's not even remotely sensible to use it for social media networks, and the bigger problem is that if something became hugely popular that could drive up ETH gas prices too, so building on that infrastructure seems risky from a cost perspective.
- loceng 6y agoIt will always be cheaper to not use the blockchain for storage - most things aren't critical, sensitive or important enough to necessitate being stored in such a way.