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Supposedly Filecoin is storing 'real' data, so it's not using any more storage than AWS or any cloud provider would. Is that not the case? At this point I would
by KingMachiavelli 5y ago
Supposedly Filecoin is storing 'real' data, so it's not using any more storage than AWS or any cloud provider would. Is that not the case? At this point I wouldn't be surprised if the the number of 'real' data stored was only a fraction of the total network size. Chia is just storing 100% useless data outside of its use by Chia itself.
i.e Filecoin's and similar coins should have value directly tied to their use to store data while Chia is just another crypto that has no 'intrinsic' value outside its use as a currency and computation platform.