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Early feedback wanted: cheap decentralized storage
I'm working on a concept for decentralized storage for businesses and I'm curious to learn more about what potential customers needs are. Anybody have contacts that would be willing to talk to me?
prototype here: https://www.namjo.io
- mattl 5y agoHow is it Bitcoin powered?
- louiethedog 5y agoGood question. In order to incentivize nodes to store data long term, namjo pays the node operators via the lightning network. It's a similar concept to Filecoin except the financial incentive is Bitcoin as opposed to a native token.
- sharemywin 5y agohow much are the bitcoin transaction fees?
- swimclub 5y agoThe transactions are done over the lightning network so they are usually in the range of a handful of satoshi's or $0.0006, but with private channels we bring it down to the milli satoshi range ($0.0000006) in order to enable micropayments.