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How much does it cost to store the actual asset only within the actual blockchain, for the most popular chains?
by robrorcroptrer 5y ago
How much does it cost to store the actual asset only within the actual blockchain, for the most popular chains?
- hobo_mark 5y agoDid not do the math myself, but apparently: https://twitter.com/dominic_w/status/1490349135249035264 https://twitter.com/dominic_w/status/1490349135249035264 "Cost of storing 1 phone photo (3.3MB) on the blockchain" ICP 1.6 cents - Solana ~$2,500 - Ethereum ~$1M
- ramchip 5y agoICP looks pretty dodgy from some quick googling. The number might still be true, I have no idea... https://www.reddit.com/r/CryptoCurrency/comments/pg3nuf/was_icp_a_scam_coin/ https://www.reddit.com/r/CryptoCurrency/comments/pg3nuf/was_...
- Lapsa 5y agoi see pee is actually good at something?
- tromp 5y agoOn the order of $1 per KB for Bitcoin IF it allowed transactions to embed arbitrary data, which it doesn't. Spreading bits of data over many transactions is MUCH more expensive.
- seba_dos1 5y agoA fortune. Plus once it's on a public blockchain, everyone can copy it, so not sure what does "only" mean in your question.
- numpad0 5y agoI've heard lots of NFTs are just links to links that starts with "https://s3.us-east-1 https://s3.us-east-1". It makes some sense to make it any ways but not like that.
- ushakov 5y agonah, nowadays they use IPFS
- swiftcoder 5y agoIPFS itself is often just a transient cache of S3 - someone has to host the content somewhere to "pin" it to the IPFS network, that somewhere is often S3.
- michaelt 5y agoThe ability to store actual assets on the immutable public blockchain probably isn't a very desirable feature, lest some joker uploads something illegal.