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When you actually drill into what filecoin is and how it works you realize it's literally worse than any other form of data backup that I've heard of. No sane
by naet 4y ago
When you actually drill into what filecoin is and how it works you realize it's literally worse than any other form of data backup that I've heard of. No sane engineer would ever use it for any reason other than it being related to the crypto industry. It offers far worse utility than using AWS S3 buckets, at a far higher price, and with tons more risks for no upsides.
And that is a perfect metaphor for 99% of crypto "usecases"
- MacsHeadroom 4y agoFilecoin storage is analogous to glacier, not s3. It's about 2000x cheaper. IPFS can be used like s3 with a third party shim for between free and 400x cheaper.