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Except storing data on chain is insanely expensive (impossible) which is where bolt on adjacent technologies like IPFS, Filecoin, Arweave, etc come in. Have yo
by kkielhofner 4y ago
Except storing data on chain is insanely expensive (impossible) which is where bolt on adjacent technologies like IPFS, Filecoin, Arweave, etc come in.
Have you looked at IPFS pinning hosting costs? It's usually a multiple (between storage and bandwidth) of what you'd pay on S3 or similar. Even running your own node comes with so many operational challenges and consumes an INSANE amount of bandwidth and resources self-hosting for anything beyond a toy personal project gets prohibitive very quickly. The same cheap VPS that can do at least 1k TPS for static files with Nginx (or whatever) probably can't even launch go-ipfs (kubo).
So now not only are you (or your users) paying for every database transaction (on chain) your fundamental cost basis is a multiple of what it is today.
- beepbooptheory 4y agoI have noticed that about IPFS myself, such a shame for something otherwise pretty neat. Just crossing my fingers that Web4's utopian innovation is the opposite of this: everything is free, "transactions" are obsolete, we can just share for fun, not profit. I'd be the annoying proselytizer for that internet at the drop of a hat.