Competition with amazon glacier
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I discovered Sia a week ago and I loved the concept and the product. I saw that Sia offers storage at 2$/tb/month. This is much lower than amazon s3 prices of around 29$. I recently saw that amazon glacier is offering storage at just 4$/tb/month. So, how is Sia planning to place itself above a trusted company like amazon to the investors/other companies working in collaboration?
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@sanmn19 Decentralization, encryption, redundancy, low price. Amazon could look at your files and/or turn them over to the police or even lose them. Siacoin even if you found the host you couldn't read it.
1Make sure you tag me @bryan if you need to me respond.
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Those are great points. However, amazon being amazon, will undercut their prices to beat the competitor prices. Sorry if I sound pessimistic but do you think regular people care enough about anonymous, decentralized storage more than the price? If so, how do you plan on making people aware of the impact of non-anonymous storage?
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@sanmn19 I really don't think regular people care about it. But they may end up using it unknowingly. HP is making hardware to run SIA. That alone will give regular people a reason to to use SIA large scale without caring about the stuff we care about.
0Make sure you tag me @bryan if you need to me respond.
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It is important to know bandwidth cost too.
Amazon Glacier - Data Retrievals:
1 - 5 minutes
$30 per TB3 - 5 hours
$10 per TB5 - 12 hours
$2.5 per TB
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+1 on the last comment. Glacier is that insurance policy that is REALLY cheap, BUT, when you have to recover data it costs you based on the speed of restore. That cost isn't cheap. SIA here really does have a product that I believe will change storage for lower end NAS vendors quickly for DR and serving data raw outside of those NAS vendors. 3-7 years this could be a disruptor in the industry. MY only worry isn't so more the technology of the product, but the blockchain growth and keeping up with changes to the size of the blocks and mgmt. I've been doing BTC for 5-6 years, and it's up to ~120GB. I feel SIA will have some insane growth as well.
