Review on Storj by Paul Sletten
https://storj.io/ Cloud storage that uses the word blockchain. The first cloud…
https://storj.io/
Cloud storage that uses the word blockchain. The first cloud storage + crypto concept I have reviewed here, and I could not be more disinclined to participate. In addition to Wifi being everywhere and free in the next 2-5 years, so too will storage be. We don't pay extra for our cell phones to store our contacts, it gets rolled into the cost of the device that can do 1500 other things. What kind of customer will pay money for cloud storage that has so many potentially negative impacts on their data, money, and access to their intellectual property? I know I've met those people, but I don't associate with them. Until the morrow, beloveds. #ComeToAtlanta
Pros
- It has an .io domain. Good start. ETH shaped object, with appeal to authority of the 20 year old cryptostar not named here. Proof of Retrievability - another version of proofs. Anything that makes me google things and stalk wikipedia pages for the actual nuts and bolts is always in style. Better educated consumers means companies and projects will have to actually contribute something useful in order to last beyond 3 years. Open source cloud storage is hailed as the first of many features in this product, but I think cloud storage already exists, and I can only count eleven products on the list here that beat their price per month. http://www.zdnet.com/article/cloud-storage-price-check/ Say it with me, class: If it ain't free, it ain't for me.
Cons
- Class action waivers in the terms of Use boilerplate may be an industry standard, but even so, I find it unattractive that projects / companies / Mister Mee Too FinTec places work so hard to try to insulate themselves from the very real prospect of getting sued after they screw over their customers / participants. While I am sure STORJ is not alone in this tact, them putting Arbitration in Delaware conducted by a single arbitrator in ( STORJ is based in Georgia). I wonder why a company would want to have court all the way in a state like Delaware - maybe one of you gentle readers can google for me and tell us why. The company also, upon you storing data there, becomes able to essentially own your stuff forever and profit from your input, while you get the privilege of paying them to store the intellectual property, sensitive data or adorable fingerpaintings your kid did in 2nd grade.
