Decentralized Data Storage’s Only Competition Is the Public Cloud

Decentralized Data Storage’s Only Competition Is the Public Cloud

(frank mckenna/Unsplash, modified by CoinDesk)

This week, the Filecoin mainnet finally went live. This is huge news, not only because of the anticipation following Filecoin’s in 2017, but because creating a vibrant ecosystem of decentralized cloud offerings is an important step in the maturation of the cloud.

I suspect my feelings on this development may surprise a few people, given that it means a high-profile organization is entering into direct competition with my company, Storj Labs. Instead, I see it as the further evolution of a necessary industry, one that we have helped lead for several years now. 

Nigerian Banks Shut Them Out, so These Activists Are Using Bitcoin to Battle Police Brutality

Previous

Money Reimagined: How Ethereum 2.0’s ‘Lockup’ Will Drive DeFi Innovation

Next

More