EOS.IO Storage White Paper Now Available!

in #eos6 years ago

EOS.IO Storage is a proposed decentralized file system designed to give everyone the ability to permanently store and host files accessible by any web browser. Unlike some other proposed alternatives, there would be no upfront fee or ongoing charge for storage or bandwidth on EOS.IO Storage aside from a completely refundable deposit. Users must hold tokens while they need storage and bandwidth and may sell tokens when storage and bandwidth is no longer required. Built on the InterPlanetary File System (IPFS) and the EOS.IO software, EOS.IO Storage will be a service provided by block producers for those who hold tokens on a blockchain that adopts the EOS.IO software. The block producers would be incentivized to replicate and host these files, allowing anyone with an Internet browser to access them.

With EOS.IO Storage block producers could provide high bandwidth serving of videos, music, images and for applications like Steemit. This changes everything!

Download the PDF for the full white Paper.


Sweet love it keep on trucking

I really love the fact that you don`t really pay for storage rather only depositing coins into the network. You can always get your deposit back. Really interesting to see!

Awsome info, can't wait for new products to roll out of EOS.

these claims. "this changes everything!" Reminds me of bts "reimagine everything!" ok....if you want to us to hire eos block producers over AWS for storage you have a LOT of work ahead of you. come back when you have a product, track record and projected costs

@ned, it's just a whitepaper man, relax...

"The secret of change is to focus all of your energy not on fighting the old, but on building the new" - Socrates

If I read the paper correctly, it's operating on the same model as the Steemit isn't it?

Steemit "changes everything" because it rewards users for content they produce.

EOS "changes everything" because it rewards block producers for the content they host.

Both are different from the current blockchain economic models in that they make the service basically free to use, simulating current internet services like YouTube. When in reality they have a very clever model where new users are given tokens that are paid dividends which covers the transaction costs as long as the user holds them.

I understand building a decentralized storage system, or in EOS' case, a decentralized operating system, is much more difficult; but I see no reason why you would be skeptical of the same, proven business model.

We don't host steemit on the Steem blockchain and never would...there's a lot of layers of stack, convenience and security concerns that go into hosting a website that just havent been addressed in the slightest

Never is a dangerous word. Who knows what the future will hold in store? Maybe these guys will come up one day with a polished product, a proven trackrecord and a clear picture of projected costs. Maybe they won't (slightly bigger chance I think).
But "never" makes your comment seem emotional. Relax, 300K Steemit users are here to support this platform and its dev & management team.

this is helpful

In a long term AWS will become a EOS block producer 😁

I'm sure at least some of the producers will be running their witnesses on AWS machines, so yeah, you're technically right :stuck_out_tongue:

Even if EOS isn't cheaper than AWS, it provides a service that AWS can never offer: decentralized storage. EOS is setting itself up to be the best decentralized storage solution by far. As a bonus, it will likely compete with AWS on price.

it sounds like ur not a fan of EOS, @ned? Or perhaps a fan of the language?

I like that phrase:
For the first time, a decentralized, cryptographically-secured platform may be able to offer a hosting service competitive to the current freemium, centralized, providers.

Love the way that the EOS team plays level. Granted most demand concrete proof of capability but it's early days to make such demands and the goals that EOS has set are amazing. Most take the language in the white paper as flaky and pick it apart to feed doubt.. I'll remain bullish on it as I believe it has a bright future. In sixteen months I'm looking forward to the retracted statements and self inflicted kicks to the posteriors of those who have already started to run EOS into the ground.

Thank you for posting @eosio.

Appreciate the information and updates.

We are looking forward to the roll out of EOS.

Is there any chance it will have a early release?

All the best. Cheers.

Hey it's my steemit birthday :D I'm one month here :P yaaaay, I used like 1/4 of my sbd to promote my post about it :( such a waste :/

@eosio, that is very promising. So does that mean that if i have extra HDD space i can put it up for this?


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