Decentralized file storage pricing differentials persist despite market growth: Report By Cointelegraph
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According to a new report published by Singaporean venture capital firm Foresight Ventures, the cost of decentralized file storage on blockchains such as , Arweave, Swarm, StorJ, and Sia currently ranges from near zero to $4 per terabyte (TB) per month. This is much lower than traditional Web2 services such as Amazon (NASDAQ:) Cloud or Microsoft (NASDAQ:) Azure, where prices can range from $16 to $23 per TB of monthly storage.
However, the report also outlined other costs associated with decentralized storage, such as data upload fees and retrieval fees, the latter of which can amount to $7 per TB. Some service providers mentioned in the report, such as Filecoin, only had storage fees, which were also quite low, while others had all three types of aforementioned fees.
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© Reuters.
According to a new report published by Singaporean venture capital firm Foresight Ventures, the cost of decentralized file storage on blockchains such as , Arweave, Swarm, StorJ, and Sia currently ranges from near zero to $4 per terabyte (TB) per month. This is much lower than traditional Web2 services such as Amazon (NASDAQ:) Cloud or Microsoft (NASDAQ:) Azure, where prices can range from $16 to $23 per TB of monthly storage.
However, the report also outlined other costs associated with decentralized storage, such as data upload fees and retrieval fees, the latter of which can amount to $7 per TB. Some service providers mentioned in the report, such as Filecoin, only had storage fees, which were also quite low, while others had all three types of aforementioned fees.
Continue Reading on Coin Telegraph
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