Only future knows. But it would be better to have investment on the projects initially... Of course yes they gain demand in the course of time.
I feel not more than DAAPs...
For this instance,Storj to gain more demand. It has to offer more speed, bandwidth, privacy and censorship comparing with traditional cloud storage. But lets see in future. I would like have your review on this coin or similar innovative projects. It would be great and helpful than a noob like me telling about it.Exactly @inventor16
You are viewing a single comment's thread from:
@chandu91 I'll look into doing a review of Storj, my initial thoughts is it's a solid idea. One cause for concern is storj competitors like google drive offer 15GB of free storage which is very secure and reliable, so most people will just use that, so demand may be lower. Demand is going to be a key player in the marketcap of the coin itself.
What about pirates?
I remember once I read Peter Sunde's post when Kickass torrents been shut down. He was in opinion in future the data must be distributed and uncensored without any Centralized control. Data should be free and accessible to every one.
May be, the pirates of with same opinion may employ this idea. Which means even the host don't know what data was hosted except with the user who had its key.
Because the data hosted on the blockchain will be encrypted with cryptography.
May be this may tap the untapped potential.
It's just my view. Waiting for your review on Storj and other kind of projects.
Peter Sunde's is the founder of Pirate Bay.
His interview
https://torrentfreak.com/pirate-bay-founder-piracy-scene-needs-innovation-160726/