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This question is essentially about whether on-chain storage is useful or not.

CN
Phyrex
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2 months ago
AI summarizes in 5 seconds.

The essence of this issue is not whether on-chain storage is useful, but rather why, under real demand structures, on-chain storage cannot become a mainstream storage solution.

For 99% of storage needs in the real world, on-chain solutions are not viable in terms of cost, performance, and accountability models. On-chain storage attempts to address the issue of trustworthiness, rather than the problem of scalable storage, which makes it difficult for on-chain storage to find large-scale practical applications.

The mainstream demands in the real world mainly focus on quantity, low cost, long-term preservation (logs, videos, training data), controllable permissions and deletability (compliance, privacy, auditing), and stable SLAs with accountable parties (who can be held responsible in case of issues). On-chain storage is almost incapable of fulfilling these aspects.

Therefore, any Web3 project related to storage is essentially trading decentralized security for extremely low storage efficiency. Those who have invested in Web2 cloud computing know that the ability to delete, having a centralized responsible party, and ensuring the cheapest and most stable connections are the most important factors.

If there are issues with the storage itself and no responsible party can be found, which Web2 application would dare to sign a contract?

Thus, on-chain storage is not a competitor in the storage industry; it is more about the "trust layer" rather than the "data layer." It is more about "concept" than "practicality," at least not yet in this field. Therefore, whether memory prices rise or hard drive prices increase, it has almost nothing to do with on-chain storage.

Because it is simply not a coherent logic.

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