April 7th 2020
Blockchain storage is appearing rapidly across the market. With a few companies doing intensive R&D in this space to offer a more secure, cheaper and responsive offering.
Once data is uploaded to Filebase, it’s stored on the Sia network. By doing so your objects get sharded into 30 pieces using Reed-Solomon erasure coding. To ensure security, these pieces are encrypted and distributed to servers scattered throughout the world for maximum redundancy. To offer incredible availability, only 10 of the 30 pieces are ever needed to recover a file. A great way to mitigate downtime without paying for additional infrastructure.
Compared to AWS S3, Filebase’s offering is completely S3 compatible which comes with their S3-Compatible API, enabling you to build into the storage without paying for API requests, or egress costs.
Overall, due to not needing to pay for additional infrastructure and overhead, Filebase extends to their customers no bandwidth charges for egress or API request fees – their $15 / mo for 3TB of data is very appealing as you know what you are paying for and don’t have any abrupt hidden service costs.
Previously published at https://blog.couchdrop.io/2020/03/25/blockchain-s3-storage-with-filebase/