Storj, Filecoin, Sia; Golem, Akash, iExec; Livepeer, Helium, Orchid (the last one being mine)
Like, some cryptocurrency projects are working on "big business". I keep hearing that Helium has been getting carrier partners for its LTE hotspot rollout, and its IoT hotspot product is not inherently any more stupid than Amazon Sidewalk ;P.
https://twitter.com/MessariCrypto/status/1514694855070556170
Practically that's impossible, since the network would need to swap the whole datastore once every payment cycle.
Say each block is stored on three nodes, then these nodes could each generate a nonce, compute a hash of the stored block (using all nonces as IV) and then vote on whether they still have the original file or not. This is much more feasible, as only nonces and hashes are transferred (a few dozen bytes instead of e.g. 64MB blocks). In that case they can store nothing and instead cooperate to generate spoofed hashes, so you probably want some auditor nodes.
I am not sure why any of these would strictly need blockchain to solve the problem of safely storing data in a pool of untrusted, unreliable nodes.
It sure is a neat hack if they have changed to PoW to Proof-of-Storage, but whether is it actually usable for real-world applications of storing data at scale?
Honestly, if you pay me money for, I'd sell you "something something blockchain" if that's what you want me to do. Though shutting up about telling you my opinion ("fuck blockchain") will cost extra.
Otherwise I'd agree with you, if there is no guarantee that data is stored correctly, there is no point, might as well use S3.
I wonder if that has ever been tested by bad actors. For Bitcoin, the proof of how the network is resilient against sub-50% attacks is simple enough.
I used to have a spare PC with a 13TB HDD mining Storj for a couple of years and it worked fine, but converting the tokens to currency I could use was a major hassle.
Cheaper storage alone is enough to lure some people away. There are also people that simply hate AWS for reasons of their own and choose a startup provider for ideological reasons. Finally there is the obvious application of encrypted storage, to store material that is illegal in your jurisdiction.
And even then, go with Blackblaze or Wasabi or R2 or whatever S3 competitor that is cheaper.