The Future of the Internet is Decentralized
Web3 is the buzzword representing the Internet moving from centralized servers to an architecture whereby apps and storage are deployed across multiple servers often run by individuals over corporations.
To ensure the network is of highest quality, incentives are offered to participants who offer the highest quality services.
Data is secure as it's encrypted across servers. Replication ensures availability. Unlike current storage, data owners have complete control of the data (you own your keys). There can be significant savings over traditional storage. Sia's decentralized cloud storage costs "90% less than incumbent cloud storage providers. Storing 1TB of files on Sia costs about $1-2 per month, compared with $23 on Amazon S3."
MrRaymondlee.com is hosted on Skynet (created on top of Sia platform). As of January 29, 2022, Sia has 647 storage providers across the globe with 6.99PB (petabytes) available of which 1.87PB are used.
