Decentralized storage is becoming a key component of Web3 infrastructure. Projects like IPFS, Filecoin, and Arweave are revolutionizing traditional cloud storage by dispersing data across a global network of nodes.
The advantages of this architecture are obvious—data is inherently tamper-proof and can be stored permanently. Compared to centralized cloud storage, which faces single points of failure, decentralized solutions reduce the risk of data loss by 99%. In other words, your data is no longer controlled by a single service provider but is secured and made available by the entire network.
In terms of market size, the decentralized storage sector has already surpassed $8 billion in 2024. This figure reflects the growing recognition of distributed storage among projects and users. As Web3 application scenarios expand and data privacy demands increase, this market still has enormous growth potential.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
4
Repost
Share
Comment
0/400
MainnetDelayedAgain
· 4h ago
According to the database, the story of this $8 billion has been told since 2018. It has been nearly 7 years since the last promise of "permanent preservation," and the project team's pie-in-the-sky plans are currently in good fermentation.
View OriginalReply0
LootboxPhobia
· 5h ago
Filecoin has long claimed to revolutionize cloud storage, but in the end, it's not quite there.
Permanent storage? Just hear it out; if the hardware breaks, it's game over.
8 billion sounds impressive, but compared to AWS cloud storage, it's far behind.
Data security relying on global nodes? Give me a break, who will cover your back in critical moments?
View OriginalReply0
RektRecovery
· 5h ago
nah that 99% figure is doing some serious heavy lifting here... i've seen this movie before. decentralization sounds great until nodes start disappearing and nobody's actually incentivized to keep your data around. that's not security theater, that's just theater.
Reply0
RebaseVictim
· 5h ago
Sounds good, but how is the 99% figure calculated... Is it true or false?
With such high costs for Filecoin mining, ordinary people can't afford to play
Permanent storage? If the hardware breaks, the data is gone too
$8 billion sounds like a lot, but the storage market is so big that it doesn't really take up much of the share
Decentralization sounds nice, but in practice, it's still slow and expensive to use
Decentralized storage is becoming a key component of Web3 infrastructure. Projects like IPFS, Filecoin, and Arweave are revolutionizing traditional cloud storage by dispersing data across a global network of nodes.
The advantages of this architecture are obvious—data is inherently tamper-proof and can be stored permanently. Compared to centralized cloud storage, which faces single points of failure, decentralized solutions reduce the risk of data loss by 99%. In other words, your data is no longer controlled by a single service provider but is secured and made available by the entire network.
In terms of market size, the decentralized storage sector has already surpassed $8 billion in 2024. This figure reflects the growing recognition of distributed storage among projects and users. As Web3 application scenarios expand and data privacy demands increase, this market still has enormous growth potential.