coming from someone who is not a fan of Siacoin from when I last used it in 2017, I think you miss the point
what I like and want is encrypted distributed data that I can store and retrieve quickly and cheaply
I also like an economic model that aligns the hosts to maintain the data, and how the proliferation of that economic model lets me invest in its growth from merely being a passive non-productive speculator, and finally I would like a clear easy to understand ROI from being a productive host: can I subsidize the cost of my hardware that I'm already interested in having.
any cryptocurrency can do that, but how the software uses the cryptocurrency is a key factor, and unfortunately we can like an idea and team but get forced to accept an economic model that has flaws
so for me, it is easy for me to understand why teams want to promise the sky against S3, and it really isn't that relevant to using this securely. like, you might be able to subsidize all of your hardware and provide a service without worrying about if the SIA comparison is accurate because its really not relevant.
but finally, it turns out that unmonetized and non-cryptocurrency based decentralized cloud storage networks are good enough! so I stick with IPFS.
IPFS isn't decentralized cloud storage though. Unless you host your file yourself on your IPFS node, your file is not guaranteed to be available. Hence why Filecoin is a thing they are working on.
there are also services and nodes which will maintain pins for you, and the capacity for decentralized encrypted shards is fine.
There may be circumstances where I want the piece of mind to pay multiple nodes to store/retrieve encrypted shards of data. SIA nor STORJ seem to be it.
what I like and want is encrypted distributed data that I can store and retrieve quickly and cheaply
I also like an economic model that aligns the hosts to maintain the data, and how the proliferation of that economic model lets me invest in its growth from merely being a passive non-productive speculator, and finally I would like a clear easy to understand ROI from being a productive host: can I subsidize the cost of my hardware that I'm already interested in having.
any cryptocurrency can do that, but how the software uses the cryptocurrency is a key factor, and unfortunately we can like an idea and team but get forced to accept an economic model that has flaws
so for me, it is easy for me to understand why teams want to promise the sky against S3, and it really isn't that relevant to using this securely. like, you might be able to subsidize all of your hardware and provide a service without worrying about if the SIA comparison is accurate because its really not relevant.
but finally, it turns out that unmonetized and non-cryptocurrency based decentralized cloud storage networks are good enough! so I stick with IPFS.
hope that was useful to someone.