Mining machines become scrap iron, a history of millions of blood and tears Remember FIL's "King of Storage"? Seventy or eighty thousand bought a mining machine, and the CX boss fooled "three generations of children and grandchildren are full", what is the result? Now all the piles are scrap iron with QR codes, the electricity bill has not been earned, and the principal is all fed to the dogs! In 2022, I will have dinner with a few big brothers who do Filcoin in Shenzhen, and they really put all their net worth into it. At first, the cost was nearly 20 yuan, and then it slowly dropped to 10 yuan, but the result was still a loss and there were no bottoms left. An old man told me that Filecoin really got a lot of people in Shenzhen, and some of them even mortgaged their houses, and finally lost all their money 🧵 On the contrary, a friend recently showed me the hot storage solution that Shelby @shelbyserves Jump and Aptos have teamed up to work on, and yes, the storage solution again First of all, from a technical point of view, Shelby focuses on real-time data interaction capabilities, and the read and write latency is at the sub-second level. Unlike Filecoin's cold storage, read speeds are death-slow. And its economic model is also quite interesting, the data can generate revenue every time it is read, and the creator can directly set the charging rules. If you haven't tried Fil and AR storage, then you probably won't know that manual retrieval is very slow, and if you really want to use storage as a server, then it has to support millisecond response times, and while Filecoin and hot storage are positioned differently, they can be complementary Long-term archiving of files (e.g., historical data, NFT metadata) can be stored on Filecoin. Real-time interactive data (e.g., dynamic updates, real-time feeding of AI models) can be stored in hot storage systems (e.g., Shelby). Filecoin focuses on low-cost decentralized storage, suitable for static data, hot storage focuses on high-frequency interaction, suitable for dynamic data, and does not say which one will be better, but for different use cases, for now, there are more dynamic scenarios that need to be supported, and Shelby has cooperated with big names such as Story protocol, NBC universal, etc Behind Shelby are Jump and Aptos scenes. The transaction confirmation speed of the Aptos chain is ridiculously fast, it can be completed in 600ms, and the cost of a single transaction is only $0.00055. Jump brings an institutional-grade throughput architecture, which ensures Shelby's performance Finally, to sum up, AR plays permanent storage, STORJ rushes enterprise services, and what about FIL? I can only say that this industry is indeed evolving, and there are always better solutions and technical solutions to the new storage stars