Irys allows data to create value for creators, a comparison of several major storage public chains.
As an innovative decentralized data chain, its goal is to enable data to create value for its creators. How can a data chain that unlocks data value generate value for its creators? Below, we will delve into the core differences between Irys and other mainstream solutions.
Compared to Filecoin, Irys offers more stable economic incentives, flexible options for permanent and short-term storage, and smart contracts that can interact natively with data, addressing the core shortcomings of Filecoin in terms of performance, cost predictability, and functionality. In terms of storage models, Irys supports both short-term and permanent storage, with users paying on demand, and prices are stable and predictable, currently around $2.50/GB, with permanent storage expected to be as low as $0.03/year. This is significantly lower than the high volatility and high costs of Filecoin and Arweave.
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