A Singapore-made venture named Foresight Venture is looking over the data of all the blockchains.
Their analysts bring out the best in all blockchains. They bring out their drawbacks. Try and fix them. They also have a good grip on the crypto industry. They study their profits and fees. Compared them. They published a new study report on the storage fees of some reputed blockchains.
A Close Study Of Reputed Blockchains By Foresight Venture
There are hundreds of firms available in the market but a few show accurate results. Foresight Venture is one of them.
Their analysts have done a close study of Filecoin, Arweave, Swarm, StorJ, and Sia. All these blockchains’ storage prices range from $0 to $4 per terabyte. Whereas, other web2-related blockchains are very expensive.
Those include famous blockchains such as Amazon Cloud and Microsoft Azure. They cost $16 to $23 per terabyte on a monthly basis. Foresight Venture pointed out how blockchains have numerous flaws. One of them is File loss. Even after all these years, they couldn’t fix their file loss problem.
Some of the blockchain only has storage fees such as Filecon. While others have data upload fees, retrieval fees, and also storage fees. They charge up to $7 per terabyte monthly.
Another firm Messari’s study showed Filecon has the greatest market currently at 67%. Arweave with 19%, Sia with 8%, and Storj with 6%. The metric has decreased up to 3.1% in this current study. This was 0.2% two years back. Filecon has the largest capacity of all time. 22.7 billion storage capacity. They have a storage provider of 3623.
