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YANG Haipo: Decentralized Storage Such As IPFS Is Fake Requirement

Tracy CHEN

Summary: ViaBTC CEO YANG Haipo said on Weibo (Chinese Twitter) on June 22 that it is not particularly optimistic about the development of IPFS or storage blockchain projects because of the decentralized storage is a fake requirement. Decentralized storage requires more copies, which inevitably increases costs and reduces efficiency. The blockchain is essentially a database system with ...

ViaBTC CEO YANG Haipo said on Weibo (Chinese Twitter) on June 22 that it is not particularly optimistic about the development of IPFS or storage blockchain projects because of the decentralized storage is a fake requirement. 
Decentralized storage requires more copies, which inevitably increases costs and reduces efficiency. The blockchain is essentially a database system with low capacity and efficiency, and high cost. It is only suitable for storing some ledger data, but not for everything.
EOS is a failed case, trying to build an enterprise-level public chain, but is filled with trash data. Thus, fewer and fewer people are running their nodes, and services of EOS data and wallets are fewer and fewer, and eventually, EOS will be crushed.

Tracy Chen

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Link: YANG Haipo: Decentralized Storage Such As IPFS Is Fake Requirement   [Copy]
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