Facebook PixelPay-per-upload blockchain that stores your important files for a lifetime
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Pay-per-upload blockchain that stores your important files for a lifetime

Image credit: Santander global tech

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Darko Savic
Darko Savic Sep 08, 2021
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I imagine something like a hybrid of InterPlanetary file system and Ethereum blockchain, where you pay a fee to upload a file that is then kept safe for 120 years in a distributed filesystem. Basically a lifetime insurance policy for your data.

You would store your most important photos, video clips, favorite songs, books, quotes, pieces of wisdom, whatever piece of data you want to keep forever.

The upload fee guarantees 120 years of safe storage and is distributed over time to people who host the nodes/files on their networks.

The fee calculation is based on an algorithm that takes into account various parameters such as future energy and hardware price projections, etc.

The files can only be accessed if you know the 24-word seed phrase (elaborate password). Memorize the words, tattoo them on your body, carve them in stone, engrave them somewhere - whatever you need to do to keep them forever.

The hosting nodes

People would be incentivized to keep the nodes going because 120 years worth of payment is already deposited. The market would determine the size of the network. The more there are file uploaders, the more there would be nodes.

Backups

The encrypted data would spread over the entire network so that every bit is kept safe even if half the network goes down. There could be several libraries that keep the entire blockchain history on disks in warehouses - for recovery if something goes catastrophically wrong.

To protect the file hosting nodes from excessive bandwidth use there could be a micro fee per download.
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General comments

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Samuel Bello
Samuel Bello3 months ago
Google drive can already keep the user's files so that they can access them indefinitely. The payment system is not per upload or download. Instead, the payment plans let users pay for certain sizes of memory on the cloud. The platform gives a free 15 gigabyte memory space which is enough to save the most important details of a person's life like documents, notes, and a reasonable number of pictures. Users who need more than 15 gigabytes of memory are charged for the additional space that they use on a monthly/yearly basis.

I think one thing that can be adopted from this session by the existing memory subscription system is that they can charge per upload/download when some users need much more bandwidth than the average user.
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Darko Savic
Darko Savic3 months ago
Samuel Bello People might not feel comfortable sharing all their most important files with google
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Samuel Bello
Samuel Bello3 months ago
Darko Savic If they will not share their personal information with google then who would they share it with and why?
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Darko Savic
Darko Savic3 months ago
Samuel Bello The encryption solution described in the above idea makes it possible for ANYONE to host your files without being able to read their content. Google wouldn't accept that.
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