DropBox Or DxBox?
However, Blockchain solutions to modern cloud service is centered upon harnessing the strength of modern storage architecture as well as removing the barriers basically in the areas of security and privacy. Another benefit of blockchain solution is the reward part - blending its ability in rendering the financial technology with digital world to make for reduction in the cost of operating modern cloud service(s) inclusive of many other benefits as may be considered.
Recently, I have been engaged in a forum discussion on Bitcointalk which I started primarily to general impressions about Blockchain solution for storage service.
What Is DropBox?
When users upload their data to the cloud, it will first arrive at the master control data server, which serves as the brain of the system. Data will then be transmitted to various data centers and multiple copies of data will be made in case one copy gets destroyed. Once the data is uploaded, the safety of them will be completely depended on the safety of the data centers. If data centers got damaged due to the natural disaster or human mistake, data may completely be erased. Google has once encountered this issue. In 2015, its data center located in Belgium was struck by lightning four times and caused permanent data loss. Besides the concerns regarding data safety, centralization and lack of data encryption are other issues existed in modern cloud storage systems. Most cloud storage services only provide data encryption during transmission using SSL/TLS encryption mechanism, which is vulnerable to attack. In addition, due to centralization, the server administrators also have direct access to data stored on the server. Even though most companies have strict policies on protecting users’ privacy, as long as human beings are involved, there is a risk on the data breach.
What Is DxBox?
DxBox is a demo application builds on top of DxChain Testnet v0.3.6. It serves as an interface which simplifies the process for users on file uploading and downloading. The application uses the client-provider model for data transferring, where the client is a node that uses DX Token, the DxChain cryptocurrency, for file storage, file uploading, and file downloading. Provider, on the other hand, is a node that provides storage services with disk space to get profits rewarded by the client. To become a provider, the node must make an announcement, which will be added to the blockchain. This is further explained in the article found here .