Benet: Storing petabytes on AWS S3 is prohibitively expensive
Juan Benet · a16z Podcast | Trends in Cryptocurrencies · Jan 2, 2019 · at 2:40
Juan Benet, founder and CEO of Protocol Labs (creator of Filecoin), discusses the high operational costs of centralized cloud infrastructure like AWS S3 during a panel at the 2017 a16z Summit.
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“One is, these things in volume are not actually free, so if you try to store hundreds of terabytes or petabytes in Amazon S III, you're gonna have a bad time. Just thinking about the bandwidth alone, ah, if you actually want to access all that data, it's gonna be very, very expensive.”
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