►
From YouTube: A Day in the Life of a Filecoin Storage Provider
Description
What's it like for the Filecoin storage provider? You'll get a firsthand look from around the world in this session.
A
All
right
welcome
everyone
to
another
session
on
at
orbit.
This
week
we
have
an
amazing
session
lined
up
for
you.
Today
we
have
three
storage
providers
that
will
participate
in
a
panel
session
on
what
it
takes
to
be
a
storage
provider.
We'll
address
a
couple
of
topics
that
is
that
are
on
most
of
the
storage
providers
minds
these
days,
but
first
before
we
start
it
would
be
good
to
see
what
happened
in
the
last
year.
A
B
Okay,
so
this
is
a
visualization
I
made
as
part
of
my
provider
quest
project,
and
it's
I
play
here
and
this
is
showing
a
year's
worth
of
power
growth
from
the
storage
providers,
and
this
video
runs
for
90
seconds.
The
red
providers
are
the
the
new
ones
and
after
three
months
as
they
grow
and
grow
and
grow,
I
I
show
them
in
yellow
here.
B
C
B
C
B
Thing
to
note
here
is:
I
might
I
don't
know
where
the
clients
are,
so
I
just
sort
of
randomly
allocated
them
around
the
world
and
yellow
is
follow
queen
plus
deals
and
blue
is
regular
deals
and
the
the
thickness
of
the
lines
are
the
size
of
the
the
file
or
the
deal,
and
each
each
little.
One
is
a
separate
deal.
B
A
A
All
right
great
overview
and
thank
you
so
much
so
definitely
the
first
graph
very
visual,
very
in
the
second
two,
but
you
know
to
see
the
the
growth
of
storage
providers
coming
from
the
east
to
the
west
and
now
definitely
accelerating
not
just
in
growth,
but
also
in
taking
deals
and
actually
storing
useful
data
on
the
network,
which
is
fantastic.
So
today,
who
do
we
have
with
us?
We
have
with
us
julianne
noel
from
france.
We
have
jonathan
hooker
from
australia
and
simon
campbell
from
the
us.
A
A
The
goal
of
today's
session
is
really
just
to
talk
a
little
bit
more
casually
about
what
the
topics
are
that
are
on
storage
providers
minds.
So,
first
and
foremost,
let's
talk
about
maybe
pricing
julian,
what's
interesting
about
what
I
think
is
interesting
about
your
business.
Is
that
you're?
Not
just
a
storage
provider?
You
know
storing
data
but
you're,
also
a
software
provider.
A
One
of
the
things
that
you've
identified
in
the
last
couple
months
is
that
there
was
sort
of
a
gap
or
you
know
there
was
tooling
required
for
storage
providers
to
set
the
price
right.
As
we
just
saw
this,
you
have
the
verified,
deals
or
regular.
Sorry,
the
verified
deals
are
falcon,
plus
deals
and
the
unverified
deals.
So
can
you
tell
us
a
bit
more
about
why
you
built
that
tool
and
how
it
helps
other
storage
providers
in
setting
that
price.
D
I
did
nothing.
Okay,
I
was
just
saying
yeah.
Thank
you.
That's
a
lot
of
question
actually
so
just
a
bit
of
background
just
just
to
explain
why
I
built
that
solution,
so
I
did
that
in
quitecoin,
because
actually
I
was
amazed
by
the
beauty
of
ipfs
and
the
underlay,
which
is
the
underlying
protocol
of
firecoin
and
the
vision.
D
So
when
I
started
to
to
be
to
join
the
community,
that
was
as
a
miner
and
monitoring
a
five
coin,
miner
was
not
an
easy
task,
so
it's
basically
you
spend
day
watching
a
screen
and
and
night.
So
I
I
didn't
want
to
stay
behind
my
pc
all
the
time,
so
I
decided
just
to
create
a
real-time
graphical
interface
with
the
community
and
and
now
this
interface
is
used
by
more
than
400
miners
and
I
really
enjoy
like
building
this
tool
with
the
community.
D
So
this
is
where
I
started
to
have
the
idea
just
to
build
another
tool
for
the
next
challenge
that
came
to
us,
which
was
the
storage
tips.
So
actually,
when
you
start
to
enable
storage
deals,
you
face
a
lot
of
things.
The
first
thing
is
like
it's
very
time
consuming
and
lotus
actually
is
not
designed
to
handle
a
variety
of
clients
with
different
pricing
and
and
different
type
of
deals.
So
what
that's?
D
People
know
that
you
want
to
accept
these,
and
then
you
need
to
connect
to
broadcast
platforms,
so
they
they
can
send
this
to
you,
and
also
you
need
to
keep
take
care
of
your
reputation,
because
actually
you
are
not
just
committing
capacity
now
you
have
a
relationship
with
clients,
so
it's
less
predictable
that
just
committing
capacity,
but
actually,
if
it's
well
managed
it
drastically
increase
the
power
growth
with
exactly
the
same
hardware.
So
that's
a
good
point,
and
also
that's
the
finality
of
the
of
the
protocol.
D
It's
to
store
data
not
just
to
commit
capacity.
So
when
actually,
what
we
design
with
cid
gravity,
is
we
design
a
product
to
provide
through
a
very
simple
web
interface,
a
way
for
my
storage
providers
to
manage
their
deal
flow?
So
they
can
set
pricing
very
granular
per
client
per
size
and
so
on.
They
also
can
protect
their
miners
by
setting
some
deal
rate
limits
or
block
specific
clients
or
go
to
maintenance
mods,
so
they
don't
receive
deals
during
their
maintenance
and
they
automatically
inform
the
brokers.
D
So
you
keep
your
higher
reputation
because
they're
not
sending
this
to
you
because
they
know
that
at
that
time
you
are
not
expecting
this,
and
so
we
integrate
the
large
focus
and
actually,
when
they
use
uca
the
gravity
you
can
directly
receive
deals
from
the
broadcast.
You
don't
have
to
to
keep.
So
that's
the
the
main
idea
behind
id
gravity
is
just
to
reduce
the
time
you
spend
via
in
your
pc,
just
to
accept
this
and
get
a
very
huge
increase
of
your
of
your
your
power.
A
D
Hearing
right,
you
get
a
new
client
and
you
deal
with
him
and
you
want
some
specific
price.
You
just
go
back
to
the
interface
set,
the
price
for
that
specific
client
and
done,
and
then
you
can
just
look
at
your
report
and
and
do
something
else.
Yes,
that's
really
the
idea,
and
we
do
that
like
we
are
not
in
the
middle
between
the
clients
and
the
storage
providers.
They
are
still
dealing
directly
together.
A
Fantastic
awesome.
No.
This
is
a
perfect
example
of
how
we
can
help
make
it
easier
for
customers
to
store
data,
also
providers
to
accept
deals,
which
is
what
we
want
to
here
and,
as
you
can
see,
I
mean
this
is
a
perfect
example
again
of
evolution
and
innovation
that
happens
within
the
storage
provider
ecosystem
itself,
maybe
shifting
gears
a
little
bit
jonathan
jonathan
you're,
calling
us
from
australia
you're.
A
Obviously,
when
I
looked
at
the
map,
I
saw
one
point:
a
big
thought
in
australia,
and
my
assumption
is
that
it's
one
of
your
fault
point
systems.
You
have
recently
been
accept
it
as
a
notary,
so
you're
part
of
the
notaries.
Now
and
earlier
on
this
year,
we
we
rolled
out
falkland
plus
right.
We
saw
the
map
of
deals
of
falcon
plus
that
jim
showed
us.
C
Yeah
sure
so
stefan
thanks
for
inviting
me
today
so
there's
some
great
speakers.
Let
me
give
you
a
a
quick
background
about
holland
and
the
three
divisions
that
will
bring
clarity
to
that
question.
So
we've
got
hold
on
global
investments,
which
is,
which
is
the
asset
management
side
of
the
business
that
has
an
afsl,
which
is
our
notary
position.
C
We
have
hold
on
innovations,
which
is
the
storage
provider.
We
invest
in
web3
infrastructure
and
we
also
have
vc
arm.
We
they
invest
in
next
generation
businesses,
so
how
clients
and
storage
providers
work
together,
gives
notaries
confidence
in
their
file
coin
application
and
it
will
energize
notaries
and
the
ecosystem
to
support
their
vision.
Long
term.
C
If
I
break
this
down
how
we
do
it
at
hold
on
as
a
storage
provider
on
the
hold
on
innovation
side
of
the
business,
we
need
to
find
a
client
that
that
wants
to
be
a
web
3
enthusiast,
and
that
wants
to
go
on
this
epic
journey
right.
We
need
a
client
that
wants
to
be
part
of
the
movement
and
we're
about
to
run
a
proof
of
concept
with
rmit
the
royal
melbourne
institute
technology.
C
C
How
does
that
look
for
their
professors
for
this
new
data
storage
solution
and
how
do
they
ultimately
use
this
new
data
storage
solution?
So
as
a
storage
provider,
when
you
build
this
great
rapport
with
clients,
it
really
comes
through
in
their
file
coin,
plus
application
and
energizes
energizes
the
ecosystem
right
and
it
kind
of
like
this
news-
travels
through
the
ecosystem
really
fast,
and
at
this
moment
in
the
life
cycle
of
the
network,
passion
and
energy
is
everything
right.
A
That's
awesome,
passion
and
energy
is
everything
I
love
that
so
talking
about
business
right.
Basically,
if
you're
building
a
file,
coin
system
or
you're
running
a
falcon
system,
it's
more
than
just
running
it
for
block
rewards
right.
All
of
us
are,
as
you
said,
we're
looking
for
people
that
are
aligned
with
our
mission,
clients
that
are
aligned
with
our
mission,
and
maybe
it's
a
good
question
for
for
simon.
You
have
a
lot
of
experience
in
helping
startups
and
incubating
new
technologies,
so
you're
running
a
falcon
system,
you're
running
a
business
right.
A
E
Yeah,
it's
it's
interesting.
So,
as
you
said,
stefan
my
background
has
been
in
starting
technology
businesses
and
then
moving
across
onto
that
half
and
half
where
I
was
helping
to
scale
technology
startups
and
what's
super
interesting,
though
you
know
dsm
in
partnership
with
dltx,
is
now
building
a
really
large
kind
of
files,
sign
storage
elements,
and
when
we
think
about
how
that's
going
to
succeed,
you
know
our
success
is
100
aligned
with
that
of
protocol
labs
in
the
entire
ecosystem.
E
So,
from
our
perspective,
I
always
think
about
the
the
end
goal
of
the
customer.
So
a
lot
of
what
jonathan
is
talking
about
is
is
really
resonating.
You've
got
to
understand
that
a
successful
ecosystem
has
customers
that
are
happy
and
you're,
providing
solutions
that
they
need,
and
so
in
the
middle
of
that
you've
got
applications.
E
E
So,
as
a
storage
provider,
yes
we're
providing
storage
to
the
ecosystem,
but
the
best
thing
we
can
do
is
to
engage
with
the
textiles
filecoin
accelerator,
the
tachyon
guys
get
engaged
with
the
startups
of
the
building
applications
and
then
provide
them
with
two
things.
Yes,
investment
in
capsule
is
great,
but
in
reality,
how
do
we
help
them
to
interface
with
customers?
How
do
we
help
them
to
bring
customers
on
board
and
to
really
test
their
applications
and
make
sure
that
it's
market
you
know,
has
product
market
fit?
So
I
would
say
that
it's
more
valuable.
E
A
All
right,
great
great
great
answer.
I
totally
agree
with
you.
I
mean
today
it's
like
you're,
building
a
solution,
right
you're,
offering
solutions
to
end
customers,
and
so
you
know
that
solution
is
a
combination
of
you
know,
falcon
plus
something
else
that
truly
brings
value
to
the
end
user.
Now
what
use
cases
and
and
verticals
are
there
any
verticals
that
stand
out
in
use
cases
where
you
go
like
okay?
Well,
that
is
sort
of
like
a
good
entry
level
or
a
focus
area
right
now.
That
providers
should
focus
on.
E
Yeah,
I
think,
there's
there's
two
parts
of
this
there's
kind
of
today
and
then
there's
tomorrow
right
so
today,
obviously
there's
a
really
strong
business
proposition
for
archive
storage
data
and
startups
themselves.
So
obviously
there's
a
lot
of
startups
building
on
top
of
on
top
of
the
different
protocols,
on
top
of
blockchain
protocols
and
they're,
going
to
be
the
most
innovative
kind
of
early
adopters.
But
then
you've
got
a
lot
of
archive
storage
data,
whether
it's
think
of
the
the
kind
of
the
google
earth
type
models.
E
You've
got
universities,
you've
got
medical
facilities
that
just
have
to
store
data
in
high
high
volumes
and
and
and
kind
of
have
it
sat
there
as
data
sets,
I
think,
what's
super
exciting
kind
of
coming
next.
Is
this
compute
over
file
coin
space?
Right
when
you
start
to
say
how
do
you
enable
things
like
ai
algorithms
to
engage
with
large
data
sets?
A
Yeah
piece
totally
agree.
I
think
a
lot
of
our
conversations
today,
actually
with
enterprise
customers
or
research
institutes,
are
exactly
you
know
focused
on
that
particular
aspect
and
that's
the
the
lack
of
funding
for
storing
you
know
large
unstructured
data
sets
because
there's
just
no
budget
for
because
there
is
no
technology
that
will
support.
A
You
know
the
way
they
want
to
store
it
and
the
way
they
want
to
preserve
it,
and
so
you
know,
as
you
can
see
today,
what
we're
seeing
is
a
lot
of
our
customers,
storing
data
on
valcoin
or
looking
to
store
data
in
falcon
or
looking
at
three
to
five
cops
right
and
so
that
that's
very
unique
in
the
sense
that
you
can
distribute
it
and
so
with
any
use
case.
Any
enterprise,
client
com
or
open
open
data
set
that
comes
onto
the
file
code
network.
A
You
automatically
see
you
know
multiple
storage
providers
benefiting
from
that,
so
I
would
assume
that
you
know
this
is
a.
I
mean
I've
seen
the
community
to
be
extremely
collaborative
and
and
very
strong
and
like
making
this
work
together.
So
would
you
agree
with
that?
Simon
that
you
know
it's
a
very
strong
community
and
you're
building
relationships
within
the
community
that
helped
us
build
the
network
together.
E
Yeah,
I
think
you
know
traditionally,
if
you
look
at
any
large
technology,
you
would
say
in
the
past
platform
and
now
protocol
right,
it's
it
is
an
ecosystem
plan.
Collaboration
is
learning
from
a
storage
provider's
perspective,
you're,
never
going
to
be
the
single
storage
provider
that
serves
everyone
right.
You
need
to
be
able
to
have
multiple
locations,
backups
and
and
through
collaboration.
You
learn
and
push
to
push
the
whole
business
forward.
E
You
know,
there's
a
constant
feedback
loop
with,
obviously
with
protocol
labs
with
the
the
underlying
technology
lotus
technology
and
then
what
we're
doing
is
interfacing.
You
know
julian's
a
great
example
of
this.
Where
he's
sitting
there
as
a
storage
provider
saying
I
have
a
need
and
therefore,
if
I
have
this
need,
I
think
some
other
guys
are
going
to
have
this
need,
and
so
then
you
can
collaborate
and
say
we're
talking
to
julian,
not
just
kind
of
on
investing
but
also
saying,
okay,
how
do
we
help
thinking
about
different
user
journeys
right?
E
What
are
the
next
parts
of
the
of
the
platform?
What
are
the
things
that
will
be
the
next
two
or
three
development
cycles
that
will
enable
us,
as
storage
providers,
to
do
even
more
but
also
through
to
the
customer.
You
know
at
the
end,
so
getting
getting
engaged
with
customers
in
the
ecosystem
is,
and
this
energy
that
jonathan
talks
about
right.
A
Yep,
okay,
well,
we'll
go
to
the
next
question,
so
maybe
let's
shift
gears
a
little
bit
the
you
know.
We
have
like
three
three,
three
thousand
three
hundred
storage
providers
right
now.
It's
amazing
right.
Every
day
we're
growing
five
to
ten
new
storage
suppliers
are
coming
on
board.
You
saw
sort
of
the
introduction
I
mean
I
want
to
see
next
year.
Let
that
whole
map
be
actually
yellow
as
much
as
we
can.
A
A
You
know
a
service
you're,
providing
a
service
to
your
customers,
and
so
I
believe
that
it's
my
belief
that
we're
kind
of
building
you
know
these
new
levels
of
of
infrastructure
infrastructure
as
a
service
that
are
built
on
multiple,
blockchains
and
and
falcon
is
sort
of
like
the
foundation
or
a
very
foundational
piece
of
that.
That
sort
of
lays
the
foundation
for
fully
decentralized
data
center,
and
so
you
kind
of
I
think,
simon,
you
kind
of
mentioned
it
right.
You
already
mentioned
the
compute
side
and
so
we'd
love
to
get
johnson.
A
Maybe
you
can
take
this
question,
but
I'd
also
like
to
hear
from
julia
and
simon
on
this,
but
where
do
you
think
the
next
two
years?
What
do
you
think
the
next
three
years
for
three
years
will
look
like,
for
you
know
our
storage
provider
network
and
do
you
kind
of
agree
with
that?
You
know
approach
of
you
know
us
building
a
decentralized
data,
yeah.
C
Definitely
if
I
think,
if
self-sovereign
data
takes
off
and
ipfs
file
coin
and
dow
structures
come
to
fruition.
As
I
expect
I
think,
file
coin,
I
think
we
could
see
file
file
coin
being
the
world's
database,
which
is
a
big
call
right,
but
this
will
have
a
significant
impact
on
the
world.
I
went
through
my
own
last
pass
the
other
day
and
I
counted
25
sites
that
have
my
home
address
right
in
web
3.
You
know
where
they
keep
all
my
data
and
they're.
Storing
it.
C
Those
25
25
platforms
have
three
redundant
copies.
That's
34,
000
bytes
of
information
on
one
data
point
right
in
web
3,
where
I
own
and
control
my
own
data,
and
I
decide
to
have
three
redundant
copies
of
where
I
store
it.
That's
300,
bytes
of
information,
that's
a
25
x
reduction
in
the
power
and
physical
hardware
needed
to
stall
that
data
point,
and
I
get
ownership
and
control
over
that
data
right.
That
model
will
be
a
massive
impact
for
the
world
citizens
and,
if
I
think,
we're
an
investment
firm.
A
Yeah,
all
of
us
definitely
now
that
we
have
more
than
12
extra
epibites
sorry
sitting
out
there.
It's
amazing,
like,
as
you
mentioned
right,
there's
an
explosion
of
data
happening.
It's
been
happening
for
a
while,
but
it's
only
accelerating
and
it's
up
to
us
to
kind
of
convince
the
world
that
you
know
decentralized,
storage,
architectures
are
the
way
to
go,
and
alcorn
is
the
foundation
for
that.
So
thank
you,
john
for
driving
that
julian
or
simon
any
other
comments
on
where
you,
where
you
see
the
three
years.
D
Yeah,
so
yes,
so
there
is
this
number
that
said
that
by
2025
there
will
be
175
gigabytes
of
data
that
are
going
to
be
produced
and
the
cloud
can
only
handle
five
percent
of
it,
and
I
actually
that
means
that
that's
a
huge,
huge
opportunity
for
us
and
we
bring
a
lot
of
value
on
that.
So
I
mean
this
is
the
centralization.
This
is
control
over
the
data.
E
Yeah
my
build
on
that
is,
it's
there's
a
lot
of
innovation
and
build
that
comes
on
top
of
having
a
huge
amount
of
decentralized,
unstructured
data
right.
There's.
How
do
you
structure
the
unstructured?
How
do
you
make
it
usable?
How
do
you
provide
that
end
service?
In
many
cases,
a
service
that
meets
the
requirements
of
new
technologies
and
new
customers,
and
so
that's
the
opportunity
for
file
crane?
A
Awesome-
and
with
that,
I
I
couldn't
have
said
it
any
better
than
than
you,
simon,
so
great
great
tagline.
Thank
you
all
for
joining
today.
I
know
we're
at
the
hour
here,
but
I
really
appreciate
it
hope
to
see
you
again
next
year
and
with
an
updated
map,
but
a
ton
of
more
use
cases
and
a
ton
more
growth
in
the
network,
so
appreciate
everyone
joining
and
we'll
see
you
in
the
next
session.