![]() ![]() Get exclusive access to Google experts for help with all of Google’s products and services.Get extra protection for your phone with a VPN that encrypts your online activity and helps keep your personal information safe.Get as much storage as you need for your memories, projects and digital files.Upgrade to a Google One membership to get even more: See your storage across Google Drive, Gmail, Google Photos, and easily free up space within the app with the storage manager.If you break, lose or upgrade your phone, you can have the peace of mind of knowing the stuff you care about is safe on the cloud. Back up the important things on your phone, like photos, contacts and messages using the 15 GB of storage that comes with a Google account.Please don’t shoot the messenger, I have no expertise in pro business storage, I just watch some tech news from time to time.The Google One app lets you back up your phone and manage your Google account storage. It is common for a magnetic tape data storage cartridge to have the capacity to store six terabytes of data at a third of the cost it would take to do so with a comparable hard drive that etches data into a disk or cells in a solid state drive. "Modern companies use tape to store their data when they need high-capacity data storage methods that offer high performance at a low cost. Discover how to reduce your storage costs, simplify data management and enhance security and compliance.” “The IBM TS2280 Tape Drive uses next-generation LTO Ultrium 8 cartridges to store up to 30 TB of compressed data per cartridge – twice the capacity of previous generations – with a ten-year TCO for data retention that is 86% lower than an all-disk solution and 66% lower than an all-cloud storage solution. Might be of importance to mention that big server/cloud companies have access to different hardware than the consumer market, which might give an unfair competitive advantage. I would think in human nature that the $$$ amount to store when SNT is 10$ would end up reasonably close to the $$$ amount to store when SNT was only 2$ Thus the effect is for a new base for store cost (SNT) to be made. At that point we reach a new much lower steady state for Store cost (SNT) to buy resources and rewards for farming. this causes a cycling until people slow buying extra resources since they run out of things to upload.more farmers come on line and with the 2$ to 10$ base price increase a lot more farmers come online.(SNT reward amt increases and the 2$->10$) farming rewards in SNT and $$$ rise dramatically.network storage begins to become more scarce.This is an overall effect, some humans won’t but others store as much as their wallets allow. When the price rises from 2$ to 10$ people find they can buy more resources per $ and then do so. ![]() Now if cost $$$ of SNT is 10$ the change is only in the base SNT that the network will be using. Thus the $$$ cost to store comes back to around what it was before.network sees this and space no longer as scarce.people add more Nodes/space to get rewards.Scare resources increase network payout (SNT) for rewards.people buying SNT for buying resources reduce their slowing.people with SNT slow buying resources.people slow buying SNT for buying resources.spare storage starts to be scarce then the network raises store cost (Higher SNT to store).And from there the 2 interrelated negative feedback loops bring back the pricing to the “base price” when major jumps in price OR storage occurs.įor example the “base” price of SNT is determined to be 2$ then if The base price will be determined somewhat by speculation together with what the market will bear. It can stretch but the further it is stretched the strong the pull to bring it back to reality (base price). You can think of it as a rubber band control. While in some cases the trend will seem to be not followed, the negative feedback will bring it back into control. This is a negative feedback loop system using human nature. When farming rewards decrease (higher spare space) overall humans will remove some storage space When farming rewards increase (lower spare space), overall humans will add storage resources. humans with tokens already will also slow down purchasing resources.humans who buy tokens to upload will slow purchasing when price ($$$) is high.What I’m confused about is will the store cost/farming reward inform the fiat value of Safe Network Token or will the fiat cost of storage inform the store cost/farming rewards? ![]()
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