Interesting RVN use case on Ravencoinipfs.com
Bonne kawpow everyone!
In today's RVN signals I have found this wonderful example of correct use case for RVN.
Peoples behind this project has a fantastic vision how crypto should work as an good asset which will give users true value by creating digital fingerprint of files in exact point in time.
I'm farming XCH and mining RVN on my rigs and are just wonder how much more I can benefit of correct use of my HDDs other than just farming Chia.
Guys here have created a business case where You can rent space for RVNs. Price for 10GB is 25RVN/month which is about 1,6USD. 25RVN is a daily minable on 2x R280x or 1x RX Vega, so the price is acceptable, but it's a place where You can spend Your coins, so in my opinion it's even more preferable, than paying using fiat.
So let's change that to Chia farm. Small farm with 8x16TB is in reality 112TB after RAID and 104308GB after FS overhead. So we have 1043,08 *10GB slots, each for 25RVN which is 26077 RVN every month. So potentially 8x16HDDs can bring ~1700USD income.
DataCenter 2U space unit is about 25USD, server cluster (dual for HA) capable of running such service is around 30k USD. Assuming full space use whole project should paid back before second year of use, and bring around 15K USD for each 100TiB of space. In reality I really wish guys 100% space occupation, and a quick need to add additional servers and geo locations for their project.
This kind of blockchain signed file system with point in time verification is exactly a thing for what crypto such like RVN was designed for.
Where can it be used: 1) every single company for contract/documents/letters exchange 2) governments – for public and internal file signing 3) media – for proof of censorship 4) China – for proof that files are not changed in any way 5) by every RVN miner/user
"RavencoinIPFS.com
Add any files to IPFS with drag-and-drop.
Want them to store more files for longer. Use RVN to have them pinned.
submitted by /u/vladi84
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