Why Market.space works with professionals

Market.space
3 min readFeb 26, 2018

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Even if decentralized data storage doesn’t topple down the good old Amazon and Dropbox, the future is definitely bright for it. The concept behind the known decentralized storage solutions is pretty simple: those who have unused disc space are offered to rent it to those who don’t. Backed by blockchain technology, such systems prove to be cheaper, faster, and surveillance-resistant.

What sets Market.space apart then? We don’t preach the almighty data redundancy. It’s a good way to bolster reliability, but not the best one as long as the data is distributed among common users with average consumer devices and no incentive to provide quality service but for the fee they earn. So the risks of data loss persist.

Market.space engages professional hosting providers only. They take the need for redundancy and backups as a regular part of their job. They’re also ready to bear full responsibility for the service provided, and the commitment is guaranteed by insurance deposits.

Hard fact #1: professional equipment is far more energy efficient and cost-effective than consumer devices. To compare the figures, we’ve taken a brand new PC with 4 HDDs (the maximum number possible for a PC) and an average hosting server with 12 HDDs (although the number of HDDs may reach up to 30 in this case). The figures below were calculated for a PC working 24/7 for a month. This load is typically expected in a distributed storage network although it’s hardly feasible for ordinary PCs.

Moreover, an owner of a consumer device relies on a singular Internet service provider (ISP). Hosting providers work with several ISPs to avoid downtime. Consequently, a PC owner depends on the maintenances on the side of their ISP, which does not affect market professionals.

Another question is why the market professional hosts would be interested in prices low enough to beat up the decentralized competitors.

The reality is that hosting providers always have unused capacities in abundance. Some of these capacities may be considered outdated, but perfectly suit for data storage. Here processing power makes no difference, it’s only capacity that matters.

With Market.space, hosting providers can earn on otherwise useless equipment. Here you’re highly likely to meet a well-known hosting provider offering an X times lower price.

Our vision is that professional service should be within everyone’s reach. Therefore Market.space system is designed as a marketplace where an unlimited number of hosts compete for customers’ requests, which eventually reduces the price as low as possible.

Thus Market.space offers a multilaterally beneficial system where hosts thrive on leasing unused capacities while customers enjoy supersafe and affordable storage. For data storage, the processing power makes no difference, it’s only capacity that matters.

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Market.space

Market.space is a decentralized self-regulatory system for data storage, transmission and direct content distribution.