Decentralized Cloud Storage and Data Security

Unlock the potential of data storage with blockchain technology: Secure, Transparent, and Reliable. miniOrange Blockchain data storage is a distributed system for securely storing and sharing digital data using blockchain technology. It allows users to store data securely with no central authority and provides a trustless system for verifying data integrity. The data is distributed across multiple nodes and stored in an immutable form, making it resistant to tampering and ensuring its accuracy.

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What is Blockchain Cloud Storage ?

Blockchain technology is based on peer-to-peer networking. With this technology, anyone can join the network, and there is no central authority to manage it. It is run by miners. Each blockchain, each block, stores transaction data, its hash code, and the previous block's hash code. As a result, whenever a new block is created, it is validated by the majority of peers or miners on that network. The blockchain data storage application is used to create a secure, tamper-proof ledger of data stored in the cloud. By using blockchain technology, data is distributed across multiple nodes, which increases the security and reliability of the cloud storage network.

People misinterpret Blockchain’s capabilities

Many people misunderstand or misinterpret blockchain data storage or blockchain cloud storage capabilities. For example, they assume that programmable blockchains, such as Ethereum, can be used to store any type of data. That, however, is not the case. After all, during peak traffic periods, you may have already experienced network congestion and high transaction fees. Most current blockchain data storage or blockchain cloud storage application are simply not designed to store larger files; it is both technically and financially impossible. However, every NFT project, Web3 game, or other dapp (decentralized application) deals with a large amount of data.

Features Of Our Decentralized Blockchain Data Storage Solution

Security

Without a doubt, the most important aspect of the data storage system is security. With miniOrange decentralized blockchain data storage, each user has access to the data via private keys, making it difficult for others who do not have the key to access any file.

Immutability

In a Decentralized Blockchain data storage network, there is no concept of a central authority that restricts file access. As a result, no file can be tampered with. In addition, the hash of the file is stored in the ledger.

decentralized data storage or blockchain data storage / blockchain cloud storage - cost effective

Cost-effective solution

The first advantage of decentralized blockchain data storage is that it is less expensive than traditional cloud storage. The use of stored data in a decentralized blockchain eliminates the need for third-party involvement in the process.

decentralized data storage or blockchain data storage / blockchain cloud storage - tamper resistent transaction

Verified and tamper-resistant transactions

The most important benefit of using decentralized blockchain data storage is that it makes all transactions more immutable, verifiable, and tamper-proof. Because no centralized power controls your files, all transactions are immutable.

Need of Decentralized Blockchain Data Storage?

The traditional method of data storage is cloud storage. The most significant disadvantage of cloud storage is that all data is centralized and is typically not encrypted during transactions. Data is the most important entity and storing, processing, and analyzing data is a major task. As a result, decentralized data storage or decentralized cloud storage is required. Some of the reasons why blockchain is required for data storage are as follows:
Decentralization: Because blockchain is decentralized, there is no single central entity governing data-related decisions.
Security: Because there are multiple nodes in the network with the same copy of data, any hacker would have to change data on the majority of nodes on the network to make the change appear legitimate.

Some of the problems faced with Centralized Data Storage

Privacy

Centralized data storage exposes data to privacy leaks and data breaches. The management can control, monitor, censor, or provide data to third parties; the stored data could be lost or modified.

Security

Centralized data storage servers gather in one or several places to reduce costs, and on the occasion of a power interruption or other malfunction, many related services often fail or even have the danger of losing the data forever.

Cost

The costs of centralized storage are extremely high, these include employee salaries, accounting expenses, legal charges, administration duties, and data center rents.

Decentralization

Centralized cloud storage is the hub of stored files, data, and databases administered within computing servers over a network.

Stability

Centralized cloud storage platforms do their best to provide stable performance, but most cloud providers’ achievements are regularly problematic due to sharing physical resources, such as network, memory, disk, and CPUs, with many different users and requirements, and 100% uptime can not be guaranteed.

Speed

File transfer speeds are critical to centralized cloud storage, especially when dealing with large files. Even though there are limitations of centralized cloud storage, it still has considerably faster speeds than the current decentralized data storage platforms.