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In evaluating the differences between blockchain storage and cloud storage, it is necessary to explain that blockchain storage provides the users with the platform to store information on a network of peers. However, cloud storage takes the users data and divides it into tiny bits.

Therefore, some companies like Sia, Amazon, and Storj establish networks that enable users to pay meager amounts in order to store data on extra space on their devices.

Blockchain storage utilizes extra spaces on devices. This, therefore, differentiates it from the traditional cloud that experiences constant overheads. In addition, the pricing plans are very flexible.

Another contrasting feature between blockchain storage and cloud storage is that unlike cloud storage services, such as Google Drive (which is known to store all files, including deleted files in the system), decentralized blockchain data files are segmented and passed for distribution across numerous nodes

Furthermore, cloud storage has been structured to provide the user with control of data as it stored in a remote setting that is under the management of cloud service providers.

However, with blockchain storage, the users data is totally decentralized. This is because it has been designed to store data across several nodes all over the world.

Another difference is that blockchain storage technology optimizes the preexisting servers. These decentralized systems do not need significant investment. This helps to save money for both the business and end-users.

Also, every time a fresh transaction takes place, the blockchain is verified in the system. This happens before the transaction is recorded as the next block on the chain.

Unlike cloud storage, it is however not practical to store large pieces of data in a blockchain. This is why certain blockchain storage technology providers only send hashes across the nodes of distribution.

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What Is Blockchain Storage and How Does It Work - TechFunnel