Sia’s David Vorick: Outcompeting Amazon Web Services, a $35B Revenue Giant
The Delphi Podcast20 Huhti 2020

Sia’s David Vorick: Outcompeting Amazon Web Services, a $35B Revenue Giant

Host Tom Shaughnessy talks to David Vorick, CEO, Co-Founder, and Lead Developer of Sia and Skynet. They discuss the benefits of a decentralized, free Internet, competing with Amazon Web Services, cloud storage pricing, security, privacy, and more.

Key Points:

  1. Open source programming encourages innovation.
  2. Sia gives users back control over their data and privacy.
  3. Just because a certain technology exists, does not mean it should be leveraged.

Episode Highlights:

  • Sia gives users a cloud experience without requiring users to commit to a cloud provider.
  • Now they have to make Sia competitive with AWS, because it isn’t enough to just make something decentralized, it has to also be competitive.
  • David is confident that their technology is superior and that they can reach a point where they have the momentum to overtake Amazon.
  • Sia held a hackathon where someone figured out how Sia could support livestreaming on its existing code, which developers had previously thought wasn’t easily doable, so something like that wouldn’t have happened in a centralized system.
  • Sia currently secures its data through encryption.
  • Traditional web apps store their data for their users on AWS, but in a decentralized model like this, users have complete control.
  • Users pay for the bandwidth and the data themselves, so they aren’t losing money or revenue to a separate corporation hosting the data like you would on YouTube, for example.
  • David doesn’t like the current trend of platforms preemptively censoring or filtering content and thinks it leads to limiting good faith conversation on the internet.
  • Ultimately, users should have control over whether they opt into or out of filtering and censoring content for themselves.
  • Amazon Web Services charges about $20 per terabyte per month, which is roughly the same as simply buying a new hard drive every month. Sia, by comparison, charges $2 per terabyte per month.
  • The price of a Sia token is independent from the price of their storage.
  • Data on the Sia network naturally gravitates towards high-performing nodes.
  • Sia’s purpose is to be a technology that could be shut down or abandoned by David but still live on and still function.
  • They’re trying to get to a world where infrastructure is taken care of for content creators, and those users don’t need to rely on advertising and product placement to get paid.
  • High levels of tracking exist and corporations have access to these tools and this information, and we have no way of knowing whether they are using these dystopian tools responsibly.

Quotes

  • “We’ve seen with the open source world, when you open things up and allow tinkerers to mess around just because they have an idea, the amount of innovation you get substantially outpaces anything that a single centralized entity or corporation could do.” –David Vorick

  • “I think that it should be possible to monetize without ads and it should just be automatic. If you create something that adds value to a bunch of people’s lives, you should automatically be paid for doing that without having to i

Jaksot(474)

BlockFi’s Zac Prince: Building A Fintech Platform For The Crypto Market

BlockFi’s Zac Prince: Building A Fintech Platform For The Crypto Market

Host Tom Shaughnessy of Delphi Digital (www.DelphiDigital.io) is joined by Zac Prince, The Co-Founder and CEO of BlockFi. BlockFi provides basic financial products in the blockchain ecosystem including high-interest crypto accounts and low cost credit products to clients globally.     Follow Tom on Twitter @Shaughnessy119 Follow Zac on Twitter @BlockFiZac    Disclosure: Tom Shaughnessy owns tokens in ETH, DCR, MKR, ZRX and HYDRO. This podcast is NOT investment advice and is only informational. Do not make investment decisions based upon this podcast. Delphi Digital was not compensated by any party for this podcast episode other than Podbean's advertisers. This content is strictly informational.  - Advertisers: To advertise on this podcast, email Tom@DelphiDigital.io Potential Guests: If you're interested in appearing on the podcast, email Tom@DelphiDigital.io  -

11 Maalis 201950min

Max Bronstein from Dharma: #DeFi and The Importance of Debt Markets In Crypto

Max Bronstein from Dharma: #DeFi and The Importance of Debt Markets In Crypto

Host Tom Shaughnessy of Delphi Digital (www.DelphiDigital.io) is joined by Max Bronstein of the Dharma Protocol. Dharma enables users to instantly borrow and lend crypto-assets in high volume. This is a two-part DeFi series, stay tuned for part 2 next week.    Follow Tom on Twitter @Shaughnessy119 Follow Max on Twitter @max_bronstein    Disclosure: Tom Shaughnessy owns tokens in ETH, DCR, MKR, ZRX and HYDRO. This podcast is NOT investment advice and is only informational. Do not make investment decisions based upon this podcast. Delphi Digital was not compensated by any party for this podcast episode other than Podbean's advertisers. This content is strictly informational.  - Advertisers: To advertise on this podcast, email Tom@DelphiDigital.io Potential Guests: If you're interested in appearing on the podcast, email Tom@DelphiDigital.io  -

1 Maalis 201957min

Crypto Roundtable: Tom Shaughnessy, Gregory Rocco, Tanner Hoban and Sam Corso

Crypto Roundtable: Tom Shaughnessy, Gregory Rocco, Tanner Hoban and Sam Corso

Host Tom Shaughnessy of Delphi Digital (www.DelphiDigital.io) is joined by Gregory Rocco of ConsenSys' Alpine group. Tanner Hoban of ConsenSys Digital securities and Sam Corso who runs Techsuite.io and is an advisor to Delphi digital.   Follow Tom on Twitter @Shaughnessy119 Follow Rocco on Twitter @Obstropolos  Follow Tanner on Twitter @tehoban1  Follow Sam on Twitter @samc621    Disclosure: Tom Shaughnessy owns tokens in ETH, DCR, MKR, ZRX and HYDRO. This podcast is NOT investment advice and is only informational. Do not make investment decisions based upon this podcast. Delphi Digital was not compensated by any party for this podcast episode other than Podbean's advertisers. This content is strictly informational.  - Advertisers: To advertise on this podcast, email Tom@DelphiDigital.io Potential Guests: If you're interested in appearing on the podcast, email Tom@DelphiDigital.io  -

25 Helmi 20191h 26min

Nathaniel Whittemore: The Storyteller Is King In The Land of Crypto Sentiment

Nathaniel Whittemore: The Storyteller Is King In The Land of Crypto Sentiment

Host Tom Shaughnessy of Delphi Digital (www.DelphiDigital.io) is joined by Nathaniel Whittemore Nathaniel is in my opinion not only the best story-teller in the space, but has the best ability at synthesizing down the intent and goal of projects into digestible and understandable words. If someone was explaining rocket science I would want it to be Nathaniel. Follow Tom on Twitter @Shaughnessy119 Follow Nathaniel on Twitter @nlw    Disclosure: Tom Shaughnessy owns tokens in ETH, DCR, MKR, ZRX, HYDRO, and GLA. This podcast is NOT investment advice and is only informational. Do not make investment decisions based upon this podcast. Delphi Digital was not compensated by any party for this podcast episode other than Podbean's advertisers. This content is strictly informational.  - Advertisers: To advertise on this podcast, email Tom@DelphiDigital.io Potential Guests: If you're interested in appearing on the podcast, email Tom@DelphiDigital.io  -

18 Helmi 20191h 10min

Jack Platts: Web3, Polkadot and The Promise Of Interoperability

Jack Platts: Web3, Polkadot and The Promise Of Interoperability

Host Tom Shaughnessy of 51percent Crypto Research (www.51pct.io) is joined by the Web3 Foundation's Jack Platts. Jack covers the Web3 foundation; and we focus the majority of the conversation on Polkadot which is connected to Web3. Polkadot is a major interoperability protocol set to launch and we cover the mechanics of the protocol, security, parachains, competition (Cosmos, Ethereum et al) and so much more.   Follow Tom on Twitter @Shaughnessy119 Follow Jack on Twitter @web3jp  - Related Posts:   Interoperability and Composability: Killer of Redundant Blockchains (Part 1) Polkadot vs Cosmos: The Disastrous Issue and Crowning A Winner (Part 2) - 51percent's Institutional Crypto Podcasts are to the point discussions with crypto leaders for analysts, funds and institutions. Make sure to add your email on 51pct.io Disclosure: Tom Shaughnessy owns tokens in ETH, DCR, MKR, ZRX, HYDRO, and GLA. This podcast is NOT investment advice and is only informational. Do not make investment decisions based upon this podcast. 51percent was not compensated by any party for this podcast episode. Tom has no investment stake in Parity. This content is strictly informational.   Sign Up For 51percent's Leading Crypto Research  - Advertisers: To advertise on this podcast, email Tom@51pct.io Potential Guests: If you're interested in appearing on the podcast, email Tom@51pct.io  -

11 Helmi 201949min

TokenSoft’s CEO Mason Borda: Blockchain Technology Enabling a 24/7 and Global Digital Security Market

TokenSoft’s CEO Mason Borda: Blockchain Technology Enabling a 24/7 and Global Digital Security Market

Host Tom Shaughnessy of 51percent Crypto Research (www.51pct.io) is joined by Tokensoft's co-founder and CEO Mason Borda TokenSoft enables small businesses, enterprises, and financial institutions to meet compliance requirements at issuance, distribution or exchange. This is a great episode as we have already had on numerous STO companies, so Tokensoft rounds out our STO coverage! Follow Tom on Twitter @Shaughnessy119 Follow Mason on Twitter @masonic_tweets   - 51percent's Institutional Crypto Podcasts are to the point discussions with crypto leaders for analysts, funds and institutions. Make sure to add your email on 51pct.io Disclosure: Tom Shaughnessy owns tokens in ETH, MKR, ZRX, HYDRO, CVC, DCR, POLY and GLA. This podcast is NOT investment advice and is only informational. Do not make investment decisions based upon this podcast. 51percent was not compensated by any party for this podcast episode. Tom has no investment stake in Parity. This content is strictly informational.   Sign Up For 51percent's Leading Crypto Research  - Advertisers: To advertise on this podcast, email Tom@51pct.io Potential Guests: If you're interested in appearing on the podcast, email Tom@51pct.io  -

4 Helmi 201955min

Zilliqa’s CEO Xinshu Dong: Ready, Set, Mainnet

Zilliqa’s CEO Xinshu Dong: Ready, Set, Mainnet

Host Tom Shaughnessy of 51percent Crypto Research (www.51pct.io) is joined by Zilliqa's CEO Xinshu Dong. Zilliqa is branded as the scalable blockchain for high throughput consensus computing. The project has gotten a lot of buzz and is set to launch its mainnet this week, so this is a very timely episode.  - Follow Tom on Twitter @Shaughnessy119 Follow Xinshu on Twitter @xinshudong  - 51percent's Institutional Crypto Podcasts are to the point discussions with crypto leaders for analysts, funds and institutions. Make sure to add your email on 51pct.io Disclosure: Tom Shaughnessy owns tokens in ETH, MKR, ZRX, HYDRO, CVC, DCR, POLY and GLA. This podcast is NOT investment advice and is only informational. Do not make investment decisions based upon this podcast. 51percent was not compensated by any party for this podcast episode. Tom has no investment stake in Parity. This content is strictly informational.   Sign Up For 51percent's Leading Crypto Research  - Advertisers: To advertise on this podcast, email Tom@51pct.io Potential Guests: If you're interested in appearing on the podcast, email Tom@51pct.io  -

28 Tammi 201957min

Spartan Group’s Jason Choi: An Insider’s Take On The Asia Crypto Scene

Spartan Group’s Jason Choi: An Insider’s Take On The Asia Crypto Scene

Host Tom Shaughnessy of 51percent Crypto Research (51pct.io) is joined by Spartan Group's Jason Choi, for An for an Insider’s Take On The Asia Crypto Scene. Jason gives us the entire low down on the crypto scene in Asia. He informs us on the differences vs the West on crypto funds’ involvement in governance, their investment focus, and an insightful look into the entire scene.  - Follow Tom on Twitter @Shaughnessy119 Follow Jason on Twitter @mrjasonchoi    - 51percent's Institutional Crypto Podcasts are to the point discussions with crypto leaders for analysts, funds and institutions. Make sure to add your email on 51pct.io Disclosure: Tom Shaughnessy owns tokens in ETH, MKR, ZRX, HYDRO, CVC, DCR, POLY and GLA. This podcast is NOT investment advice and is only informational. Do not make investment decisions based upon this podcast. 51percent was not compensated by any party for this podcast episode. Tom has no investment stake in Parity. This content is strictly informational.   Spartan Capital Disclosures: For full disclosure, at the time of this podcast recording, Spartan Capital has a small exposure to Ziliqa, which is mentioned briefly in the episode. Spartan has a negligible position (

24 Tammi 201956min