💡 At KBW2025 in Seoul, @shelbyserves became the center of attention. Shelby opened up a whole new question space: when data delivery is no longer monopolized by AWS, can Web3 truly become the new global data distribution layer? ➤ The story of Netflix is the most typical: The marginal cost of cold storage is almost negligible—AWS's archive layer is priced as low as $0.00099 per GB per month. However, when users click to watch a movie, the real billing begins: streaming 1GB of data costs $0.05-$0.09. This means that storage is paid for once, but delivery could be paid for millions of times. This is why Netflix, despite spending heavily to build its own Open Connect CDN, still has to pay AWS billions of dollars every year. AWS's "traffic tax" is the real cash cow of the global internet, much harder to shake than storage itself. ➤ However, most Web3 storage protocols are taking a different path: They continue to amplify the logic of Filecoin and Arweave, treating "cold storage"...
Hearing lots of great discussions and excitement about @shelbyserves in KBW, some thoughts 👇
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One of Netflix’s biggest infra costs is bandwidth on AWS.
To cut latency and cost, they built their own CDN, called Open Connect. yet still spend billions storing and serving data.
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