Centralized cloud storage is data held in massive data centers run by a single organization that consumes large amounts of energy. Decentralized cloud storage encrypts data, breaks it up and distributes it for storage on drives that are run by different organizations in lots of different places, each with a different power supply and network connection, creating something much less wasteful. There are no data centers, no storage oligopolies and no vendor lock-in.
At first blush, it sounds a bit crazy. How can that work? How can it be feasible? How can it even be real?
The good news is it is very real and very feasible today. Here is our take on the common misconceptions we hear every day about decentralized cloud storage and the facts to bust them.