Summary
A decentralized storage system is based on a peer-to-peer (P2P) network, a type of architecture that found some success in the past for data distribution and file sharing. Instead of storing all the data in a centralized system, data is chunked, distributed, and stored on many nodes in a local network or the internet.
Figure 1 compares traditional shared storage with decentralized storage.
Figure 1. Comparison Between Traditional and Decentralized Storage Systems
We have seen attempts largely unsuccessful ones so far to build a decentralized, or P2P, network infrastructure over the years, but the risks are now mitigated by recent developments, such as the large number of unused commodity resources across the internet, better security, and blockchain technology to ensure data immutability and consistency. In the end, it is now easier to take advantage of the abundance of unused, and sometimes unreliable, resources to build strong and secure storage infrastructures.
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