This desired price point has some interesting implications
5 TB is 5242880 chunks
If that costs 1000 safecoin it’s a price of 0.000190735 (=1000/5242880) safecoin per PUT, which is not possible with the temporary StoreCost algorithm proposed in RFC-0057, which has a minimum of around 0.005 safecoin per PUT.
Using AWS S3 pricing of $0.023 per GB
5 TB would cost $117.76 to put on S3
If this were equivalent to 1000 safecoin that gives a price of 0.11776 (=117.76/1000) USD/safecoin
I’m gonna guess 5 TB for 1000 safecoin won’t be possible in testnets because of the temporary StoreCost algorithm.
I’m gonna guess the USD price will be higher than 0.1176 usd/safecoin at launch, so will probably be more expensive than S3.
Sorry Let’s hope storecost gets a revision which would fix both pricing problems.
Thanks for giving the numbers though, it’s really fascinating to see pricing expectations/desires laid out clearly like this.