The evolution of computing has been marked by a series of paradigm shifts, from mainframes to personal computers, and now to the cloud. Currently, the common path to deploying web infrastructure is to be a paying customer of a large company like Amazon or Google, and write infrastructure as code to spin up a constellation of interoperable services on their machines.
Claudia Richoux is the founder and CEO of Banyan, a decentralized file storage system built on top of the Filecoin network.
However, the current dominance of cloud hyperscalers, with their lion’s share of the world’s computation, is not a natural monopoly.
Instead, it’s a temporary state, as the open-source community works tirelessly to cook up a decentralized solution that will revolutionize the industry once again. A decentralized solution will allow users to freely move between service providers instead of being locked into one entity, which means more price competition and …