This question came in via Telegram so I thought I would add it here and bring my thoughts. Anyone else feel free to chime in or correct me if I made any mistakes!
While for sure there are benefits to centralized cloud providers including robust feature sets and big customer service teams, there are a few key and important differences we think any customer would care about:
This is the biggest and most obvious difference. With something like Amazon or Google Cloud, the data is stored in centralized data centers owned by private corporations. These data centers are susceptible to hacking and outages that can take down massive chunks of the Internet. With ThreeFold, data is stored on the peer-to-peer ThreeFold Grid, where the physical hardware is owned by a Farmer, and the data is owned by / only accessible to the person(s) who put it there. So, hackers can’t get in and due to the decentralized nature of the Grid, location-based outages would be much less likely as well.
Centralized clouds are secure but vulnerable. ThreeFold prides ourselves on security. The peer-to-peer nature of the technology means end-to-end transmission of data between parties (with no middlemen). This is a big one. Nothing is being stored or copied in central servers. Also, ThreeFold self-driving / self-healing IT removes the need for human intervention and eliminates many back doors present in current architecture. So security issues caused by human error and hacking possibilities both diminish greatly. Then there’s the storage algorithm which makes it nearly impossible for data to be lost. And on & on. You can find more info on our wiki.
The fact that you own your data / nobody can even get access to it and connections are peer-to-peer are the two main factors that make ThreeFold incredibly more private than centralized cloud providers.
In the end, the centralized cloud is expensive. ThreeFold cloud pricing is / will be much more cost-effective than the Cloud. You can read more about this here (and check the link at the bottom as well).
We hope customers might care about their impact on the environment and ThreeFold is up to 100x more energy-efficient than centralized cloud providers.