Even with a “new type of blockchain” (whatever that means), “permanent” isn’t something I’d trust a startup with. Even “lifetime” deals from profitable established companies tend to run into horrible problems a few decades later [1], when unexpected trends appear. Average company lifespan is now in a low number of decades [2], and startups tend to be at the lower end of that curve just by the nature of being more experimental.<p>1 - <a href="https://thehustle.co/aairpass-american-airlines-250k-lifetime-ticket/" rel="nofollow">https://thehustle.co/aairpass-american-airlines-250k-lifetim...</a><p>2 - <a href="https://www.cnbc.com/2017/08/24/technology-killing-off-corporations-average-lifespan-of-company-under-20-years.html" rel="nofollow">https://www.cnbc.com/2017/08/24/technology-killing-off-corpo...</a>
It doesn’t store content “forever”. The node operators vote on which files to keep, and if the majority of node owners vote to delete your file, then your file gets deleted.<p>Basically, it is not permanent in the sense that the bitcoin ledger is permanent. It is permanent as long as nobody cares to send a takedown request.<p>It’s hard for me to think of a case where this is preferable to AWS.