...
As we can see with only $10 billion market cap (less than the current market cap of bitcoin) storing 1 MB file in the Byteball system becomes expensive ($10). It shows that the design of the system (1 quadrillion cap of internal currency) precludes any widespread use case regarding data storing. Claiming that the system is scalable with regard to data storage is therefore unsubstantiated.
Please check if I did these calculations correctly as this looks like a rather serious issue.
Maybe you are right. But as I understand, byteball is not primarily intended as a mass storage:
• page 33 Assets
• page 37 Bank issued assets
• page 38 None-financial-assets
• page 38 Bonds
• page 39 Commodity Bonds
• page 40 Funds
• page 40 Settlements
• page 40 private payment
• page 42 Fixed denominations assets
• Page 45 Arbitrary structured data (..this message type can be used to post Ethereum code for the subset..)
• Page 45 Text
• page 46 Voting
• page 47 private messaging
Byteball is the wet dream of every banker. It is the Swiss army knife for the financial industry and / or Business economist, Accountant and Tax Consultant..
It‘s more like a very safe, secure, indestructible, tamper-proof paper. You can also use it to write books or letters, but it's actually too smart and expensive for this kind of use. But as tony explains (page 45 Text) you can store hashes.. - For me it looks flexible enough..