How Bolt Is Allowing Passive Income by Means of Decentralized Cloud Storage

I came across the new DeFi project called Bolt, which combines decentralized cloud storage with passive income possibilities. By staking the ZCN token and contributing storage to the Züs network, users get their reward according to their contribution, while it offers more economical and highly scalable solutions compared to traditional cloud services.

One thing that makes Bolt so unique is its focus on security. The platform deploys end-to-end encryption and user-controlled encryption keys to safeguard your data from unauthorized access. With serverless architecture, it reduces the risk of data breaches compared to a centralized cloud system. Furthermore, it enhances transaction security with dual-device authentication, meaning that even if one device gets compromised, no unauthorized actions can be performed.

Feature-wise, Bolt has a flexible staking system: users can decide exactly how they want to earn with Miners, Sharders, and Blobbers. I do wonder, though-what are your thoughts on the risks associated with staking tokens by storage providers? How does the decentralized storage offered by Bolt compare, in terms of long-term scalability, to more established cloud storage solutions?

While this sounds very promising, it is important to remember that, like all DeFi platforms, there will be challenges in adoption and security that may hamper growth. Has anyone here worked on decentralized storage platforms or have thoughts on this type of passive income generation?