Today’s tech allows us to preserve data for thousands of years with zero energy usage, tomorrow’s could ensure Satoshi’s vision lives on forever.
Recent advances in the field of long-term storage could form the basis for the development of immutable digital ledgers capable of storing data for millions of years without power. In other words: immortal blockchains.
At its core, blockchain technology operates on the simple premise that data is demonstrably safer in a decentralized ledger than it is on a centralized server.
In the event of a local outage, such as the failure of a power grid, the ledger remains safe as long as there are nodes elsewhere still in operation. A centralized server can only store and serve data for as long as it’s powered.
