RE: Introducing EOS.IO Application Stack

I have seen other blockchains offer storage that is broken up between thousands of users. It will be interesting to see how EOS will differentiate from other services other than the cost factor. These block producers and file host sites, which will be running an API to report back, will need to have nearly a 100% up time. Do these producers, who receive compensation or block rewards, go through a process for validating their experience and capabilities? This sounds like an awesome part of the block.one business strategy. I definitely will be following along on the progress of the storage solution and waiting for more details.