Sounds good about “Snapshot Storage” – looks like most people prefer that.
Here is another revision. Two main changes are:
- Using “Snapshot Storage”.
- Took out the P2P layer as there was some confusion about if it and displaying it on a side. At the blockchain level, you do broadcast (announce transactions to everyone) but at the upper layers usually you’re talking to only peers and collaborating to provide a layer like storage.
Comments are welcome! Reminder, this is just brainstorming and with more feedback we’ll keep polishing the architecture 
