CLOUDFLARE'S R2 is now generally available, offering developers cost-effective object storage without egress fees. Launched in open beta in May 2022, R2 attracted over 12,000 developers with diverse use cases. Key features include S3 compatibility for easy migration, automatic region selection for bucket locations, integration with Cloudflare Workers for enhanced data handling, presigned URLs for user access control, and public buckets for unauthenticated access.
The pricing model is transparent, focusing only on storage volume and operations, with no egress charges. Future plans include object lifecycles, jurisdictional restrictions, and live migration features for existing data.