probably slower performance if you travel far from your home.remote availability depends on your home's internet connection and works only if your home is connected to the internet (no availability during power outage).both from hardware failures and hacker attacks.data protection is your "responsibility".synching within your home probably will be faster.data is stored in multiple locations (protected from hardware failure / disasters.).your data is automatically synchronized.So, both are backup solutions, but there are quite big differences: Cloud providers (like dropbox) What "works like" means for you? It's like "does a Tesla works like a train?" - yes, both have wheels and electric engines but there are still differences. In your case you can have a folder on the My Cloud device and have access to it from multiple devices either from the WD My Cloud application or from other applications (depending on your preference or need). WD My Cloud devices offer a bit more features such as torrent clients, media serving and other features as well as scheduled or continuous backup solutions. A simple example would be a basic external storage drive or a thumb drive connected to your router's USB port that can be accessed through your phone for data transfer from and to it over the internal Wi-Fi. A NAS is basically pretty much any storage device connected to a network through a router that can be accessed over that network from another device. NAS devices act as network folders that can be accessed from any device connected to the specific network and, with the proper settings, can be accessed over the Internet, just like the online cloud services you mentioned. WD My Cloud devices are NAS solutions for file sharing withing a network and over the Internet.
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