Storj Network Passes 1 Petabyte Storage Space in Second Round of Testing

Storj Network Passes 1 Petabyte Storage Space in Second Round of Testing

Storj Labs Inc. today announced that the second round of Storj network testing, styled “Test Group B,” has reached 1PB of managed storage space.

Storj Labs Inc. today announced that the second round of Storj network testing, styled “Test Group B,” has reached 1PB of managed storage space. Test Group B is an in-depth test of the storage client DriveShare, and the file auditing protocol. It will also gather information on participant capacities and uptime. The testing round launched on August 25th, and currently includes over 200 participants.

In recognition of the community involvement required to reach this milestone, Storj Labs has increased the testing rewards pool from 100,000 Storjcoin X (SJCX), to 1,000,000 SJCX (approximately 71 BTC at time of writing). These rewards will be distributed to new and existing test group participants over the coming weeks. Test Group B is scheduled to run until late October.

“We’re extremely pleased by the support and validation we’ve received from our community,” said CEO Shawn Wilkinson,

“and we’re excited to release the world’s first crowdsourced cloud storage platform.”

Live information on Test Group B can be seen at http://driveshare.org/status.html

About Storj Labs Inc.

Storj Labs Inc. (formerly the Storj Project) successfully raised over $500,000 in a crowdsale last year to develop the world’s first distributed cloud storage platform. Storj Labs believes that the cloud should be cheap, reliable, and secure, and that anyone can be a part of it. Incorporated in 2015, Storj Labs is headquartered in Atlanta, Georgia, and employs people around the world.


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