Storj Network Passes 1 Petabyte Storage Space
Decentralized cloud storage provider Storj Labs Inc. has announced that its second round of network testing called "Test Group B" has reached the 1 petabyte milestone of managed storage space. Test Group B is an in-depth test of the platform's storage client DriveShare, a software that enables users to earn money by sharing extra hard drive space. The....
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Storj, a decentralized Internet cloud platform that allows users to store data in a secure manner, announced that the second round of its network testing has reached 1 Petabyte of storage space. In recognition of this milestone, Storj has increased its testing rewards pool tenfold. It has expanded the testing rewards pool from 100,000 Storjcoin X (SJCX), to 1 million SJCX (approximately 71 BTC at the time of writing). World's First Distributed Cloud Storage Platform. Storj Labs plans to build the world's first distributed cloud storage platform, allowing anyone to buy and sell storage....
Storj is today's Random Coin of the Day as it offers decentralized file storage. Users earn Storj coins by offering the extra space on their hard drive for Storj's file storage. People who host their files on Storj are the only ones who may access their files as it depends on the same blockchain technology every coin relies on for its security. MetaDisk is being developed for people looking for cloud storage, and DriveShare is being developed for those who wish to offer their hard drive space for the Storj network in exchange for Storjcoins. Storj Exclusive Interview. I conducted an....
In April 2014, Storj, an open source decentralized storage platform, won the Texas Bitcoin Conference's hackathon, netting them $250,000 from the BitAngels Fund. Thecrowdsalefor their token SJCX and early access to the software has begun and will be running until August 18th (3 days). The future of cloud storage is decentralization. Imagine being able to rent out your extra hard drive space through an autonomous network and getting paid for it in a cryptocurrency. This is being made possible thanks to Satoshi Nakamoto and platforms such as Storj, Maidsafe, Ethereum and others. Now that we....
The initial Storj crowdsale has finally come to a close, and the Storj team is pleased with the results, having raised at least 910 BTC. Although they are still hard at work on furthering development, the funding raised for their decentralized cloud storage platform exceeded their expectations. Storj, for the uninformed, is designed to allow users to store files over their peer-to-peer network. Using Metadisk, one can upload content to the network for distributed storage across its participating nodes; users either pay for this service in Storjcoin X-known as SJCX, the network's native....
Storj is an open source project aiming to offer a completely decentralized, secure, and efficient cloud storage service that also serves as a peer-to-peer payment system like Bitcoin. Storj allows users to rent out their unused space to other participants. The network uses StorjcoinX (SJCX), as the currency for driving the network. In an effort to ensure a good performance, the Storj team has started a test phase for their network. The team is inviting users who want to participate and accurately deliver reliable and relevant feedback about the network operation. Storj nodes, or average....