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What is Storj (STORJ)?

May 10, 2018 By admin_coin

What is Storj Crypto Currency?
What is Storj Crypto Currency?
A brief description of Storj.
A Peer-to-Peer Cloud Storage Network

Storj Video

Unfortunately we don’t have this data available.

The purpose of Storj 

Unfortunately we don’t have this data available.

Storj Abstract

A peer-to-peer cloud storage network implementing client-side encryption would allow users to transfer and share data without reliance on a third party storage provider. The removal of central controls would mitigate most traditional data failures and outages, as well as significantly increase security, privacy, and data control. Peer-to-peer networks are generally unfeasible for production storage systems, as data availability is a function of popularity, rather than utility. We propose a solution in the form of a challenge-response verification system coupled with direct payments. In this way we can periodically check data integrity, and offer rewards to peers maintaining data. We further propose a model for addressing access and performance concerns with a set of independent or federated nodes.

More information can be found in the Storj whitepaper https://storj.io/storj.pdf

Other Storj facts

  • Trading symbol: STORJ
  • Governance: Centralized > Hierarchical
  • Open source: Yes
  • Product status: Fully working product
  • Consensus method: Proof of work
  • Emmission rate: Company will decide
  • Transactions per second:  Unfortunately we don’t have this data available.
  • Total Supply: 424,999,998
  • Release date: 2015-11-30

Usefull Storj links

  • Storj’s Website
  • Storj pricing data & fundamental Storj information
  • Storj’s Website
  • Storj official blog
  • Storj’s Bitcointalk Forum
  • Storj’s Reddit Forum
  • Storj’s block explorer
  • Storj’s Alexa site stats
  • Storj’s official forum: Unfortunately we don’t have this data available.
  • Storj’s Github code repository:
    https://github.com/Storj/storjshare-gui
  • Storj’s roadmap:
    http://blog.storj.io/post/159566947133/storj-new-protocol-new-opportunities
  • Storj’s team page: https://storj.io/team.html
  • Storj’s whitepaper: https://storj.io/storj.pdf

Filed Under: Storj Tagged With: Altcoin, Crypto, Currency, STORJ, What is?

Other questions related to this cryptocurrency:

  • Is Storj (STORJ) Centralized, Decentralized or Semi-Centralized?
  • What is the Consensus method of Storj (STORJ)?
  • All available information on the Storj (STORJ) ICO
  • How can I contact the Storj (cryptocurrency) team?
  • Who is leading Storj (STORJ) crypto?
  • Where to find Historical trading info and past performance on Storj (crypto)?
  • Where can I find fundamental analysis of Storj (STORJ)?
  • How to buy Storj (STORJ) cryptocurrency?
  • What is Storj (STORJ)?

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