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What Is Storj? Storj, pronounced as “storage,” is an open-source cloud storage platform. Basically, it uses a decentralized network of nodes to host user data. The platform also secures hosted data using advanced encryption. In a white paper published in December,2014, Storj was first introduced to the world as a concept.
Storj (STORJ) is an Ethereum token that powers a decentralized cloud storage network for developers called Storj DCS (Decentralized Cloud Storage). After a customer uploads a file to Storj DCS, pieces of each file are distributed to a global network of independent nodes.
The STORJ cryptocurrency derives its value from the utility of its network, as it is the preferred form of payment within the software. This means clients can buy and spend STORJ in order to store files, and that storage nodes may receive and sell STORJ in order to be compensated for their extra space and bandwidth.
About Storj Coin. Storj price today is $2.08 with a 24-hour trading volume of $116,224,207.STORJ price is down -3.8% in the last 24 hours. It has a circulating supply of 140 Million STORJ coins and a max supply of 425 Million. Coinbase Pro is the current most active market trading it.. Storj is an open-source platform that leverages the blockchain to provide end-to-end encrypted cloud storage ...
Storj is an open source blockchain-based platform for decentralized file storage awaiting a full network launch in fall 2019. Its STORJ token should incentivize disk space sharing with with more attractive rewards as the demand increases.
Storj Price Analysis. 2020 so far is the year of Decentralized application dApps and Decentralized Finance, so Storj providing suite for application gaining huge market volume since last few month. Now Storj finally entered into top 200 blockchain project list and if they manage to keep this momentum then top 100 is possible.
Storj DCS is private by design and secure by default, delivering unparalleled data protection and privacy vs. centralized cloud object storage alternatives. Developers can trust in innovative decentralization technology to take ownership of their data and build with confidence. For more info visit https://www.storj.io.
Storj is a platform that allows users to store data in a secure and decentralized manner, encrypting, shredding and distributing said data to the participants of the network. The data is stored by users that are willing to provide their extra storage space (although they cannot access it) in exchange for a monetary reward that is given in Storj (SJCX), the native currency within the Storj network.
Storj USD price, real-time (live) charts, Storj crypto and videos. Learn about STORJ value, Storj news, crypto trading and more.