Storj (STORJ)
Storj (STORJ) info,quotes and chart
Description
Storj is a decentralized cloud storage platform that allows anyone to rent their idle hard drive space and to earn a revenue by doing so. Endusers can use Storj to store their files at competitive prices and within a p2p network that is secure from sever downtime, censorship and hacks. Payments within the Sotrj network and conducted with the STORJ token, an ERC20 Ethereum-based token.
Storj (STORJ) hopes to provide decentralised cloud storage to its community. Storj works on the premise that each user is entitled to the same amount of space on the network as they make available to the community. Users can also receive payment for renting their extra disk space. Files are split up into smaller components and dispersed across an array of devices, with users maintaining control of their keys, which grants them access to their files, at all times. As a result, this decentralised cloud storage model creates additional security for users relative to centralized cloud storage providers.
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