Analysis
Decentralized storage providers are proving to be the backbone of Web3, but what does this mean for centralized web service providers?
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Storj News
Storj is a decentralized system of distributed object storing, which keeps information encrypted. Storj is based on Bitcoin’s blockchain technology and peer-to-peer protocol in order to provide safe and efficient cloud storage. Besides that, the cloud storage company has issued its own Storj tokens (STORJ) similar to other cryptocurrencies. The main idea of the Storj coin is to allow users to lease unused space on a hard drive as a way to gain profit. The Storj ICO was conducted in 2017 and, before the ICO, the project had been becoming more and more popular, with Storj’s price growing more than 10 percent. The company also offers two types of Storj wallets for cryptocurrency, one of which is based on blockchain and the second option is available at Freewallet. Storj mining happens when space on a hard drive is leased.
- Altcoin Watch
LINA, WRX and STORJ led altcoins higher even as Bitcoin bulls encountered resistance at the $40,000 level.
6030 - Market Analysis
Cointelegraph Markets Pro delivered a market-moving NewsQuake™ on Storj to subscribers this week, while the VORTECS™ Score picked up bullish conditions for Filecoin.
34777 - Markets News
Ankr, Curve and Storj each saw double-digit rallies shortly after Coinbase announced plans to list each token this week.
38523 - News
Blockchain-based cloud network Storj has announced a program to provide free storage to organizations researching COVID-19.
5787 - Follow up
With Chinese President Xi Jinping recently showcasing support for blockchain, local media is seemingly changing its sentiment toward crypto.
3428 - News
The alphanet of decentralized file hosting protocol Filecoin will be launched tomorrow, with the testnet expected on Dec. 11 and mainnet in Q1 2020.
3447 Investing in cryptocurrencies is a risky business, but there are strategies you can use to limit the chance of disaster.
41349Blockchain is extraordinary technology, but may not be appropriate for storing large files, other data.
27872Start up sitcom Silicon Valley’s made up product, ‘Pied Piper’ has come to fruition thanks to Blockchain technology.
28309- Sponsored
Cointelegraph caught up with James Prestwich, Storj Co-Founder, an open source and cloud storage platform, that can’t be censored, monitored or have downtime.
15387 Developers behind the decentralized cloud storage, Sia, have just released their most stable version yet: Sia v1.0.3.
2583Cointelegraph spoke to Trevor Altpeter and Matt Young, directors of the Counterparty Foundation, about the partnership with Storj, micropayments, and the Lightning Network.
1140Storj Labs officially announced the beta release of their cloud platform which will allow users to store data on a decentralized network.
2432SJCX has boomed on 28.11 that allows common computer users to test the software before devs will go live with the final version.
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