Storj (CRYPTO: STORJ)
Key Data Points
Storj Return vs. S&P
1 Year | 5 Year | 5 Year Annualized | Since IPO |
---|
Storj Company Info
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 are conducted with the STORJ token, an ERC20 Ethereum-based token.As a decentralized cloud storage network, Storj is unique in more ways than one. For one, unlike traditional cloud storage solutions that store data in huge data centers, Storj runs on a network of thousands of independent computers. Anyone with a few extra terabytes of space can become a node on the platform by installing Tardigrade. All that is required is a strong and consistent internet connection. The efficiency of the network means that hosts pay far less for the storage of their data than when employing traditional cloud storage services.Facebook | LinkedIn | BitcoinTalk | GitHub | Reddit | MediumWhitepaper
News & Analysis
No articles found.
Premium Investing Services
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.