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Storj Feed: Events, News & Roadmap
Storj to Participate in Media Tech Sustainability Summit on June 25th
Storj is scheduled to speak at the Media Tech Sustainability Summit on June 25th. The event is focused on sustainability in media. Storj will be parti…
Storj to Participate in VeeamON on June 3rd
Storj is set to participate in the VeeamON conference from June 3 to June 5. The focus of their participation will be on showcasing how their cloud ob…
Storj Partners With Rubrik
Storj has announced a partnership with Rubrik. This collaboration is expected to enhance the performance of Storj’s services, including faster backups…
Storj to Participate in NAB Show in Las Vegas on April 16th
Storj is set to participate in the NAB Show in Las Vegas. The CTO and founder of Ortana Media Group will be present on April 16th at 18:30 UTC. The pu…
Storj to Participate in NAB Show in New York on October 25th
Storj will be participating in the NAB Show in New York on October 25th. The company’s CEO, Ben Golub, will be delivering a talk on sustainable cloud …
Storj to Participate in Church Facilities Conference & Expo in Dallas
Storj will participate in Church Facilities Conference & Expo which will take place in Dallas on October 9th-11th.
Storj to Participate in IBC 2023 in Amsterdam
Storj is set to participate in the IBC 2023 conference in Amsterdam which will be held on September 15th-18th. The focus of their participation will b…
Delisting From Bitcoiva
The currency pairs mentioned in the post will no longer be available for trading on Bitcoiva after 2023-06-19 01:00 pm (IST)
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What is Storj?
Storj is an open-source platform developed by Storj Labs Inc., aiming to revolutionize cloud storage through blockchain technology. Offering end-to-end encrypted services, Storj distinguishes itself from traditional cloud storage solutions by emphasizing speed, cost-efficiency, and enhanced security. Instead of relying on centralized data centers, Storj operates using a decentralized peer-to-peer network where individuals share their storage capacities.
The operational foundation of Storj revolves around its decentralized approach, harnessing the storage capacities of a broad network of peers. This structure ensures data integrity, rapid retrieval, and robust security. Through this unique mechanism, Storj eliminates the common vulnerabilities associated with centralized data centers and offers a more resilient and efficient storage alternative.
Central to Storj’s ecosystem is the STORJ token. Rather than adopting a mining approach for token generation, Storj Labs opted to pre-mine all its tokens at the outset, ensuring a fixed supply. Users can earn STORJ tokens by offering their storage as “farmers” on the network. Moreover, the tokens are available for trading on cryptocurrency exchanges.