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Storj

Storj (STORJ) Ethereum

Rating4.1
  • Coin: Storj (STORJ)
  • Launch Date: 2017-07-02
  • Address: 0xb64ef51c888972c908cfacf59b47c1afbc0ab8ac
  • Platform: Ethereum
  • Website: storj.io
  • Explorers: etherscan.io, ethplorer.io
  • Tags: Platform, Distributed Computing, Filesharing, Storage, Web3, DePIN
  • Reddit: storj
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  • Twitter: storj
  • Ranking: 463
  • Rating: 4.1
  • # 282

Storj, pronounced as “stor-jay,” 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. It was to be a decentralized peer-to-peer encrypted cloud storage platform.
Two years later, an updated white paper was published. Here, a decentralized network — connecting users who need cloud storage space with those who have hard drive space to sell — was described. The platform was launched in late 2018.
People with hard drive space and good internet connectivity can participate in the network. They become a unit in the network, called a node. Space providers are rewarded by Storj tokens.