Coin Information - Storj - STORJ



STORJ
Storj

Market Capitalization
USD 17,827,760
24hr Volume (Global)
291,325.252
Circulating Supply
135,787,439
Current Price
USD 0.1312916737
Date (UTC)
2018-12-13 12:21:26
Storj aims to become a cloud storage platform that can’t be censored or monitored or have downtime. It is the first decentralized, end-to-end encrypted cloud storage that uses blockchain technology and cryptography to secure your files.
Storj is a platform, cryptocurrency, and suite of decentralized applications that allows you to store data in a secure and decentralized manner. Your files are encrypted, shredded into little pieces called 'shards', and stored in a decentralized network of computers around the globe. No one but you has a complete copy of your file, not even in an encrypted form.
Because of this, Storj can be faster, cheaper, and more secure than traditional cloud storage platforms. Faster because multiple machines are serving you your file simultaneously, cheaper because you are renting people's spare hard-drive space instead of paying for a purpose-built data center, and more secure because your file is both encrypted and shredded. There is no need to trust a corporation, vulnerable servers, or employees with your files. Storj completely removes trust from the equation.