Storj to Host Workshop on February 27th

Storj will host a distributed cloud object storage webinar with Tyrell on February 27th at 15:00 UTC.

Refer to the official tweet by STORJ:

STORJ Info

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.