Storj ( STORJ ) is a decentralized cloud storage network. Designed as an alternative to traditional cloud storage services, this system allows users to store their data securely and cost-effectively. STORJ coin encrypts users’ files and separates them into pieces and stores these pieces in a distributed manner across thousands of computers worldwide.
This network consists of “ node operators” who rent free disk space and customers who want to use these spaces. The STORJ token is used as a payment and incentive tool within this ecosystem. Users pay for storage and bandwidth services with STORJ tokens, while node operators are rewarded with these tokens for the services they provide. This structure of Storj aims to reduce storage costs while increasing data security and providing an alternative with less risk of downtime compared to traditional centralized systems.
Storj Architecture and Technical Infrastructure
Storj Tokenomics Model and Consensus Mechanism
What are the Advantages of Storj?
What are the c level executive list Disadvantages of Storj?
Frequently Asked Questions About Storj Coin?
What is Storj?
Who are the founders of STORJ coin?
How can I contribute to the Storj network?
Storj Architecture and Technical Infrastructure
Uplink: It is the software on the user side. It encrypts the data, secondary market transactions divides it into segments and uploads it to the network. It also performs the retrieval and management of the data.
Satellite: It forms the backbone of the network. It undertakes critical tasks such as metadata management, node selection, billing processes, and access management. Satellites do not store the data itself, they are only responsible for agb directory metadata and network coordination.
Storage Node: These nodes provide storage space on the network. These nodes store encrypted data pieces of users and send them back when requested.
Data Encryption: Performed using Reed-Solomon erasure coding. This method increases storage efficiency while protecting against data loss. Data is divided into 80 parts, any 29 of which are sufficient to reconstruct the file.