Beginner
Intermediate
Advanced

Storj is now listed on Cryptology!

January 4, 2024
•

 Buy, sell and trade STORJ

📈 Spot trading of STORJ/USDT is live

What is Storj?

Storj is a blockchain data storage solution utilizing the power of encryption and open-source cloud technologies.

Using Storj allows your data to be stored globally rather than in a small quantity of data centers. As a result you have more security, privacy and sustainability.

There are multiple solutions brought forward by Storj:

  • Backup and recovery
  • Log storage
  • Generative AI
  • Active archive
  • Media post production
  • Streaming and distribution

Unlike traditional cloud storage, Storj is able to considerably lower carbon emissions for businesses. 

They do so through distributed storage networks making use of existing, unused hard drive capacity. It splits up files by distributing them across thousands of endpoints in 100+ countries with no additional replication needed.

For a seamless transfer of data or integration of new data, Storj is integrated with the Amazon S3 object storage service. 

This outperforms AWS’s S3 and grants you access to a safe and secure massive distributed ledger.

Users can provide their spare storage to Storj and become a node providing they have a consistently strong internet connection.

Tardigrade is used within Storj to ensure that data is protected, and to add another level of security data is also peer-to-peer encrypted.

‍

The Storj token

Storj’s native token is called STORJ.

STORJ token is built on the Ethereum network. 

Those who become node operators via Storj and donate their spare storage space earn STORJ tokens as rewards. They earn 60% of the revenue generated by the network.

‍

STORJ’s market stats:

  • Current market cap: $287,729,829
  • Circulating supply: 397,711,818 STORJ
  • Max supply: N/A
  • Twitter: 121,567 followers 


Trade STORJ

‍
Connect with us

Twitter

Facebook

Telegram

YouTube


Risk Warning

Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Cryptology will make its best efforts to choose high-quality tokens, but will not be responsible for your investment losses. As a digital asset trading platform that respects the community, Cryptology adheres to the principle of truthful, transparent and fair trading, with no malicious intent. We are committed to providing users with a service that is safer, more efficient, and more reliable for the trading of digital assets.

Risk Disclosure Statement

The information provided in this article is for educational and informational purposes only and should not be construed as financial, tax, or legal advice or recommendation. Dealing with virtual currencies involves significant risks, including the potential loss of your investment. We strongly recommend you obtain independent professional advice before making any financial decisions. The products and services offered by Cryptology may not be suitable for all users and may not be available in certain countries or jurisdictions. The promotional materials do not guarantee any specific outcomes or profits from virtual trading. Past performance is not indicative of future results. It is important to read and understand the risks, which are explained in our Risk Disclosure Statement

Katya V.

Katya is one of Cryptology’s skilled content managers and a writer with a diverse background in content creation, editing, and digital marketing. With experience in several different industries, mostly blockchain and others like deep tech, they have refined their ability to craft compelling narratives and develop SEO strategies.