#Blocktalk - Storj with Shawn Wilkinson
Storj aims to become a cloud storage platform that can’t be censored or monitored, or have downtime. Storj is a platform, cryptocurrency, and suite of decentralized applications that allows users to store data in a secure and decentralized manner. It uses blockchain features like a transaction ledger, public/private key encryption, and cryptographic hash functions for security. Furthermore, it will be way cheaper (10x-to-100x), faster, and more secure than traditional cloud storage services.
Storj is working hard to solve data security issues with the help of its own web app, MetaDisk, and client app, DriveShare. It is the first decentralized, end-to-end encrypted cloud storage that uses blockchain technology and cryptography to secure online files. There is no need to trust a corporation, vulnerable servers, or employees with your files. Storj completely removes trust from the equation.
To best protect your data, files are encrypted client-side on users’ computers before they are uploaded. Each file is split up into chunks which are first encrypted and then distributed for storage across the Storj network. The network is comprised of DriveShare nodes run by users around the world who rent out their unused hard drive space in return for Storjcoin X (SJCX).
The decentralized aspect of Storj means there are no central servers to be compromised, and because of the use of client-side encryption, only the end-users have access to their unencrypted files and encryption keys.
Website: http://storj.io
Check out their latest community hangout with the development team
#Blocktalk starts Saturday August 27 9PM
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As usual, Questions and topics for Shawn and the team are welcome here or in the live chat during the show
Will most of these new blockchain apps and initiatives include their own currency? And if so, are these cloud functions being offered simply as value-added features to promote the coin?
I installed storj on my ubuntu box. I'm running it along side of BOINC. they run together, but sometimes get in each others way.
what sort of issues are you having? Memory or harddrive space?
BOINC pauses when storj updates. It maxes out the processor resources. I'd have to reboot into Win 10 to get at the screenshot I made a month or so ago. The person in the chat box I sent it to for some reason was thinking it was related to network resources. I mis spoke in my earlier comment, I don't have the machine here, it's back in Vegas or I would be able to give you shots of the error and benchmarks. It was on a Gateway DX 3.7 GHZ processor 8 GB RAM. Decent machiine and clean Ubuntu install
Other than that it everything was running great. I planned on adding as many SATA 2 TB drives as I could. On sale at Fry's :)
Solid blog. Really appreciate you bring this to our attention. Sell the coins that you know nothing about. Do proper research on any coin you buy. If the market falls at least you can hold your coins knowing they have a long term future. Does anyone know about: https://www.coincheckup.com I'm really happy with this site that gives complete coin analysis for every single crypto. On: https://www.coincheckup.com/coins/Storjcoin X#analysis For the Storjcoin X Research report.
(I deleted my own comment)
What are you doing posting this here?