MEMORITY - Blockchain-based Data Storage Ecosystem.

in #storage6 years ago

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OVERVIEW

Altogether for data storage, blockchain and decentralization give colossal advantages and an unmistakable answer for progressing security issues. For instance, a noteworthy rupture at credit revealing organization Equifax a year ago uncovered the individual data of in excess of 145 million people to unapproved outsiders.

Today, in the brought together universe of distributed storage, the tremendous databases of driving multinational ventures act like reference points for programmers hoping to get to buyer data for criminal exercises. This kind of unreliable data storage isn't just very defenseless yet in addition absolutely superfluous.

The significant point to note is that decentralised data storage, as demonstrated in blockchains, completely mitigates the issues of hacks or power shortages that affect centralised databases. This is because decentralisation and distribution mean that, if a single node is compromised or goes down, the network can continue to update and operate. In fact, for this sort of data storage architecture to even be at risk of failure, you would have to imagine an act of God on a global scale. This what MEMORITY is all about.

WHAT IS MOMERITY

Memority is a blockchain-based framework for encoded decentralized storage of important data. The framework naturally keeps 10 records duplicates in free stockpiles everywhere throughout the world at unequaled. Records are encoded with a private key that is exclusive to the user. Memority utilizes similar data protection innovation as utilized as used in blockchain-based wallets.

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The motivation behind Memority is the sheltered and secure information stockpiling for organizations, government associations and people. Such a framework will work with client data protection regardless of whether there are no more develpers of platform based applications, developers of the platform itself, or up to 90% of hosters will be lost in the meantime. Full independence, the implicit self-cleaning instrument and the decentralized idea of the working enable the framework to exist and work for a long time without outside administration.

UNIQUENESS OF MOMERITY

👍The Memority storage system is a collection of independent repositories from around the world, including not only specialized hosting providers, but also computers of ordinary users.

👍The Memority system stores several copies of data (10 by default) on unrelated storages.

👍The Memority’s mechanism of hosters motivation is aimed at connecting as many computers as possible to maximize the number of independent repositories.

👍Completely decentralized monitoring systems check data availability and authenticity.

👍Files are encrypted with a private key that only their owner has.

TOKEN

Crowdsale terms
20% bonus Pre-ICO: May 16th - May 30th
15% bonus ICO: May 31th - June 30th
10% bonus ICO: July 1th - July 31th
5% bonus ICO: August 1th - August 31th
Token price: 0.1 USD
Soft cap: 5,000,000 USD
Hard cap: 85,500,000 USD

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In conclusion, storage decentralization is a special component of Memority framework. Memority has an expansive number of autonomous hosters in the system because of the instrument of hosters inspiration. It is a framework for a totally decentralized, ultra-secure storage of important information on the blockchain, which guarantees the proceeded accessibility of a few encrypted duplicates of information on disconnected storage areas around the globe.

USEFUL LINKS
Website - https://memority.io
Telegram - https://t.me/memority
Facebook - https://www.facebook.com/mmority/
Twitter - https://twitter.com/frvrty
Whitepaper - https://memority.io/docs/whitepaper_memority.pdf
Forum - https://bitcointalk.org/index.php?topic=3952669

Author Jentemi
https://bitcointalk.org/index.php?action=profile;u=2181489

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i like this Project a lot. The cloud storage is innevitable and makes the technology growth advance

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