You might know that STORJ was open source project which aims to offer the completely decentralized, full secure system and efficient that also serves as the payment system of peer-to-peers like bitcoin. Storj also aims to become cloud storage platform which cannot be monitored or censored or getting downtime as well. This is the first decentralized, end-to-end which had encrypted cloud storage which used the blockchain and cryptography to secure your file. So, Storj was a platform, cryptocurrency and serial of decentralized application which allow you to store data in secure manner. Then your file well getting encrypted, shredded into small pieces that known as shards and store into decentralized computers networking over the globe. And nobody except you that having complete copy, not even in encrypted form.
Because of that process, Storj can be faster, cheaper and more secure than the other traditional storage platform. This is faster because some machines were serving your file in same time, cheaper because you rent your own hard drive space instead of paying for purposing of built center then more secure because your file had been encrypted and shredded as well. You can visit their official site to know further and detail information about how Storj can provide you with best performance based on your need.
STORJ also a protocol, cryptocurrency and serial of decentralized application that allow customer to store data in decentralized manner as mentioned before. This is also using features which like transaction ledger, cryptographic hhas for security and public or private encryption. The Storj nodes or average computer which running software, selling the resources of storage and transfer information and earn Storjcoin X as their exchange of their services. You can running software and getting extra money for leasing your own hard drive and bandwidth. They also claimed that this way was cheaper 10-100x, faster and more secure than using the traditional storage platform.
Storj will work hard to solve the security matter with the help from their own web application, Storj might allow you to save your file and client’s application, Storj share also allow you to rent hard drive space for money. To protect your data, your file was encrypted client side in your computer before getting upload. Each file had been divided into several parts which were first encrypted and then distributed for storage in Storj network. The network was comprised of Storj Share which run by the user over the globe who rent the hard drive space.
