Review on Storj by David Olayide
Storj Cloud Storage
Lately we keep seeing a lot of new innovative ideas and set ups coming up here and there because of the emergence of the blockchain technology. Now we have a whole different kind of cloud data storage systems that operate more efficiently because they are built on the blockchain technology. Storm is one of such decentralized and encrypted cloud storage systems that makes use of cryptography to secure user data.
I especially like the fact that Storj cannot be censored or even monitor as that would be a breach in itself. Storj is a lot of this. It is a cryptocurrency, and also a decentralized platform with decentralized applications that allow you to store your files in a secure and totally decentralized manner. The system is designed in such a way that only you have access to your files even when they’re encrypted. Storj breaks up your files and stores them on decentralized servers and computers around the world. This is actually one of the things that makes Storj very fast as there are many servers or computers working to bring you your files.
I looked into the security and honestly I am quite comfortable with what Storj has on ground. Your files are totally encrypted and shredded. It is also much cheaper than the average cloud data storage systems we have today. Essentially, you can also rent out your hard disk space in exchange for some STORJ tokens (STORJ). So you can get paid for your unused disk space to power the Storj network and store encrypted data.
I have to say that I am really impressed with the Storj network and I trust it enough to use the platform for storing my data on cloud. You can find STORJ tokens on Binance and Kraken where they are traded.
Pros
- Totally decentralized cloud storage system
- Storj is very fast and more cheaper to use than other platforms
- You can get paid in STORJ tokens for your unused disk space to store encrypted data
- Storj totally decentralized and your data is broken down to pieces and encrypted
- Storj utilizes a lot of servers and computers around the world so there is no lagging
Cons
- No disadvantages I have noted
