What a day at CTM's Coffee to Media in Paris! ☕🌍 @Storj's Nick & Vaughan connected with visionary minds, shared bold ideas on cloud storage ☁️, and explored the future of media. 🚀 Here’s to innovation and growth! 💡✨
#Storj #MediaInnovation #CloudStorage #FutureOfMedia
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pepper 花椒 解盘㊂ 正EV
Mining machines become scrap iron, a history of millions of blood and tears
Remember FIL's "King of Storage"? Seventy or eighty thousand bought a mining machine, and the CX boss fooled "three generations of children and grandchildren are full", what is the result? Now all the piles are scrap iron with QR codes, the electricity bill has not been earned, and the principal is all fed to the dogs!
In 2022, I will have dinner with a few big brothers who do Filcoin in Shenzhen, and they really put all their net worth into it.
At first, the cost was nearly 20 yuan, and then it slowly dropped to 10 yuan, but the result was still a loss and there were no bottoms left. An old man told me that Filecoin really got a lot of people in Shenzhen, and some of them even mortgaged their houses, and finally lost all their money
🧵
On the contrary, a friend recently showed me the hot storage solution that Shelby @shelbyserves Jump and Aptos have teamed up to work on, and yes, the storage solution again
First of all, from a technical point of view, Shelby focuses on real-time data interaction capabilities, and the read and write latency is at the sub-second level. Unlike Filecoin's cold storage, read speeds are death-slow. And its economic model is also quite interesting, the data can generate revenue every time it is read, and the creator can directly set the charging rules.
If you haven't tried Fil and AR storage, then you probably won't know that manual retrieval is very slow, and if you really want to use storage as a server, then it has to support millisecond response times, and while Filecoin and hot storage are positioned differently, they can be complementary
Long-term archiving of files (e.g., historical data, NFT metadata) can be stored on Filecoin.
Real-time interactive data (e.g., dynamic updates, real-time feeding of AI models) can be stored in hot storage systems (e.g., Shelby).
Filecoin focuses on low-cost decentralized storage, suitable for static data, hot storage focuses on high-frequency interaction, suitable for dynamic data, and does not say which one will be better, but for different use cases, for now, there are more dynamic scenarios that need to be supported, and Shelby has cooperated with big names such as Story protocol, NBC universal, etc
Behind Shelby are Jump and Aptos scenes. The transaction confirmation speed of the Aptos chain is ridiculously fast, it can be completed in 600ms, and the cost of a single transaction is only $0.00055. Jump brings an institutional-grade throughput architecture, which ensures Shelby's performance
Finally, to sum up, AR plays permanent storage, STORJ rushes enterprise services, and what about FIL? I can only say that this industry is indeed evolving, and there are always better solutions and technical solutions to the new storage stars
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Storj
🚀 Getting started with @Storj Object Storage has never been easier! 🔐
Sign up in just a few clicks! 🌟 Choose between Automatic or Self-Managed Encryption for the perfect balance of security and control. 🙌 And, yes, there’s a FREE 30-day trial to get you started! 🎉
✨ Ready to see how secure and simple cloud storage can be? Watch the full demo now! 🎥
#CloudStorage #DataSecurity #FreeTrial #Storj #Innovation #TechForTomorrow
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Storj
☁️ Today’s the day! Connect with Nick & Vaughan from @Storj at CTM's Coffee to Media event in Paris. 🚀 Don’t miss the chance to chat with them and explore the future of media storage!
#Storj #MediaInnovation #CloudStorage #FutureOfMedia
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Storj
Remote audio production is evolving, thanks to the groundbreaking partnership between @SourceElements and @Storj! 🎧🌍
Imagine seamless workflows, high-resolution audio that stays flawless even during internet hiccups, and lightning-fast file transfers that keep creativity flowing. This visionary collaboration empowers media professionals to produce at their best, no matter where they are. 🚀
Curious about how it all works? Don’t miss the blog! 📖Read it here:
#RemoteRecording #AudioInnovation #CreativeCollaboration
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STORJ price performance in USD
The current price of STORJ is $0.24670. Over the last 24 hours, STORJ has decreased by -2.06%. It currently has a circulating supply of 143,787,439 STORJ and a maximum supply of 424,999,998 STORJ, giving it a fully diluted market cap of $35.36M. At present, STORJ holds the 224 position in market cap rankings. The STORJ/USD price is updated in real-time.
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
Founded in 2014, Storj (STORJ) is a decentralized, peer-to-peer (P2P) cloud-based storage solution. It allows users to rent or purchase unused digital space needed to store data. It is a direct competitor to projects like Filecoin and Arweave.
What is Storj
Storj is an open-source, blockchain-based cloud storage network that uses end-to-end encryption. To address issues with data loss and security in cloud-based storage solutions, it blends the advantages of cloud computing with blockchain technology. Storj intends to change the cloud storage industry by providing a platform that is immune to outages and cannot be filtered or monitored like those provided by Amazon and Google.
The Storj team
Shawn Wilkinson, a computer science graduate from Morehouse College in Atlanta, founded Storj after publishing a whitepaper in 2014 under Storj Labs. Shawn currently serves as the Chief Security Officer at Storj. Ben Golub is another key team member who currently serves as CEO. Ben is a renowned venture capitalist and alumnus of Harvard Kennedy School. Chief Revenue Officer Mark Glasgow and Chief Financial Officer Dorie Chung are both financial experts with experience working for Dell and Acuity.
How does Storj work
Storj encrypts, shards, and distributes data to nodes all over the globe for storage. Sharding refers to the process of splitting a blockchain into several parts. As a result, a single organization can't gain access to all of the data that has been uploaded. Sharding ensures that network members keep complete control over their data and retain ownership of it.
Storj incorporates a variety of security techniques to ensure that the blockchain is safe and protected from hacks. These techniques include a zero-trust architecture, high availability across several regions, default encryption, and edge-based access restrictions.
How is Storj's network protected
Tardigrade storage deployed on Storj Labs nodes creates and secures user data. This network of anonymous nodes eliminates the need to rely on cloud storage service providers to protect our data confidentiality.
Storj’s native token: STORJ
Operators of storage nodes on the Storj platform are eligible to receive STORJ tokens, the native ERC-20 utility token of the platform, as compensation for the long-term storage and bandwidth they provide to the network.
STORJ tokenomics
STORJ has a total supply of about 425 million and a maximum supply of 500 million. Each Storj was sold for $0.50 in an ICO that saw the project raising about $30 million in 2019.
The road ahead for Storj
Storj is revolutionizing data storage through a decentralized approach. Leveraging latent storage capacity worldwide, the team aims to democratize access to energy-efficient storage resources. Ongoing security enhancements and a commitment to fostering innovation within the ecosystem drive Storj's development.
Noteworthy projects like Tribe Social, an online community's social learning hub, harness Storj to achieve rapid content rendering and delivery. This results in substantial time savings compared to conventional Content Delivery Networks (CDNs). Additionally, Gab Wireless employs Storj to cut costs and enhance customer data security, showcasing the diverse applications and advantages of the platform.
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Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 632 new posts about STORJ, driven by 294 contributors, and total online engagement reached 13K social interactions. The sentiment score for STORJ currently stands at 87%. Compared to all cryptocurrencies, post volume for STORJ currently ranks at 5209. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of STORJ.
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STORJ FAQ
How much is 1 STORJ worth today?
Currently, one STORJ is worth $0.24670. For answers and insight into STORJ's price action, you're in the right place. Explore the latest STORJ charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as STORJ, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as STORJ have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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