Storj is a decentralized, open-source storage network. Data stored on Storj is encrypted, broken into pieces, and distributed on the decentralized global cloud network. Storj’s default encryption makes all data less susceptible to hacking and data breeches. The STORJ token allows users to pay others on the network to store their files, rather than to a centralized entity. Thus, users with extra bandwidth and storage capacity can earn STORJ by lending out these resources to other users.
What is Storj (STORJ)?
Discover the key facts about Storj (STORJ).
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Looking for more resources?
What is Cryptocurrency? A cryptocurrency is a form of digital currency that uses cryptography and blockchain to encrypt, secure, and verify transactions and proof of ownership. Read more
What is Blockchain: Why You Should Care A blockchain is a growing list of records, called blocks, that are linked together using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. Read more
How to Calculate and Give Zakat with Crypto Donations To give Zakat using cryptocurrency, The Giving Block is your one-stop destination to find and support charitable organizations. Read more
