Storj Coin Logo

Storj Coin

Trade

Find the exchange with the lowest fees, best methods for depositing or your geographical area and start trading Storj Coin

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Kraken Logo

Kraken

4.28 based on 377 votes
Binance Logo

Binance

4.23 based on 1887 votes
OKEx Logo

OKEx

4.08 based on 139 votes

Spend

Want to leave your cash at home? These cards support Storj Coin.

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Uquid-Karte Logo

Uquid-Karte

2.59 based on 176 votes

Shop

So you've made a little Storj Coin and now you want to spend it? These are the places to do it!

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Pita Barcelona Watches Logo

Pita Barcelona Watches

4.4 based on 10 votes
COIN.HOST Logo

COIN.HOST

4.25 based on 8 votes
ProfitTrailer Logo

ProfitTrailer

4.25 based on 57 votes

Hodl

Find the wallet that suit your security, ease of use and anonymity needs for Storj Coin.

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Ledger Nano S Logo

Ledger Nano S

3.76 based on 157 votes
CryptX Wallet Logo

CryptX Wallet

4.09 based on 11 votes
Unstoppable Wallet Logo

Unstoppable Wallet

4.03 based on 38 votes

Review

Learn more about Storj Coin.

When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This is a review of Storj Coin.

Storj is a decentralized, peer-to-peer file storage platform. By connecting people with excess hard drive space and users who need to store files online, Storj can provide cloud storage space at very cheap rates. Using encryption, Storj also ensures the privacy of users’ files.

Currently, major cloud computing companies such as Dropbox or Google Drive dominate the market. These companies own major data centers around the world where they can store massive amounts of data. However, issues such as bandwidth or unexpected outages can cause issues with retrieving data. Also, if these data centers get hacked, million of people’s files could get exposed.

Storj uses a decentralized blockchain network to distribute a user’s file across many different computers. By using private keys and encryption, Storj ensures that no one but the user can access the files.

When storing a file with Storj, files are broken up into what are called shards. Each shard represents a small encrypted part of your file. When all the shards are combined, they form the original file. Since shards are distributed among many users, no single provider of storage can have access to all your shards. Only the owner of the file can retrieve all the shards to get the file.

One concern of users is what happens when one of your shards are lost. Storj solves this issue by incorporating parity shards, which are copies of the same shard stored in multiple places. Even if one shard gets lost, the same shard can be found somewhere else.

Storj is one of the earliest decentralized applications to have a working product and large number of users. Ethereum founder Vitalik praised Storj and the impact it could have.

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Finally, if you have concluded that this is the coin for you, congratulations! Buy Storj Coin here.

Good luck!

Storj Coin Review - Cryptowisser Logo
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