What Is Storj Coin (STORJ)? --- CaptainAltcoin

Blockchain based, end-to-end encrypted, distributed object storage, where only you have access to your data.
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What Is Storj Coin (STORJ)? --- CaptainAltcoin

Post by howlermunkey » Wed Mar 28, 2018 1:31 pm

"Storj was founded by Shawn Wilkinson (CTO and CEO), Tome Boshevski (Chief Design Officer), James Prestwich (COO and CFO) and John Quinn (Chief Development Officer).

It began as a platform to enable crowdsourced P2P data storage. By decentralizing data storage, Storj’s team aimed to build a service similar to the existing one, but faster, cheaper and safer.

For a cloud storage provider, it is rather untypical to use a token system. So why did Storj do that?

They chose the token sales model because of the ability to support dAPPs and open source development teams."


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