STORJ

Storj

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Distributed, encrypted, and blazing fast object storage, where only you have access to your data.
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Comments

3 user opinions

PT
Applied Cryptography Consultant Source
As for the coins associated with MaidSafe and Storj, there's no reason to think any of this instant confirmation, low-fee, no-mining stuff is Sybil resistant. Sure, it might work if we can rely on the majority of nodes being honest and you not being Sybil attacked, but at best that's certainly a lesser standard of security than Bitcoin offers; at worst it just won't work.
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JP
Group Product Manager at Adobe and Creator of Dogecoin Source
As far as I know, hardly anyone is using things like Gnosis, Storj, etc., though. They're neat hobby projects without user bases. I would wager the bulk of the token holders are only there for a price pump on the token itself.
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NC
Partner at Castle Island Ventures and Co-creator of Coinmetrics Source
Storj is a distributed data storage token project that raised about $30m in an ICO in May 2017. It’s in a rough category of troubled data storage projects along with Filecoin, Sia, and MaidSafe. It has seen its fair share of drama and founder exits. When I’ve asked, technical experts with domain knowledge will concede that distributed file storage is a near-intractable challenge, and a mainstream application of the technology is still years away.
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Most helpful opinions

NC

NC Nic Carter Partner at Castle Island Ventures and Co-creator of Coinmetrics
Storj is a distributed data storage token project that raised about $30m in an ICO in May 2017. It’s in a rough category of troubled data storage projects along with Filecoin, Sia, and MaidSafe. It has seen its fair share of drama and founder exits. When I’ve asked, technical experts with domain knowledge will concede that distributed file storage is a near-intractable challenge, and a mainstream application of the technology is still years away.
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January 01, 2019
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JP

JP Jackson Palmer Group Product Manager at Adobe and Creator of Dogecoin
As far as I know, hardly anyone is using things like Gnosis, Storj, etc., though. They're neat hobby projects without user bases. I would wager the bulk of the token holders are only there for a price pump on the token itself.
June 05, 2017
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PT

PT Peter Todd Applied Cryptography Consultant
As for the coins associated with MaidSafe and Storj, there's no reason to think any of this instant confirmation, low-fee, no-mining stuff is Sybil resistant. Sure, it might work if we can rely on the majority of nodes being honest and you not being Sybil attacked, but at best that's certainly a lesser standard of security than Bitcoin offers; at worst it just won't work.
July 19, 2014
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