Storj Coin stomps into FileZilla, cementing its viability as an future protocol

in storj •  7 years ago 

Storj Coin support added!

More good news for the now over three -year startup company STORJ (https://storj.io/) which happens to be in the storage business. They refer to it as Decentralized Cloud Storage.

Screen Shot 2018-01-10 at 8.01.46 PM.png

It is a perfect synergy of old file transfer standards augmented with support for a new cryptocoin based app. Storj spent over a year in Beta testing, rewarding people that:

  • [x] staked their coins
  • [x] shared free hard drive space

The network had been full of leechers (sharers) and low data transactions, it was not a profitable staking with low rewards. Now it's a full release and everything has changed.

NEW Protocol to choose from

FileZilla, our favorite file transfer software -- did something they haven't done in twenty years: they added a new file transfer protocol. It sits oddly in the drop-down menu. I nearly fell out of my chair when I first bore witness to change.

In addition to regular insecure text mode FTP transfers and its successor, the secure encrypted transfers SFTP provides.

Screen Shot 2018-01-10 at 8.01.46 PM.png

Cloud Storage Replacement

If you are like me, you have a dozen accounts spread thinly over the free trial storage from almost all the storage providers. Storj Coins aim to replace the costly lifetime fees charges from all the cloud-based providers. The technology behind STORJ COIN works with the Ethereum Blockchain. They have signed deals with a lot of major players in the last couple of months.

Get in which the getting is still good

I have been investing with Storj from day-one. This hardly known powerhouse is ready to explode. It is highly undervalued since Bitcoins broke $15,000 last month.

Soon they will announce the minimum requirement for earning interest (PoS) [Proof of Stake].

Oh, look at that -- all-time high today.

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