|All Time High:|
|Market Cap: |
|The price of #STORJ today is $0.28 USD.|
The lowest STORJ price for this period was $0, the highest was $0.276, and the exact current price of one STORJ crypto coin is $0.27594.
The all-time high STORJ coin price was $3.99.
Use our custom price calculator to see the hypothetical price of STORJ with market cap of BTC or other crypto coins.
|The code for Storj is also #STORJ. |
Storj is 5.9 years old.
|The current market capitalization for Storj is $113,464,311.|
Storj is ranked #192 out of all coins, by market cap (and other factors).
|The trading volume is big during the past 24 hours for #STORJ.|
Today's 24-hour trading volume across all exchanges for Storj is $2,445,569.
|The circulating supply of STORJ is 411,188,379 coins, which is 97% of the maximum coin supply.|
What is Decentralized Cloud Storage
Tardigrade is the world’s first enterprise-grade, decentralized cloud storage service. Through decentralization, Tardigrade is more secure, more performant, more affordable, and more private by default than centralized cloud providers. What exactly is decentralized cloud storage? On the user’s end, it operates exactly the same as traditional cloud storage options like Amazon S3. But, instead of your files being stored in a big data center that’s vulnerable to outages and attacks, your information is stored on thousands of distributed Nodes all across the globe.How the decentralized cloud works First off, we aren’t going to get super technical here. This is an overview of how it works, so if you really want to dig into the technical specifications of Tardigrade (the nuts and bolts stuff), you can check out our documentation. Here’s also a cool diagram to reference. As previously mentioned, with traditional cloud storage, all of your data resides in one large data center. This often leads to downtime and outages when one of these facilities goes offline. With decentralized cloud storage, we have a large, distributed network comprised of thousands of Nodes across the globe that are independently owned and operated which store data on our behalf. A Node is simply a hard drive or a storage device someone owns privately. We pay all of our Node Operators to store files for our clients, and we compensate them for their ban...
NEM and IoDLT — Using Tardigrade to Accelerate MongoDB Snapshot Distribution and Storage
NEM and IoDLT — Using Tardigrade to Accelerate MongoDB Snapshot Distribution and Storage IoDLT is a company that secures, records, and monetizes data from a wide array of sources, (including IoT devices). The company and wider NEM ecosystem have had difficulty making their blockchain data easy to access for application developers. By working with IoDLT to build a solution leveraging Tardigrade and MongoDB, we were able to build a decentralized, resilient solution that improves MongoDB sync performance, while decreasing costs vs centralized providers IoDLT has implemented the MongoDB integration for Tardigrade within their own stack to back up their important data to our decentralized cloud storage service. Tardigrade helps IoDLT optimize its workflow, decrease costs, and increase performance for developers building on their blockchain platform. By using Tardigrade to store and distribute the MongoDB snapshots needed to set up a Symbol node, the process is reduced from 44 minutes to 2–3 minutes, an almost 1,500% improvement,” said Bader Youssef, IoDLT Chief Technology Officer. “Our team is proud of the Tardigrade integration we built and we’re looking forward to seeing how NEM community members and users take advantage of these new benefits from Tardigrade.” In this post, we’ll give an overview of how this solution architecture works to extend the Symbol stack for NEM application developers, making chain data...
Choosing Cockroach DB for Horizontal Scalability
By Krista Spriggs And Jessica Grebenschikov Here at Storj Labs we just migrated our production databases from PostgreSQL to CockroachDB. We want to share why we did this and what our experience was. TL;DR Our experience has convinced us that CockroachDB is the best horizontally scalable database choice in 2020.Why use a horizontally scalable database in the first place? Our top goal at Storj is to run the largest, most secure, decentralized, and distributed cloud storage platform. Our cloud storage holds its own against AWS S3 and Google Cloud Storage in performance and durability and also goes further by improving reliability since it’s fully distributed. In order to compete on the same scale as the big cloud providers it’s crucial we can scale our infrastructure. One of the ways we are doing this is by using a horizontally scalable database. To meet our first goal of storing an exabyte of data on the Storj network, the current architecture will store over 90 PBs of file metadata. Additionally, it’s vital that the Storj Network can withstand multi-region failures and still keep the network up and the data available. All of this is made relatively easy with CockroachDB!What about other horizontally scalable databases? We considered a number of different horizontally scalable databases, but for our needs, CockroachDB consistently came out on top. When considering a database that will horizontally scale there are three ...
Remote but Not Alone
The significant shift toward remote work brought on by the pandemic looks like it’s going to have a lasting effect mainly because of the long list of benefits, from increased productivity to general employee satisfaction. While the shift to remote work has a lot of great things going for it, one thing most newly remote workers will miss is the opportunity for face-to-face interaction. I’ve been fully remote for the last two years and for me, that was probably the biggest adjustment. Millions of Zoom meeting memes over the last few months make me think I’m not alone on this one. 1-on-1 meetings are a staple of effective management, whether they’re with direct reports, skip-level team members, peers, or mentees. 1-on-1s are an area where remote work actually makes things more challenging, especially when so much communication is non-verbal. That quick chat over lunch requires a Zoom meeting. You can’t step out to grab a coffee when you’re timezones apart. But — like all the other adaptations for remote work — there are ways to make remote 1-on-1s as effective as possible. Our team at Storj Labs is remote-first, meaning we’ve built all our processes with remote work top of mind. With team members in 14 countries, we’ve developed and tried a wide range of tools, techniques, and processes to make our remote team productive and happy. We use 1-on-1s as an important tool to keep our distributed workforce ...
Managing Remote Teams
Managing a remote team might be an entirely new concept for you. Because of COVID-19, many of us are working from home full-time, for the first time, and will be doing that for the foreseeable future. At Storj Labs, most of our team is already remote — we have employees in 26 different states and 13 different countries, so remote work and managing remote teams isn’t a new concept for us. We currently have three satellite offices, but coming into the office is optional. With that said, we’d like to share what we’ve learned over the years of managing remote teams with people who may be relatively new to the concept because of the pandemic.What is Remote First? You may have heard a lot about remote-first teams recently. In case you don’t know what that means, we’ll explain. Remote first means that the company’s organization complements working in remote environments. All information is shared online. There are processes to ensure that remote employees are not unintentionally treated as second-class citizens. All meetings take place over video chat with the ability to record if needed, even if the majority of attendees are in the same office — Slack, Zoom, and confluence are go-to tools in our remote-first workplace. You can read more about remote-first work cultures in a previous blog in this series. Here are a few examples of some challenges remote managers might face, as well as solutions.Challenge #1:...
Relationship Building Over Zoom
Storj Labs decided early on that Tardigrade.io, the leading globally-distributed cloud storage platform should be built by an equally distributed team. As a result, Storj now has workers spread across 24 cities in 13 countries. While we definitely know a thing or two about effectively managing remote teams, it doesn’t come without its challenges. Despite remote work becoming more popular and widely adopted — especially in a post-COVID-19 world — there are significant trade-offs, both for the company and the employee. In Buffer’s 2019 State Of Remote Work report, loneliness and collaboration ranked among the top three struggles for remote workers. This seems like a no-brainer, right? The basic definition of “remote” refers to faraway isolation, so feelings of alienation are expected. Regardless, the research and data on interpersonal connection at work are widespread and abundant — see here, here, and here — and it all comes to the same conclusion: social interaction is a key contributor to overall well-being, which directly impacts employee engagement and productivity. While remote work can never perfectly simulate in-office life, it’s important for companies to be intentional about making remote work feel less, well, remote. Many companies — Storj included — host a few company retreats each year in which all employees are brought together for face-to-face collaborative work and re...
How to Maintain Productivity in a Remote Environment
It’s difficult to be productive in even the best circumstances, but the current state of the world presents unique challenges. At Storj, the majority of our team works remote since day one, so we’ve had extra time to experiment with what works best in a distributed and remote environment. Here’s our best advice for maintaining productivity while encouraging a healthy work culture in a remote work environment:Get the timing right Get the time zones right. Storj’s workforce consists of about 50 people working across 20 cities in 11 countries, so we have many different time zones to work around. We don’t mandate everyone be available to work at specific times in the time zone because it would put too much strain on our employees: after all, noon in Utah is midnight in New Delhi. Instead of trying to force everyone into the same time zone, we’ve organized teams around timezones, while trying to avoid setting company-wide meetings outside of an hour or two window where everyone can convene. We’ve adopted this stance specifically to widen our opportunities in hiring, which means we aren’t constrained to hire by time zones or locations. Instead, we look purely at skill sets, going as far as making the application phase of our hiring process anonymous. This has allowed us to hire some of the best developers and employees around the world, and developers in locations that are much less competitive than the Bay Area, f...
Remote-first Versus Partially Remote Work Cultures
COVID-19 has forced nearly every company to adopt some semblance of a work remote culture. It’s great to see companies take the initiative in flattening the curve through social distancing. However, the work remote culture your organization adopted in response to COVID-19 is necessarily not a remote-first work culture. At surface level, it may seem like an organization has a remote-first work culture. Nearly everyone in the company works remote. All meetings are held using chat tools like Zoom and Google Hangouts. Maybe no employees have seen each other in person in months (and will likely not see one another for more months to come). None of this necessarily makes your organization a remote-first culture.Remote-first vs partially-remote work cultures There’s a big difference between being a remote-first company and being a remote-supporting (or partially-remote) company. A remote-supporting company may allow employees to work remotely, but the culture will lead others to treat them as second-class citizens — even if the majority of the company is forced to work remotely in light of COVID-19. If someone is invited to meetings, it may be only as an afterthought. Often, in remote-supporting companies, remote employees are less visible and may be the first to be let go during a downturn. However, in a remote-first company, all solutions are incorporated to allow the best possible experience for remote employees. Remot...
Changing the Security Paradigm to Push Access Management to the Edge
By John Gleeson, VP of Operations at Storj Labs With the paint barely dry on our production release of the Tardigrade Platform, one of the areas where we’re seeing the strongest interest from customers and partners building apps is our security model and access control layer. The security and privacy capabilities of the platform are some of the most differentiating features and they give our partners and customers some exciting new tools. Distributed and decentralized cloud storage is a fantastic way to take advantage of underutilized storage and bandwidth, but in order to provide highly available and durable cloud storage, we needed to build in some fairly sophisticated security and privacy controls. Because we had to build with the assumption that any Node could be run by an untrusted person, we had to implement a zero-knowledge security architecture. This turns out to not only make our system far more resistant to attacks than traditional architectures, but also brings significant benefits to developers building apps on the platform.Decentralized Architecture Requires Strong Privacy and Security From the network perspective, we need to make sure the data stored on our platform remains private and secure. At the most basic level, we need to ensure that pieces of files stored on untrusted Nodes can’t be compromised, either by accessing that data or preventing access to that data. We combine several different technologi...
General Availability for Tardigrade is Here
The internet was designed to be decentralized. When you send a message, stream media, or do a video conference, you don’t worry about which routers your data is passing through, who owns them, or whether some may be down. The decentralized model for internet communications has delivered multiple orders of magnitude of improvements in reliability, speed, and price. No one questions the appropriateness of leveraging TCP/IP for enterprise applications. However, leveraging decentralization for enterprise grade compute and storage has never been possible–at least until today. Being first is never easy, but it’s always notable. Today, we’re pleased to celebrate the launch of the world’s first SLA-backed decentralized cloud storage service. Two years ago, we started rebuilding our decentralized cloud storage network from scratch. Our previous network reached more than 150 petabytes of data stored across more than 100,000 Nodes — however our offering struggled to scale beyond those numbers, and we didn’t see it would deliver enterprise-grade parameters. It was a tough decision to make, but we can proudly say our rebuild was well worth the effort. Through an extensive beta period, with thousands of users and Storage Node Operators, we’ve been able to demonstrate enterprise grade performance and availability; we’ve delivered S3 compatibility; we’ve demonstrated 100% file durability for over 10 months, enhanced ...
More Storj (#STORJ) News
|Storj (STORJ) – A Relatively Unheard Crypto – Leads Gainers ...
The price of STORJ (pronounced 'storage') has increased by a little over 30 percent in the last 24 hours. According to CoinMarketCap, STORJ, an ETH token, is the 88th largest coin by market capitalization.
The token experienced a significant increase thanks to the NFT update on Friday. STORJ reached an all-time high of $0.97, a 43 percent rise from its 24-hour low.
Currently, the coin is selling at $0.9273, an increase of a remarkable 30.73 percent in the last 24 hours, according to statistics from CoinMarketCap. Additionally, its market capitalization soared from $245 million the day before to $371 million as of today.
STORJ is a platform for shared cloud storage. Instead of sending files to massive data centers, users can just store them in independent computers of the host.
STORJ Gets Strong Backing
Two requirements must be met to qualify as a host: a solid and speedy internet connection and terabytes of storage space. Users can make money by storing the files of others on their computers.
An announcement about major businesses embracing STORJ to store unique tickets, music, sports NFT assets, and gaming caused a sharp increase in the token's price. Europa Labs, Amuzed, and Ultimate Division are the company's newest NFT customers.
Suggested Reading | Top 5 Cryptos Taking A Major Beating In The Ongoing Market Mayhem
Crypto total market cap at $941 billion on the daily chart | .com
Amuzed is a blockchain-based music gaming platform that allows users to listen to their ...