I am planning to become a Storj farmer using raspberry pi. Intially want to use just raspberry pi and my existing 2 TB hard drive. If it works planning to buy more. Tomorrow I will be getting my SD Card delivered for Raspberry pi. I will try to and configure and let you know the steps/issues. Not sure whether I will be able to make any big money but atleast wanted to give it a try :) Happy Farming .....
For those who doesn't know what storj ....
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Storj (pronounced: storage) aims to become a cloud storage platform that can’t be censored or monitored, or have downtime. It is the first decentralized, end-to-end encrypted cloud storage that uses blockchain technology and cryptography to secure your files.
Storj is a platform, cryptocurrency, and suite of decentralized applications that allows you to store data in a secure and decentralized manner. Your files are encrypted, shredded into little pieces called 'shards', and stored in a decentralized network of computers around the globe. No one but you has a complete copy of your file, not even in an ecrypted form.
Because of this, Storj can be faster, cheaper, and more secure than traditional cloud storage platforms. Faster because multiple machines are serving you your file simultaneously, cheaper because you are renting people's spare hard-drive space instead of paying for a purpose-built data center, and more secure because your file is both encrypted and shredded. There is no need to trust a corporation, vulnerable servers, or employees with your files. Storj completely removes trust from the equation.
Storj uses blockchain features like a transaction ledger, public/private key encryption, and cryptographic hash functions for security.
Do you think it will be cheaper than AWS Cloud Storage S3??? Is Decentralizing the data really beneficial?? Leave your comments