Ever had an important file or data you want to stash away some place safe? I guess that’s a rhetorical question, we all have data we fear we might loose , so we back them up on external hard drives like computers of friends and family, iCloud , Google Drive, drop box, you name them. But we still have that tingling feeling that what if, yes what if something terrible went wrong? what if this important data falls into the hands of a someone who might take us to the cleaners?is that even a possibility?
I’m afraid it is, most of these storage platforms are centralized ones that have servers which can be hacked and possibly fall into the hands of dangerous people who can take control of peoples data and do as they please, the centralized nature of these platforms also leaves a possibility for data to be lost following damage or other problems with the server without little or no possibility of ever retrieving the lost data as most data are stored in a single centralized network, some might argue that maybe the chances of all these happening are very slim, but I’ll have to argue that since there’s a chance ,no matter how slim it is,its a chance and we could be a victim to this small loophole, wouldn’t we be more comfortable if there was a way to save our data in a lot more safe environment without fear of theft or loss? I guess that's another rhetorical question ?
Introducing Memority; a decentralized blockchain based platform for the storage of data, on this platform once data is stored the system automatically keeps 10 file copies on different and independent storages all over the world ,this takes care of fear of ever loosing or retrieving your file from the platform. The centralized nature of the network also ensures anonymity of a user as accessibility of files is only through the use of the individual’s encrypted private key (128 bit key).
Users of this platform can also have an advantage to store data for free if they provide space for data for other participants on their own computers, this decentralized platform is cryptocurrency based one through which all operations are done.
The memority platform will be accessible through the EMT tokens which are converted to MMR tokens on the platform , the MMR tokens are the ones to be used in payments to obtain data space for storing data, and also for also developing applications on the memority platform and for also becoming a miner on the platform , investors on this platform that have a minimum of 10,000 EMT tokens alsohave a chance to be miners where they stand to gain from the 5% of all fees,payments or purchases done on the platform shared amongst investors according to their contributions.
I guess data storage can’t be too safe, but the safest it can get is with the Memority platform.
For more info on memority EMT tokens and MMR tokens visit
memority website
Announcement thread
https://bitcointalk.org/index.php?topic=3952669
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