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Storj (STORJ)

€ 0,57561

3,11 % € 0,01790
24h 1w 1m 1y All

Storj Price in Euros

(STORJ to EUR)

€ 0,57561

Storj Volume

(24h)

€ 26.77 M

Market Cap

(Storj)

€231.3 M
BTC

What is Storj

Storj, read as “storage”, is a cryptocurrency-powered platform that functions as a cloud storage alternative. This open-source system utilizes decentralized node networks for hosting user data, and it provides unused space in the hard drive to anyone running the software and in need of storage for file safekeeping.

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How does Storj work?

There are three components that enable the Storj platform to carry out its functions, and these are uplinks, storage nodes, and satellites. Files that are uploaded on Storj (by the users) are passed on - by piece – to a global system or chain of independent nodes, and these files are safely and securely recompiled so they can be easily downloaded when someone requests for them.

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How to buy Storj?

It's easy to buy Storj (STORJ) using a crypto exchange like Coinmerce. You just indicate how many Storj (STORJ) you want to buy, whereafter Coinmerce will perform the transaction.

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How to buy Storj?

You want to buy Storj? You can buy Storj using Creditcard or SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see Storj, use the search function to search for Storj and click on the name. You can indicate for how many euros you want to buy Storj in the right window. Below is shown how much Storj you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy Storj when the price of Storj reaches your entered value. You can also execute a repeating order. Do you want to buy Storj with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive Storj.

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About Storj

John Quinn and Shawn Wilkinson established Storj Labs in 2014. It’s the company that develops and manages the Storj blockchain. That same year, the company collected approximately 910 BTC (Bitcoin) during a public crowdsale. In 2017, Storj Labs raised additional money when it collected seed funding worth $3 million. In the latter part of the year, the company organized a token sale that drew in about $30 million. The three main components of Storj are essential factors in powering the network. The Uplink component is the one that connects to the client’s device or machine and sends the files to the network. Storing and retrieving data are important functions of this component. Storage nodes are the ones that provide users with the storage space on the hard drive. For a small fee, users can store and retrieve data. Satellites are the ones that manage uplinks and storage nodes traffic, as well as the efficient distribution of payments.

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Founder Shawn Wilkinson
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Founder John Quinn
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Founder
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Founder
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Founded 2017
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Industry Cloud Storage
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Website Website
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Network Ethereum
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Location United States of America
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Rank 308
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Market Cap 231.3 M
euro
Trading volume 26.77 M
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Maximum coins 0
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Circulating 399.09 M
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