Storj explained

Crypto Cruising

Storjcoin make could storage cheape it is a decentralized, open source, file storage solution. Storj uses file sharding, encryption and a hash table built on blockchain to keep user files safe on a peer-to-peer (P2P) network. The concept behind Storj is to make sure that cloud data storage becomes a private affair, cheaper and faster, which is currently not the case. There are several limitations that conventional cloud storage solutions like Google Drive and Dropbox have, which Storj is trying to eliminate. Most of these platforms store data in a very redundant manner. The bandwidth from their data centers are often subject to unprecedented attacks, outages and from time to time access to files is restricted. Besides, the data stored on these platforms is not even private. These companies simply have a lot of control over your files, and how easily you can access them whenever you want to.

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