The Storj project launches its own decentralized cloud storage app
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Answer The Storj project launches its own decentralized cloud storage app
The Storj project is similar to Filecoin but is generally geared towards enterprise customers, with cheaper rates than Amazon or Google.
After several months of testing, Storj Labs today announced the general launch of Tardigrade, a decentralized cloud storage service designed for enterprise users.
The Tardigrade network spans thousands of global nodes, with uploaded files encrypted and broken into smaller pieces before being widely distributed.
The offered prices of the new service seem very reasonable and even cheaper than Amazon and other related cloud storage services such as Google’s, according to the website. tardigrades.
Tardigrade is available to anyone who would like to apply to host a node and earn money by sharing storage and bandwidth for distributed files.
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According to Ben Golub, interim CEO of Storj Labs, Tardigrade is an evolution of the company’s original network, which has struggled with scalability.
He wrote in his post:
Two years ago, we started rebuilding our decentralized cloud storage network from scratch.
Our previous network had more than 150 petabytes of data stored across more than 100,000 nodes, but our offering struggled to expand beyond these numbers.
It was a difficult decision, but we can be proud that the rebuilding was well worth the effort.
Storj began work on the Tardigrade development last August, as described in the Golub post.
The company aims to meet certain criteria including maintaining 100% coil robustness and health and obtaining enterprise-wide Service Level Agreements (SLAs) prior to its large-scale launch.
Tardigrade is similar in approach to Filecoin, although the Tardigrade service has a more institutional focus.
Filecoin raised $257 million in its 2017 ICO, however it has delayed the launch of the mainnet most recently due to the impact of the coronavirus in China, where about 70% of its nodes are located.
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