Posted by Revising the previous content, I would like to clear off the confusion and concepts about Centralized and Decentralized cloud storage methods. Centralized Cloud Storage is the storage which has a central access to coordinate the transactions. As it is self-explanatory now, Decentralized Storage is the exact opposite of Centralized Storage. It is hosted and coordinated by the public itself. In simple words, Decentralized Cloud Storage is a peer-to-peer (P2P) network.
WHAT IS CO-OPERATIVE DATA STORAGE?
Co-operative Data Storage uses the decentralized model of online storage where public stores their data on multiple nodes which are located on the platform hosted by them. However, the total storage contributed by the public should be less or equivalent to the total space needed by them. Below given is a diagram which explains the architecture about Co-operative Data Storage.
For now, there are four decentralized cloud platforms such as Filecoin, Maidsafe, Siacoin, and storj. The main objective and primary purpose of deploying this storage are to rent your unused space to others to make their data redundant. Imagine you are a houseworker and you own a 1 TB hard disk which is not even being utilized enough up to its potential. With the help of decentralized Storage cloud platforms, you can rent your HDD space to public and earn in dollars; HOW ABOUT THAT? DON’T WANT EASY MONEY ??.
You can read more about this technology and platforms by clicking Here.
- Let’s talk about STORJ
STORJ is a cryptocurrency, blockchain based digital payment system which uses Ethereum’s principles of Data Retrieval. Click Here to know more about Ethereum.
More about STORJ :
- STORJ is an open source distributed Cloud Storage
- Block chai based, distributed system
- The user who stores his data has the only access to it
- Uses Data storage and Data Retrieval methods of Ethereum
- Safe, Reliable, end to end encryption
- You can earn quick money by renting your hard drive space
RENT YOUR HARD DRIVE SPACE, JUST DO A QUICK SIGN UP AND GET STARTED!
links: 1. STORJ home site
2. Join the STORJ Community: Click here
3. Tutorials about STORJ : Click here
4. STORJ Blog: Click here
CHECK OUT THIS AMAZING VIDEO TO KNOW HOW STORJ WORKS!
**Some snapshots of STORJ**
We look forward to posting more about cryptocurrency and related platforms in our further posts. Stay Tuned!
