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There are good altcoins and there are bad altcoins. Litecoin has remained unchanged for too long, and brings nothing to the table. Literally the only reason Litecoin is popular is because it got picked up early on. Litecoin will see its demise, and legitimately decent coins such Counterparty, Darkcoin, and BitShares will still shine.
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Maidsafe seem to be ahead in the development stage.
How so? Check their progress and number of pull requests, the work done has been massive. I still don't see a working beta or anything though. Storj recently launched its first beta, and you can see those distributed farmers here: https://live.driveshare.org/Then again, it's all about cooperation. No need to back one or the other - Storj and MaidSafe plan on some amount of integration with one another. |
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Maidsafe seem to be ahead in the development stage.
How so? |
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what different storj with dropbox??
Storj is decentralized. On top of that, Storj allows for the creation of applications on top of the network. |
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Hey all, if anybody has any questions regarding Storj I would be happy to answer them!
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Group A testing - the first round of beta testers - for DriveShare launched last night on the Storj network. You can see these new farmers here https://live.driveshare.org/. |
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Seriously, if you consider buying into this.... wow.
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Considering I have over 2 TB of space just on my normal hard drive, i'd love to use this. It looks really cool.
We have removed our whitepaper because we want to refine it a bit more. At least according to those numbers if you sold you hard drive at Dropbox prices you would make $2,000 a year off your 2 TB. You will be a very happy camper when we add proof of resource to Storj. We aren't promising that quite yet as the computer science algorithms need a ton more work, but you might be able to run a web node (if you don't mind doing a decent amount of config) and make a nice sum of coins that way. If there's decent documentation on how everything works I won't have a problem doing any of that stuff. I don't care how much I get paid really, as long as it's noticeable that something is happening. The problem is that the 2 TB is split between being half on my 2 TB hard drive and the other half on an empty 1 TB external. An easy solution would probably just be to partition my main drive. EDIT: If you have any kind of beta for this, please let me know. I'd be eager to help work out bugs and just generally help with this. EDITEDIT: I just looked on the website and entered my email, didn't see that before. Our early supporters will get to play around with the web nodes. Those just get stuff working and allow you to play around with our platform. Should not be a problem when we have our apps for that. We also plan on working with Maidsafe for the whole sell your hard drive part. A couple questions: 1.- So this is an encryption protocol by which images/documents/files will be "saved" to hard drives of people's computers all over the world, presumably in parts, am I right? If I am, the likelihood of those parts of files being lost or otherwise inaccessible, is very high, so I'd imagine there will be numerous "backups" with the search jumping from one to another until finding the right, complete file/folder which is requested... if that is the case, how is this going to compete or even use remotely close numbers to dropbox, that you mention, when they have DEDICATED server accessible 24/7? And since so many people will be paid for their storage, either insignificant payments will be made or it would result in non competitive prices... what am I missing? 2.- Since this will be completely decentralized, people will be storing in their computers, unknowingly, everything from child porno to unlawful contracts of every kind, from drugs and weapons to human parts... how do you plan on avoiding legal enforcement giving the seriousness of the items? Yo DO know that such activities will not only BE LOCATED but shot down and with the responsible parties (that would be you or anyone that facilitates and/or makes money facilitating such activities) thrown in jail, don't you? 1) You set the redundancy a file is stored at. If a node stops carrying a file or goes offline, it will fail a 'check-in' for that data by the network. The network will heal this missing file by taking an existing copy and rehosting it to a new node to maintain redundancy. If you're still scared of files going down, you can set redundancy to 50 or even higher - just keep in mind these are quite small micropayments to hosts so even redundancy at 50 won't cost too much relative to, say, Dropbox prices. Keep in mind that bandwidth is also taken into account, not just storage. 2) Considering the encryption involved, though it isn't impossible to break, it will be extremely hard to figure out what a file is that is being stored on a node's hard drive - so hard in fact that it would be virtually useless to try to break the encryption. In that way, you can't really get in trouble as a host because there is essentially no way to see what is being stored on your hard drive. On the flip side, if you are storing something illegal on the network, you yourself can get in trouble if LE confiscates your computer. Considering that people will be using things like VPNs and that all you have is an address for SJCX, even then you wouldn't be able to tell what node is storing the illegal content. So while for these examples you can't say FOR SURE that the encryption would be cracked back to the storee or forward to the storage node, it would most likely take such an incredibly long time and a huge amount of computing power that it would be useless to try (to the point that even with a supercomputer or something of the likes it would take billions of year to brute force). This isn't to say that Storj is made for illegal content, though. We've been passing around ideas for things like if a storee or node makes it public knowledge that they are facilitating the transfer of illegal content, they can be blacklisted. |
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You are running the risk of legal issues by using the term 'crowdfund' - I suggest changing it to 'crowdsale'.
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Only replying to this thread because later on I want to be able to say "I told you guys this was not a good investment." Seriously, I hate people who yell "Scam!" but y'all will fall for anything that has nice graphics. Especially looking at the history the mining industry has had, you guys are going to get burned.
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Count me in  |
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Oooo can't wait to get some once trading is open!
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Both Burst coin and Storj coin have announced they intend to develop decentralized storage facilities, but I don't know if either of them have actually done it yet.
As far as I know, Burst is PoC, which is interesting in itself but won't allow for decentralized storage. If I missed some info about Burst, could you link me to where you read about this? I am interested. Storj on the other hand is a blockchain-based decentralized cloud storage platform. We currently have a working early version of our file-sharing application MetaDisk available at http://node1.metadisk.org/ and we expect our DriveShare application, which will allow users to rent out their excess hard drive space to the network, to be out by the end of this year. Take a peek at https://github.com/storj if you would like to see how far we are! Some links for more info: http://storj.io/http://metadisk.org/http://driveshare.org/https://twitter.com/storjproject |
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Bittrex has voiced security concerns with assets, and in our case, Counterparty assets. We have yet to see whether these concerns are legitimate. |
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No need to choose between Storj or MaidSafe. They have their differences and they have their similarities, but considering there should be some integration with one another at some point, one won't really have to choose.
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Storj is frozen in Polo, what happened?
Poloniex was the victim of a DDoS hack earlier today, but everything is back to normal. SJCX as well is not frozen. |
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