[ANN] Storj - Decentralized Storage

[prophetx]

Regarding payouts...

You are paid for three things.   

1.  Gigabyte hours.  This can be thought of 1 gigabyte of stored data + 1 hour of having it online = 1 gigabyte hour.  If you have 50 gigabytes, and you have your node up for 744 hours in a month, you would have 37,200 Gigabyte hours.   You must have at least 744 gigabyte hours to earn a payout.

2.  Downloaded shards.  This is the data you are storing.  Every time the person who stored that data, downloads it, you earn some money.

3.  Telemetry.  If you are sending telemetry, you earn some money for this.



  Right now, Storj is in the roll-out phase of the billing system.  Where Farmers will be paid all-the-time via micropayments.   However, this is not yet rolled out, and customers cannot yet purchase storage from Storj.

So Storj is paying the Farmers themselves.  The amount they are paying is low.   On average you will make between $1 and $10 for the month.

This is expected to rise when the billing system has finished rolling out.

any ETA on this billing system?

[prophetx]

btw if anyone wants to trade some of your SJCX for some PepeCash on the XCP Dex - I would love to get some more SJCX

[bitcoinvest]

can be for example something not legal and after maybe ending up having problem with authorities or something?

These are encrypted fragments of files. Neither you, nor anyone controlling your computer, knows what is stored. When uploaded, these fragments are still sent encrypted, and decryption keys are never available to „farmers” (people earning SJCX by submitting their disk space and connection bandwidth).

It's a question that everyone who will join this network need know the answer, thank for that.

What about the payment address, i think there is not a problem for example i used the deposit address on Poloniex, normal right ?

[tempestb]

It's a question that everyone who will join this network need know the answer, thank for that.

What about the payment address, i think there is not a problem for example i used the deposit address on Poloniex, normal right ?

It's recommended not to use Poloniex for your wallet.  Don't ask me why.  Join the Rocket Chat at community.storj.io and ask in the channel #sjcx about it.

[tempestb]

any ETA on this billing system?

    No.  But, the first phase of paying for storage should be any day now.  They obviously have to make sure it is solid before putting it out there.  The web interface for paying for storage looks to be done, and they've already taken some payment from public Heroku devs, since they are partnered with them.  So it is imminent.

[griffen1102]

It's a question that everyone who will join this network need know the answer, thank for that.

What about the payment address, i think there is not a problem for example i used the deposit address on Poloniex, normal right ?

It's recommended not to use Poloniex for your wallet.  Don't ask me why.  Join the Rocket Chat at community.storj.io and ask in the channel #sjcx about it.

I'm pretty this is recommended because polo is an exchange and any coins you store on an exchange are technically "not yours". You don't hold the keys for that wallet and they are more susceptible to being lost. There might also be a more technical reason as well but I am not entirely sure about that.

[Arvydas77]

Very good news from Storj – Storj Labs Raises $3 Million in Seed Funding.

Today we are excited to celebrate an important milestone that supports future innovation for Storj. Storj Labs, the company that develops the open-source network software and provides easy to use tools for the Storj network, has raised $3 million in seed funding. Angel investors from venture capital firms Google Ventures, Qualcomm Ventures and Techstars, as well as industry leaders in the technology security space, including Cockroach Labs, Ionic Security, and Pindrop Security, are among the early backers.

Data centers serve as cloud storage hubs for web service giants like Amazon, Microsoft, and Google. But data centers come with a high price tag for developers, providers and users, with an even higher cost associated with data failures and security breaches. From physical servers and networking equipment to other infrastructure demands like electricity, cloud service providers spend billions of dollars every quarter just to maintain or grow their service offerings.

Storj Labs aims to disrupt traditional cloud storage by offering faster speeds, heightened security, better performance, and a more cost effective storage solution. Storj Labs provides easy to use tools so that any developer can use the Storj network, without having to be an expert in distributed networking or encryption. Ease of use allows us to get the Storj network into as many hands as possible without compromising the distributed and decentralized nature of the network.

We have surpassed 15,000 API users who leverage the Storj network for secure and decentralized data storage. We are thankful for the continued support of the community, and can’t wait to show off all the new features we have been working on, made possible by this financing.

[bitcoinvest]

very good news indeed regarding the seed funding. looks like a good project, if people accept it will have a goof feature also.
Regarding the wallet. does anyone has to propose a multi-wallet? preferably for osx?

[metropolit]

If this project wants to get HUGE/MAINSTREAM they need to offer Paypal and Credit Card payments.

[huarongdaocn]

What is the total amount of STORJ

[prophetx]

very good news indeed regarding the seed funding. looks like a good project, if people accept it will have a goof feature also.
Regarding the wallet. does anyone has to propose a multi-wallet? preferably for osx?

can you rewrite that in proper English, hard to make sense of what you are asking for.

[Triload]

Storj has caught so many people's eyes, they are now operating a top startup like other startups, and you are great, not many teams can get seed funding.

[kaconk]

If this project wants to get HUGE/MAINSTREAM they need to offer Paypal and Credit Card payments.

offer paypal and CC payment and exchange to storj for to pay the service. its good, right? 

[pedrog]

If this project wants to get HUGE/MAINSTREAM they need to offer Paypal and Credit Card payments.

If you believe that's what it needs you can build that service and make money from it.

[solix]

What is the total amount of STORJ

500M XCP tokens. Only 10% of the coins are in circulation, be mindful of that when you use a storage coin as a "store of value". I think the investment round will be _great_ for Storj Labs, but for SJCX? Harder to say... if the coin is too expensive folks won't want to use it over a centralized storage solution. A project like this seems great for end users, more dubious for "investors".

[UnunoctiumTesticles]

Would like to get update on the project ?
Bought some on poloniex and seems very promising as a trusted coin . 

[Financisto]

blog.storj.io

https://twitter.com/storjproject

https://www.facebook.com/storjproject

[krile]

Any problems with storj rocket chat?

Cant login, password reset wont send the reset email...

[dmz241]

Have a question.
https://jpst.it/UlEr

Its been like this for sometime is it running or what?

[tempestb]

I think the investment round will be _great_ for Storj Labs, but for SJCX? Harder to say... if the coin is too expensive folks won't want to use it over a centralized storage solution. A project like this seems great for end users, more dubious for "investors".

  SJCX isn't used to buy storage from Storj.   Storj is starting with USD payments via credit card.  SJCX is used by Storj to pay farmers.  You, initially, can't even pay for storage with it.  Bitcoin is supposed to be offered next, and then later SJCX.