[ANN] Storj - Decentralized Storage

[ThePurplePlanet]

Great concept but I find it hard to use all these coins for prediction markets or whatever proposed they are so illiquid. Developed on top of bitcoin to use bitcoins liquidity has greater chances of success imo.

[1714100638]

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[1714100638]

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[1714100638]

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[super3]

Your mention of the 1MB limit on encryption and its corresponding footnote 5 & 6 is an odd one. You talk about encryption of files being limited to 1MB (will get to that in a moment). But, one footnote points to a blog entry where, if you scroll to the bottom, you'll see that the problem with 1MB is related to upload which has a resolution. The other footnote talks about download. Everyone knows that we can upload and download greater than 1MB with a browser. Neither footnote talks about a limit around encryption.
Let's talk about 1MB limit around encryption. This is also not true. Visit the SJCL encryption demo website. You can paste a >1MB string in there and press the button to see it encrypted. Try it here: http://bitwiseshiftleft.github.io/sjcl/demo/
So am I missing something or have you not done a Proof-of-Concept yet?

You didn't read the rest of the thread. I will give you 50 mBTC if you can find an javascript clientside encryption library that can handle up to a 10 GB file. Uploading a file is easy. Uploading and simultaneously encrypting the file is hard. You end up exceeding the memory limits of the browser as you to the crypto-computation. Mega is the only one I know that does large file client side uploads, and I think their tech only works on Chrome. Their code isn't exactly open source.

All the demos seem to stop at a few megabytes. We need a encryption library that handles gigabytes, and I don't think they is one out there currently open source(at least from my search). We might have to build one. Prove me wrong.

As far as a desktop client that is easy peasy. If we add a chrome extension, that can make it easy too. Just trying to achieve end-to-end encryption without the user having to install anything. Storj itself has no file size limit, its just the browser tech is a little bit behind on end-to-end encryption that we want for our web nodes. We currently have full server side encryption implemented(which is more than anyone currently does), but we want this to be paranoid level secure.

[R2D221]

Mega is the only one I know that does large file client side uploads, and I think their tech only works on Chrome. Their code isn't exactly open source.

Mega also works on Firefox. There's an extension, but it's optional. Maybe we could download the extension and see its source to find if encryption is done there...

[tmu]

How is encryption done in spideroak? https://spideroak.com/
Their cloud storage is accessible with browser and they use client side encryption.
And they don't have any limitation on file size.

https://github.com/SpiderOak/crypton
https://crypton.io/
https://blog.spideroak.com/20130123130638-spideroaks-analysis-and-recommendations-for-the-crypto-in-kim-dotcoms-mega-part-one
https://www.leviathansecurity.com/blog/spideroaks-crypton-design-and-implementation-evaluation/

There is also javascript client https://github.com/SpiderOak/crypton so You can send bounty to 1JCWqvwio3iaPyvQoSmVVSNnyP4QYe5tDB 

-tmu

[super3]

How is encryption done in spideroak? https://spideroak.com/
Their cloud storage is accessible with browser and they use client side encryption.
And they don't have any limitation on file size.

https://github.com/SpiderOak/crypton
https://crypton.io/
https://blog.spideroak.com/20130123130638-spideroaks-analysis-and-recommendations-for-the-crypto-in-kim-dotcoms-mega-part-one
https://www.leviathansecurity.com/blog/spideroaks-crypton-design-and-implementation-evaluation/

There is also javascript client https://github.com/SpiderOak/crypton so You can send bounty to 1JCWqvwio3iaPyvQoSmVVSNnyP4QYe5tDB 

-tmu

Very useful piece of information that I may have overlooked in my researched. We will look into this. TxID: 5b564d28f27ef7f97be509c0bf129504a22c1be111271f0cf4be4e2d35c9c94c

[super3]

We launched a new website yesterday. Check it out at: http://storj.io/

[Search]

We launched a new website yesterday. Check it out at: http://storj.io/

great new web.

[KyrosKrane]

We launched a new website yesterday. Check it out at: http://storj.io/

There's a small contradiction on the home page. Under "EARN MONEY" it says, "With Storj you'll be able to earn money just by hosting files for the network on your computer."  But then under "TOKEN AND BLOCKCHAIN", it says "Some day soon, you will even be able to sell your unused storage space to our network."  One of those two needs to be clarified a bit as to whether selling your own storage space is a launch option or not.

[bitsmichel]

This could get really big.  Are there copies of your data distributed inside the network similar to say, HDFS?  Would it be possible to interact with the network using bash?
 
I have some servers, say I would put a server up with 1 TB, can you give an idea (very rough estimate) how much you would earn per month for opening it up? 0.0001 BTC? 0.01 BTC? 1 BTC?

[super3]

This could get really big.  Are there copies of your data distributed inside the network similar to say, HDFS?  Would it be possible to interact with the network using bash?
 
I have some servers, say I would put a server up with 1 TB, can you give an idea (very rough estimate) how much you would earn per month for opening it up? 0.0001 BTC? 0.01 BTC? 1 BTC?

Using Dropbox rates and redundancy that would be about 0.7415 BTC per year at current rates.

[Search]

This could get really big.  Are there copies of your data distributed inside the network similar to say, HDFS?  Would it be possible to interact with the network using bash?
 
I have some servers, say I would put a server up with 1 TB, can you give an idea (very rough estimate) how much you would earn per month for opening it up? 0.0001 BTC? 0.01 BTC? 1 BTC?

Using Dropbox rates and redundancy that would be about 0.7415 BTC per year at current rates.

It is not cheap.

[Catastrough]

Sounds interesting, except there is no explanation on how they've solved all the huge SOCIAL problems that go along with this - I don't think they have.

[Catastrough]

I can run a botnet and pretend to store 100 copies of your data - but I've only got 1 copy (stored on some poor schmuck's malware infected PC). You're paying me a fee * 100 to keep your data safe, I earn a nice little income.

[Catastrough]

When it comes time to send you the data, I just delete it - LOL! You already paid me to store it over the last year. So, what's the solution to this scenario?

[bitsmichel]

When it comes time to send you the data, I just delete it - LOL! You already paid me to store it over the last year. So, what's the solution to this scenario?

I am not the owner of this software, but I think you want to solve this trough having several copies inside the network. This is what HDFS (the google filesystem) does.
Of course, an attacker could host a lot of files on a botnet and take the whole botnet offline.  Alternatively, you could spread tiny files across the network, of which a large group has a copy.  If I am not mistaking, this is something that bittorrent is doing. It could have like a reward system, if you upload data or participate in supporting the network you get a small btc ?

Another issue is speed and availability. Someone turns their computer off, you dont want the files to disappear for say 12 hours. If you store say a movie, you dont want it to be transfered at 2 kb/s.

[super3]

We launched a new website yesterday. Check it out at: http://storj.io/

There's a small contradiction on the home page. Under "EARN MONEY" it says, "With Storj you'll be able to earn money just by hosting files for the network on your computer."  But then under "TOKEN AND BLOCKCHAIN", it says "Some day soon, you will even be able to sell your unused storage space to our network."  One of those two needs to be clarified a bit as to whether selling your own storage space is a launch option or not.

So I've been listening to what you all have been saying about Storj, and we are rewording based on that. People are most interested in selling their hard drive space for Storj, and have a decentralized file storage platform. It is the role of Metadisk and other to provide the nice drag-and-drop, and sync everyone is used to. By separating them we avoid confusion.

[super3]

The whitepaper should answer these two questions, but I can summarize because tldr;

I can run a botnet and pretend to store 100 copies of your data - but I've only got 1 copy (stored on some poor schmuck's malware infected PC). You're paying me a fee * 100 to keep your data safe, I earn a nice little income.

Essentially each copy has a fingerprint, so you can't pretend to hold copies you don't have.

When it comes time to send you the data, I just delete it - LOL! You already paid me to store it over the last year. So, what's the solution to this scenario?

You won't be paid a year in advance. Check in time will probably be anywhere from an hour to a day, and perhaps you only get paid after you have provided that. In other words you won't get paid for a service that you didn't provide.

[super3]

When it comes time to send you the data, I just delete it - LOL! You already paid me to store it over the last year. So, what's the solution to this scenario?

I am not the owner of this software, but I think you want to solve this trough having several copies inside the network. This is what HDFS (the google filesystem) does.
Of course, an attacker could host a lot of files on a botnet and take the whole botnet offline.  Alternatively, you could spread tiny files across the network, of which a large group has a copy.  If I am not mistaking, this is something that bittorrent is doing. It could have like a reward system, if you upload data or participate in supporting the network you get a small btc ?

Another issue is speed and availability. Someone turns their computer off, you dont want the files to disappear for say 12 hours. If you store say a movie, you dont want it to be transfered at 2 kb/s.

Already addressed in the whitepaper. A botnet hosting a bunch of files should not really have an effect on file availability. Speeds will slow down a bit as the network repairs the redundancy, but no one should really notice.

[super3]

about evidence of source, do you get more compensate if you have the sources on a don't succeed secure evidence remedy, instead of RAID0?

Sorry, but I don't understand your question.

[smilence]

Some questions:

1.  Is it scalable? If you make it work, it'll be the largest hard drive on the internet ,right?
2.  I know it's "Proof of  Bandwidth and Storage", But how to earn more money by hosting files?
3.  How to invest your project , any IPO plan ?