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Author Topic: [ANN] Storj - Decentralized Storage  (Read 389688 times)
devthedev
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May 18, 2014, 07:34:13 PM
 #161

Regarding #3, how exactly would the site make profit to pay out investors? From what I've seen they'd like to keep it as decentralized as possible.
Posted from Bitcointa.lk - #Q2woHjZNwNHPgV8r

lunokhod2
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May 20, 2014, 10:18:25 PM
 #162


"How are you going to distribute the initial coins, if not by proof-of-burn?"
For protocoin(let's just call it that for now) standard genesis address funding, most likely using the Angelshares model. We would rather use the BTC to further development then destroy it. I'm thinking of a very interesting equity and mining distribution. I'll be combining all the models that have seemed to have worked over the few months, and adding some of my own.

Quick question about an old post: Have you thought about using peershares for the initial ipo/coin distribution?
super3 (OP)
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May 22, 2014, 05:02:12 PM
 #163

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 ?
1. That is the idea. We leverage all of the networks we could think about, so there will always be "enough" hard drive space on the Storj network. Here is a little screengrab of the current sources we are planning out. I think tahoe-lafs is missing from that list.


2. Well its specifically Proof of Storage. Proof of bandwidth may not be needed if the reward mechanisms work right. Not sure of your question. You host someones files and get paid through the network.
3. We will be releasing some details about a crowdsale soon. You put BTC into the genesis address, and you get two tokens. One has a blockchain which we run Metadisk, and is mined. The other is not mined, but runs on the bitcoin blockchain, and can be used to buy and sell storage.

Three ways in which money returns to contributors indirectly:
1) Speculative increase. Remember you have two completely unique coins, so I expect the market will behave like it always does.
2) One of these coins is needed to make Metadisk run. So as people use Metadisk to share and store files on the web, the nodes will be buying the coins off the exchange. This is the only coin that I know of that has a direct use case other than just trading and buying goods.

Direct earnings:
1) Running Metadisk nodes
2) Renting out your hard drive space through Storj software

Bitcoin Dev / Storj - Decentralized Cloud Storage. Winner of Texas Bitcoin Conference Hackathon 2014. / Peercoin Web Lead / Primecoin Web Lead / Armory Guide Author / "Am I the only one that trusts Dogecoin more than the Federal Reserve?"
super3 (OP)
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May 22, 2014, 05:04:02 PM
 #164


"How are you going to distribute the initial coins, if not by proof-of-burn?"
For protocoin(let's just call it that for now) standard genesis address funding, most likely using the Angelshares model. We would rather use the BTC to further development then destroy it. I'm thinking of a very interesting equity and mining distribution. I'll be combining all the models that have seemed to have worked over the few months, and adding some of my own.

Quick question about an old post: Have you thought about using peershares for the initial ipo/coin distribution?
Because Storj is multi-token and multi-blockchain, we could perhaps release a token once peershares is stable and has a good feature set. As the Peercoin web lead, I'm watching Peershares very carefully anyways. 

Bitcoin Dev / Storj - Decentralized Cloud Storage. Winner of Texas Bitcoin Conference Hackathon 2014. / Peercoin Web Lead / Primecoin Web Lead / Armory Guide Author / "Am I the only one that trusts Dogecoin more than the Federal Reserve?"
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May 23, 2014, 02:43:02 AM
 #165


When you are ready I can make available a considerable amount of storage on 10G fiber..


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May 23, 2014, 04:44:44 AM
 #166

do nodes get paid with storjcoins?
super3 (OP)
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May 23, 2014, 03:39:11 PM
 #167

do nodes get paid with storjcoins?
If your running the software on your computer you get paid in Storjcoin. If you are running a public node then you can get storjcoin or bitcoin.

Bitcoin Dev / Storj - Decentralized Cloud Storage. Winner of Texas Bitcoin Conference Hackathon 2014. / Peercoin Web Lead / Primecoin Web Lead / Armory Guide Author / "Am I the only one that trusts Dogecoin more than the Federal Reserve?"
infernoman
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June 01, 2014, 03:15:20 AM
 #168

signed up for the early access.
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June 01, 2014, 12:24:00 PM
 #169

I can undestand a "proof of backup" - I take a hash of my file at many different, wacky offsets, then ask for hashes made at these offsets every once in a while, to prove "they've" still got my data. But how do I know "they'll" actually send it to me when I need it?
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June 01, 2014, 05:33:31 PM
 #170

I can undestand a "proof of backup" - I take a hash of my file at many different, wacky offsets, then ask for hashes made at these offsets every once in a while, to prove "they've" still got my data. But how do I know "they'll" actually send it to me when I need it?
Because you pay them for the transfer as well. If the don't deliver data for some reason you can terminate the contract and have the data hosted somewhere else. 

Bitcoin Dev / Storj - Decentralized Cloud Storage. Winner of Texas Bitcoin Conference Hackathon 2014. / Peercoin Web Lead / Primecoin Web Lead / Armory Guide Author / "Am I the only one that trusts Dogecoin more than the Federal Reserve?"
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June 01, 2014, 09:01:57 PM
 #171

We have our own forum now at http://storjtalk.org. We will be giving out 1 SJ0 per post when we do our crowdsale soon.

Bitcoin Dev / Storj - Decentralized Cloud Storage. Winner of Texas Bitcoin Conference Hackathon 2014. / Peercoin Web Lead / Primecoin Web Lead / Armory Guide Author / "Am I the only one that trusts Dogecoin more than the Federal Reserve?"
lunokhod2
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June 01, 2014, 09:39:32 PM
 #172

We have our own forum now at http://storjtalk.org. We will be giving out 1 SJ0 per post when we do our crowdsale soon.
I just tried to create an account there on the forum, but I keep getting "The following errors were detected in your registration. Please correct them to continue: You did not answer the verification questions correctly." I tried several times with different captchas...
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June 01, 2014, 11:14:21 PM
 #173

We have our own forum now at http://storjtalk.org. We will be giving out 1 SJ0 per post when we do our crowdsale soon.
I just tried to create an account there on the forum, but I keep getting "The following errors were detected in your registration. Please correct them to continue: You did not answer the verification questions correctly." I tried several times with different captchas...
Sorry about that. Was trying to weed out the spam, but might have made the questions/captchas too hard. Try again. If you have any problems then just ping me and I will add you manually.

Bitcoin Dev / Storj - Decentralized Cloud Storage. Winner of Texas Bitcoin Conference Hackathon 2014. / Peercoin Web Lead / Primecoin Web Lead / Armory Guide Author / "Am I the only one that trusts Dogecoin more than the Federal Reserve?"
devthedev
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June 02, 2014, 12:24:51 AM
 #174

any patent problem with Storj ? http://www.jstor.org/

JSTOR vs Storj

Don't think they'll be an issue...

super3 (OP)
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June 02, 2014, 12:26:40 AM
 #175

We have our own forum now at http://storjtalk.org. We will be giving out 1 SJ0 per post when we do our crowdsale soon.

weariness for too much IPO. hope STORJ good lucky!
any patent problem with Storj ? http://www.jstor.org/
We are not doing an IPO. Thats only for silly little altcoins. Cheesy

We are doing a crowdsale so we can have more full time developers on the project. Working out the final details this week. I think once we release the details you will see that this is way different than what you are used to.

We should be fine on that.

Bitcoin Dev / Storj - Decentralized Cloud Storage. Winner of Texas Bitcoin Conference Hackathon 2014. / Peercoin Web Lead / Primecoin Web Lead / Armory Guide Author / "Am I the only one that trusts Dogecoin more than the Federal Reserve?"
cryptrol
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June 02, 2014, 07:02:15 AM
 #176

In the event that this is open source, will you release the code before the crowdsale ?
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June 02, 2014, 03:34:39 PM
 #177

In the event that this is open source, will you release the code before the crowdsale ?

It is open source. Wouldn't have it any other way. All our code is public. We will be constantly releasing code before and after the crowdsale.

Bitcoin Dev / Storj - Decentralized Cloud Storage. Winner of Texas Bitcoin Conference Hackathon 2014. / Peercoin Web Lead / Primecoin Web Lead / Armory Guide Author / "Am I the only one that trusts Dogecoin more than the Federal Reserve?"
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June 02, 2014, 04:55:07 PM
 #178

When's the updated whitepaper going to be published?

Any ETA on a working alpha release?

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June 02, 2014, 07:34:37 PM
 #179

still can't register at the forum...
Posted from Bitcointa.lk - #UShqrIvJ3iw71Qnd

Check out BitcoinATMTalk - https://bitcoinatmtalk.com
super3 (OP)
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June 02, 2014, 10:36:51 PM
 #180

still can't register at the forum...
Posted from Bitcointa.lk - #UShqrIvJ3iw71Qnd
Changed the verification questions. Should be a bunch easier now.

Bitcoin Dev / Storj - Decentralized Cloud Storage. Winner of Texas Bitcoin Conference Hackathon 2014. / Peercoin Web Lead / Primecoin Web Lead / Armory Guide Author / "Am I the only one that trusts Dogecoin more than the Federal Reserve?"
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