Storj is a blockchain specifically designed for decentralized cloud storage. It claims to be "ridiculously resilient" with blazing performance and great security. Instead of relying on a company being responsible for the data storage like Google or Amazon, Storj has more than 13k nodes all over the world, making it have better security and privacy than centralized data storage options.
Storj's whitepaper was released by Storj Labs in 2014, and it was officially launched in 2018. Since then it has grown to work with institutions like the Internet Archive and the University of Edinburgh.
Storj offers peer-to-peer decentralized cloud storage service with end-to-end encryption. At the moment, their solutions are more geared towards enterprises, yet the decentralized data storage model can be implemented for average individual users in the future.
To use Storj's services or to become a node, the native token of the network, STORJ, is required.
STORJ has a total supply of 425,000,000, among which 412,937,122.14 are in circulation.
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