Battle of decentralized storages: SiaCoin (SC) vs Storj (STORJ) vs Filecoin (FIL)

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Siacoin (SC)

#Blockchain #Cloud Storage #Decentralized Storage 2 social mentions

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Storj.io

Storj is another open-source decentralized cloud storage creating project that looks to offer a decentralized, safe and efficient way of managing your data. The platform is Ethereum-based, meaning that the STORJ token is just one of many ERC-20 standard tokens currently being traded on the crypto markets. The company recently migrated to the Ethereum ERC20 standard as it was previously operating on the Counterparty protocol on the Bitcoin blockchain.

#Storage #Cloud Storage #Encrypted Cloud Storage 41 social mentions

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FileCoin

Filecoin is a coin that sits as the second layer of the IPFS (InterPlanetary File System) project, an open-source project designed to create a permanent, decentralized method of data storage and sharing. The network provides a decentralized hub on which people who have excess storage capacity can offer it to those in need of said capacity. Individuals and businesses pay to store data on storage provider’s hardware. These providers are called “miners” and are accompanied by “storage retrievers”, who are in charge of retrieving the stored data.

#Blockchain #Cloud Storage #Decentralized Storage 75 social mentions