Storj (STORJ)
$0.1213 (-0.57%)
≈0.00001527 BTC (-0.01%)
Market Cap≈$16,466,900
Vol. 24H$505,917
Low/High 24H$0.1203/$0.126
Circulating Supply135,787,539 STORJ
Total Supply424,999,998 STORJ
 Bitcoin Charts
 Bitcoin (BTC) Markets
1 CoinbeneCoinbene
2 BinanceBinance
3 UpbitUpbit
4 CoinTigerCoinTiger
9 BinanceBinance
10 UpbitUpbit
11 Gate-ioGate-io
13 PoloniexPoloniex
14 LivecoinLivecoin
16 Gate-ioGate-io
17 LivecoinLivecoin
19 LivecoinLivecoin
20 Gate-ioGate-io
1 CoinbeneCoinbene STORJ /BTC$0.1209$337,738 63.48%Recently
2 BinanceBinance STORJ /BTC$0.1206$58,619 11.03%28 Mins Ago
3 UpbitUpbit STORJ /KRW$0.1239$42,620 8.01%9 Mins Ago
4 CoinTigerCoinTiger STORJ /BTC$0.1212$27,881 5.24%1 Mins Ago
5 IDAXIDAX STORJ /BTC$0.1209$23,025 4.33%Recently
6 CEX.COMCEX.COM STORJ /USDT$0.121$18,879 3.55%Recently
7 CEX.COMCEX.COM STORJ /BTC$0.1217$7,111 1.34%Recently
8 IDAXIDAX STORJ /ETH$0.1209$4,885 0.92%2 Mins Ago
9 BinanceBinance STORJ /ETH$0.1214$4,836 0.91%1 Hours Ago
10 UpbitUpbit STORJ /BTC$0.1212$2,567 0.48%29 Mins Ago
11 Gate-ioGate-io STORJ /USDT$0.1212$1,300 0.24%56 Mins Ago
12 HitBTCHitBTC STORJ /BTC$0.1217$977 0.18%1 Hours Ago
13 PoloniexPoloniex STORJ /BTC$0.1209$872 0.16%1 Hours Ago
14 LivecoinLivecoin STORJ/BTC $0.1401$259 0.05%39 Mins Ago
15 HitBTCHitBTC STORJ /ETH$0.122$173 0.03%1 Hours Ago
16 Gate-ioGate-io STORJ/ETH $0.1217$148 0.03%1 Hours Ago
17 LivecoinLivecoin STORJ/ETH $0.1323$1 0.00%2 Days Ago
18 HitBTCHitBTC STORJ /USDT$0.1225$1 0.00%1 Hours Ago
19 LivecoinLivecoin STORJ/USD ?$? 0.00%18 Hours Ago
20 Gate-ioGate-io STORJ /BTC?$? 0.00%18 Hours Ago
* Price Excluded
** Volume Excluded - No Trading Fees
*** Price/Volume Excluded - Outlier Detected
 Analysis for Storj (STORJ)
STORJ Volume by Currency
STORJ - USD Volume by Exchange

What is Storj?

Storj is a protocol that creates a distributed network for the formation and execution of storage contracts between peers. The Storj protocol enables peers on the network to negotiate contracts, transfer data, verify the integrity and availability of remote data, retrieve data, and pay other nodes. Each peer is an autonomous agent, capable of performing these actions without significant human interaction. Many of the basic tools for these interactions are described in this  Full protocol documentation can be found elsewhere.

Storj is payment agnostic. Neither the protocol nor the contract requires a specific payment system. The current implementation assumes Storjcoin, but many other payment types could be implemented, including BTC, Ether, ACH transfer, or physical transfer of live goats.

The reference implementation will use Storjcoin micropayment channels, which are currently under development. Micropayment channels allow for pairing of payment directly to audit, thus minimizing the amount of trust necessary between farmers and data owners. However, because data storage is inexpensive, audit payments are incredibly small, often below $0.000001 per audit.

Storj coin allows much more granular payments than other candidate currencies, thereby minimizing trust between parties. In addition, the mechanics of micropayment channels require the total value of the channel to be escrowed for the life of the channel. This decreases currency velocity, and implies that value fluctuations severely impact the economic incentives of micropayment channels. The use of a separate token creates a certain amount of insulation from outside volatility, and Storjcoin’s large supply minimizes the impact of token escrow on the market.

Useful Links:

Official Website: https://storj.io/

White Paper: https://storj.io/storj.pdf

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