The Storj Labs Blog

Today, we’re announcing that we’ve paid out a total of $2 million in STORJ tokens to our network of Storage Node Operators and farmers on our previous, V2 network. This is massive, and we’re so proud to have a community of Storage Node Operators helping us build the future of the internet by putting their extra disc space and bandwidth to work. We’re also thrilled to hit this milestone because of what it means for the sharing economy of digital resources.
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We’re still somewhere in the middle of the blockchain movement and enterprises continue to adopt blockchain technology at an unprecedented speed. But while AWS, Azure and Google may rule the cloud presently, the benefits of decentralized technology may threaten their dominion. Decentralization is not just disrupting traditional cloud storage providers. There are so many possibilities that blockchain technology can enable and some of the greatest are likely impossible to predict, but we’re still going to try anyhow.
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Have you heard the news? Tardigrade is in early access production, which means that developers can start using the decentralized cloud storage service for real workloads. This is a huge milestone for the company and network, and we’re excited to have you along for the journey. Tardigrade Benefits Tardigrade is superior to centralized alternatives, for a number of reasons. First off, we’re more durable. Decentralization means there is no single point of failure, and the risk of file loss is dispersed through statistical uncorrelation.
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Good news, we’re just 4-5 weeks away from our production release! Clients, we’re ready for you to push the boundaries of our resilient, reliable distributed storage service. Storage Nodes Operators will definitely see an influx of data flow onto your hardware! Opening the floodgates of our network is something we’re very excited about and we hope you are too. However, there are a few important implications we’ve been researching and working out that we want to share with you.
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In our town hall last week, our team shared updates on our Open Source Partner Program; Storage Node Operator payouts; and an overview of our early access production release for our Tardigrade decentralized cloud storage service. Watch to learn what this early access release will mean going forward for Storage Node Operators and Tardigrade users. If you missed it on Zoom, you can watch the YouTube replay below. Closed captioning is available.
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Today our team is thrilled to announce our Tardigrade decentralized cloud storage service is finally ready for production workloads—we can’t wait for you to try it out. We’re welcoming the first paying customers to experience the advantages of decentralized cloud storage with an early access release (RC 1.0). We expect a complete production launch this quarter, at which time we’ll remove the waitlist and open user registration to all.
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