Storj Blog

We are one month into our Explorer release and that means it’s time for our first round of V3 storage node operator (SNO) payments! We will soon be releasing payments for the month of February and will send communication directly to the SNOs when they have been completed. If you are a V3 SNO and have encountered a bug, or have a suggestion on how we can improve the platform, please share your thoughts in our ideas portal.
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We are a couple of weeks into our Explorer release and the network continues to grow every day! If you haven’t received an invitation to become a V3 storage node operator, and you joined the waitlist, please be patient. We currently have about 10,000 people on the list. With so many new storage nodes joining the network over the last few weeks, we’ve been able to identify lots of bugs and UX improvements we can make.
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Kademlia is a distributed hash table implemented in a number of modern decentralized protocols including Ethereum, BitTorrent, Swarm, IPFS and the Storj network. Kademlia provides a way for millions of computers to self-organize into a network, communicate with other computers on the network, and share resources (e.g. files, blobs, objects) between computers, all without a central registry or lookup run by a single person or company. Kademlia was designed by Petar Maymounkov and David Mazières in 2002, and is often said to have kickstarted the adoption of the third generation of flat-hierarchy computing protocols, as it is immensely more reliable and efficient than both centralized and flood-based approaches for node discovery and routing.
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If you haven’t already heard, we launched the Explorer release! We are sending invitations out every day to our waitlist participants, so if you joined the list be on the lookout. We had an all company meeting in Atlanta mid-January where the entire team focused its efforts on completing the release. If you started running a storage node and have some ideas on how we can improve the experience, or would like to request features, please submit them through our Ideas portal.
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Joan Jett and William Shakespeare would have made absolutely terrible Storj V3 network storage node operators. Joan just doesn’t give a damn about her reputation, and Bill? The guy was great with words but not so good at math. But, I digress. Today on the Storj blog, we’re talking about the wholesale changes to reputation and node selection for the Storj V3 network. What’s new you ask? Everything! Overcoming the Challenges of the Previous Network Reputation and node selection are two areas where we’ve made some of the most significant changes between the V2 and V3 networks.
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With the the previous version of the Storj network, we learned from experience what it takes to scale a distributed storage network to over 100 petabytes. That experience and expertise has led to the development of the V3 network. As it turns out, the network design for petabyte scale isn’t the same as the design for exabyte scale. There are significant differences in all three peer classes in our decentralized and distributed network.
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