Storj Blog

Happy holidays and happy New Year from the Storj family to yours! We are continuing to focus our efforts around the Explorer release, which is scheduled to be released in Q1 of 2019. We want to make sure all of our storage node operators are pleasantly surprised when they join the V3 network, so we have been enhancing the overall user experience quite a bit. Recent development accomplishments: We finished merging the majority of the databases into the master Satellite DB.
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We are excited to announce that the Q4 2018 community town hall will take place on January 16, 2019 at 1:00 p.m. EST (see below for other timezones).

During the meeting, you’ll hear from the Storj executive team, including Ben Golub, our executive chairman and interim CEO; Shawn Wilkinson, co-founder and chief strategy officer; JT Olio, director of engineering; and John Gleeson, vice president of operations. We will also plan to share our next STORJ Token Flows and Balances Report on this date.

Please register for the town hall here.

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All I want for Christmas is a… decentralized object storage network, and that’s not something you can find on Amazon so we are working hard to make that happen! Our next major milestone is the Explorer release, which is scheduled to be released in Q1 of 2019, so we have shifted our focus around everything we need to hit that deadline, polishing our current functionality and squashing bugs. Recent development accomplishments:
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Today, we find ourselves in a rapidly evolving age where the internet plays a major role in our ability to communicate with one another and gather information. The internet now connects more than 3.2 billion people around the globe, which represents 55% of the global population. This number only continues to grow and it’s not hard to imagine that one day, everyone in the world will have consistent, regular internet access.
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Today we’re going to learn about the Storj V3 auditing and repair systems! Auditing, oh man, I’m already falling asleep, right? Well please don’t! Yes it’s true that auditing does the sort of drudge work of the storage system, in that it’s a continuously running process, randomly trying to download little bytes of data, endlessly, forever. However, the repair system within our new V3 network steps in as auditing’s cooler, more wizardy sibling who saves the day by zapping jacked up data with its Reed-Solomon regeneration wand.
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At Storj, we are building a next-generation decentralized cloud storage platform. We make decentralization possible by enabling anyone to rent out their extra hard drive space, similar to how you would rent out an extra room on Airbnb, or your car on Turo. One of the challenges we face is implementing a payments system that is accurate, timely, and can scale to millions of users. In October, our CTO Philip Hutchins published an article in Forbes about creating scalability on the Ethereum blockchain, which detailed some of the difficulties and challenges we’ve experienced sending token payments to our hundreds of thousands of storage node operators.
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