Storj Blog

Since Storj’s humble inception at the Texas Bitcoin Hackathon four years ago - you know, the one where our cofounder Shawn Wilkinson and his first Storj prototype won the main prize - our team has been through a lot. Our community has exploded, we released our production network and announced plans to pivot to a new platform that could better scale to support exabytes of data. Part of this pivot involves releasing the architecture of this new platform.
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Hey Storjlings! We have been working on some major components for the V3 network and wanted to share a quick update. Our new white paper has also been sent out to a number of external people for peer review. Once we gather and incorporate their feedback, the next step is public release, so stay tuned! Recent development accomplishments: We finished the initial implementation of Kademlia! Kademlia is the DHT (distributed hash table) we use to find out about other nodes on the network.
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A debate in the open source community recently erupted when Redis created a new licensing clause called the Common Clause to address its revenue dilemma. At the crux of the debate was whether or not current open source revenue models are sustainable in the cloud era and if new licensing could solve the problem. Some argued that increasing license complexity would reduce open source adoption, while others said that open source companies and projects were being abused by the massive cloud providers and Redis’ approach was a pragmatic solution.
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Development Update 8 from Storj Labs Hey Storjlings! We hope everyone had a great summer. Even though summer has come to an end, the Storj team is still running HOT and making tons of progress on the V3 network. Below is a quick update from our engineering team. Recent development accomplishments: We added client-side encryption for uploads. This means when a file is being uploaded to the network, it is encrypted before it ever leaves the user’s computer.
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Last week, we had our Q3 all hands meeting with the majority of our team here in Atlanta, GA. This was my first all hands experience with Storj Labs and the energy of our team was through the roof. The theme for the week was “The White Paper is Coming” so we spent a lot of our time writing and finalizing sections of the white paper for publication. If you missed our quarterly town hall video update, you can watch it here.
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In our town hall earlier this week, our team shared updates on our Open Source Partner Program; farmer payouts; marketing and branding; and our engineering progress on the new V3 network. We also shared a demo of the V3 private alpha, including its 4K video streaming capability! The town hall meeting included about 15 minutes of presentations, a 6-minute demo, and 20 minutes of live questions and answers. If you missed it on Zoom, you can watch the YouTube replay below.
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