The Storj Labs Blog

Hello Storjlings! We took a little sabbatical from our normally scheduled bi-weekly development updates, but during that time we did a few small things. We launched Tardigrade into GA production! Ok, it was a BIG thing. What this means is that anyone can start utilizing our decentralized cloud storage network by going to tardigrade.io/satellites and creating an account. We have over 5,000 users with accounts already and we’re hoping to continue to drive growth on our network with the next set of open source, partner connectors we’re building.
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Last week, Storj labs announced the production launch of Tardigrade, the industry’s first enterprise-grade, economically sustainable, decentralized storage service. We are really proud of our 99.99999999% durability, 99.95% availability, S3 compatibility, and upload/download speeds that are on par (or better) than the big three cloud providers. We’re proud of the fact that we’re able to price at a fraction of the price of large cloud providers while providing attractive economics to Storage Node Operators and partners, and setting ourselves up for economic sustainability as well.
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The internet was designed to be decentralized. When you send a message, stream media, or do a video conference, you don’t worry about which routers your data is passing through, who owns them, or whether some may be down. The decentralized model for internet communications has delivered multiple orders of magnitude of improvements in reliability, speed, and price. No one questions the appropriateness of leveraging TCP/IP for enterprise applications.
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Connectors bridge the chasm between the applications we use every day and the underlying storage infrastructure on which application data is stored. Our team has worked with our partners to build a series of connectors between Tardigrade, our decentralized cloud storage service, and our partners’ applications. What is a Tardigrade Connector? A Tardigrade connector is an application-level integration that enables the use of decentralized cloud storage in consumer software. Tardigrade connectors enable Satellites to measure the volume of data associated with a bucket and give attribution to them.
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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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