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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At last, the moment you’ve been waiting for. Storage node operators (SNOs), here’s your lucky day. We’re telling you exactly how and when you get paid! 💸💸💸 By the time this blog post is published, it will have been one month since we launched the V3 network Explorer release, the public alpha for SNOs. To all those who have joined the network, thank you! And to all those who are still waiting for your invites, thank you for your patience!
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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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We’ve been onboarding V3 storage nodes for a week now and the feedback has been detailed and thorough. Our initial waitlist has been focused on the more technically proficient, but don’t worry, the onboarding process will continue to get easier as the weeks progress. There have been a number of frequently asked questions that we’d like to answer more broadly. We’ve published a couple of posts recently about the 99.3% uptime target for storage node operators.
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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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A few months ago, I had the opportunity to attend a presentation by Storj Labs Cofounder Shawn Wilkinson at Coinbase’s headquarters in San Francisco. Shawn was presenting to Coinbase’s People of Color Employee Resource Group (ERG), which supports people of color in the blockchain and decentralization areas, both internally at Coinbase as well as externally within the broader industry. In his presentation Shawn shared a bit about the success Storj has seen, an overview of our V3 rebuild, background on our Open Source Partner Program, and how decentralized cloud storage platform has the ability to change technology for the better.
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