Cloud by the users
Storj is a cloud shared by the community. Using Storj Share, you can rent out your extra hard drive space to the network and be the cloud.
Once downloaded, the application presents a simple user interface where you can check your current balance and hard drive space.
Watch this step-by-step video explainer for configuring Storj Share.
Storj Share payments are made once a month. So if you start farming right now, you will not receive a payment until early next month. We can't run the payment script until the month ends, then it needs to be reviewed by the community, and then rewards are finally paid out. We will make make this process faster and more transparent in the interface in the future. Specifics on the math behind payment calculations can be found here.
In order to hold your SJCX, you need to store them in a Counterparty compatible address to which you hold the private key yourself. Several options are available: The original Counterparty web-wallet is available at http://counterwallet.io. For mobile users, there is the IndieSquare HD wallet with built-in Decentralized Exchange (DEX) which you can download for iOS or android at http://wallet.indiesquare.me.
Regardless of the option you choose, you can access your tokens with the same passphrase in any of the available wallets. So if one of them is down for some reason, you can still access your tokens with one of the other options. If you are worried about the security of third party and online wallets, you can always store your SJCX using Armory cold storage. Since Storjcoin X (SJCX) is a Counterparty token it can be stored on any BTC address. However, it is very important that you only send SJCX to a BTC address of which you hold the private key yourself.
The following Armory example works with other wallets as well. Offline signing of a SJCX transaction - If your wallet doesn’t support offline signing you can still import your private key (however your private key will not be secret anymore so don’t use that BTC address again).