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).
To receive your SJCX earnings, you need a valid bitcoin address generated in CounterWallet to which you hold the private key yourself. The original Counterparty open-source web-wallet is available at http://counterwallet.io. Your account in Counterwallet is secured by a 12 word passphrase. In fact, this passphrase is your wallet itself.
After you have written down your passphrase, the next dialog will give you an option to create a custom quick access URL. This will make it possible to access your wallet with a password of your choosing, by encrypting your passphrase as a link. This feature is best used for wallets with a low amount of funds that need to be accessed very frequently. When logging in with a quick URL, you will only need to enter your password (and can avoid writing the 12 word passphrase every time).
When you type a password, the URL will automatically adapt to be accessible for that password. Write the URL for your desired password down, and verify that it is correct by entering the same password again.
You can log in to your wallet by writing your passphrase, and pressing open wallet. The open wallet button will only become active once you have entered a valid passphrase.
One Bitcoin address will be automatically visible once you have created your wallet. The address looks like 1_______________, and not have any spaces.
Your address can be used to send and receive SJCX. Once you receive SJCX, it will appear next to your BTC and XCP balances.