This article was posted on Monday, 18:58, UTC.
Storj is a decentralized cloud solution which has been in the works for quite a long time. They have gone through multiple iterations, funding rounds, and the like, and made it to market over the last couple years with a usable solution, Storj itself, semi-separated from the Storj (SJCX) token, which is used to secure the network. The token is used to compensate those who put up hard drive space for rent. The space is used by the network, and each month every renter receives payment in Storj tokens, which are currently tradeable at over 50 cents each. A Hacked…
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P. H. Madore
P. H. Madore lives in Arkansas with his wife and children. He has covered the cryptocurrency beat over the course of hundreds of articles for Hacked's sister site, CryptoCoinsNews, as well as some of her competitors. He is a major contributing developer to the Woodcoin project, and is currently nearing the completion of a cryptocurrency exchange in concert with the firm he primarily works for, Vermont Secure Computing Consultancy.