US, WASHINGTON (ORDO NEWS) — Based on the Ethereum blockchain, the publisher Storj’s decentralized storage service allows cloud storage of its files. Each file is distributed over 80 nodes of the blockchain and the service offers unlimited bandwidth to subscribers.
A new type of cloud storage service aims to compete with the established giants of this market such as AWS, Dropbox or OneDrive. Storj stands out, however, by launching decentralized storage thanks to the blockchain (Ethereum). That being said, it can be hard to determine whether or not companies would prefer trusting a newcomer when they can have established and reliable AWS cloud services from the likes of Logicata and similar companies.
This new service, called Tardigrade (from the name of a species deemed to be indestructible), is the new generation of a decentralized storage offer launched two years ago by Storj – on the Bitcoin blockchain.
Node operators paid in tokens
This had then reached 150 petabytes of data and 100,000 nodes. Insufficient however, recognizes the editor, to meet the storage needs of companies. At the end of an extended beta phase, Storj now estimates the quality of service at the rendezvous, thanks in particular to compatibility with AWS S3 and an SLA of 99.95%.
For the launch of Tardigrade , the blockchain startup thus displays an available storage capacity of 22 petabits. The service is also based on a network of more than 5000 nodes administered by third parties, Storage Node Operators.
These operators receive a monthly payment in STORJ tokens in return for the storage space and bandwidth that they make available to the network and users.
The particularity of the Tardigrade model is therefore to offer a decentralized storage in which the files are fragmented and distributed simultaneously on different nodes. The editor specifies that when a file is stored, it is encrypted for its security, then split into 80 fragments.
Files encrypted and stored on 80 nodes
To avoid data loss, for example following a breakdown or the compromise of a node, only 29 fragments of the file are necessary to reconstruct it. To stand out from the competition, Storj also puts forward the price argument.
The company claims a starting price ($ 0.01 per GB / month) equivalent to half that of traditional cloud providers, including Amazon Web Services (AWS). Above all, the bandwidth is unlimited.
However, it is precisely this parameter that drives up the companies’ bill for data storage.
Storj also plans to support the adoption of Tardigrade through its integration into various open source and cloud services. The editor has developed connectors for this, allowing interconnections with the applications of players such as Kafkaesque, Fluree and Verif-y.
Thanks to our Open Source partnership program, any Open Source project with a connector will receive part of the income that we earn when your users store data on Tardigrade,” adds the editor.
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The article is written and prepared by our foreign editors from different countries around the world – material edited and published by Ordo News staff in our US newsroom press.