Storj is a cloud storage platform that can’t be censored, monitored, or have downtime. Its a decentralized, end-to-end encrypted cloud storage platform that uses cryptography to secure your files.
Storj is a platform, cryptocurrency, and suite of decentralized applications that allows you to store data in a secure and decentralized manner. Your files are encrypted, shredded into chunks called 'shards' and stored in a decentralized network of computers and servers around the globe. No one but you has access to your files, not even in an encrypted form.
Because of this, Storj is also faster, cheaper, and more secure than traditional cloud storage platforms.
Faster → Multiple machines are serving your file simultaneously.
Cheaper → You are renting people's spare hard-drive space instead of paying for a purpose-built data center.
More secure → Your files are both encrypted and shredded. There is no need to trust a corporation, vulnerable servers, or employees with your files. Storj completely removes trust from the equation.
Storj uses public/private key encryption, and cryptographic hash functions for security. To best protect your data, files are encrypted client-side on your computation device before they are uploaded. Each file is split up into chunks which are first encrypted and then distributed across the Storj network. The network is comprised of Storj nodes run by users around the world who rent out their unused hard drive space in return for STORJ Token (STORJ).