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Topic: [Development] StorNode - Start of a StorJ Implementation and a Bitcoin Agent (Read 8531 times)

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newbie
Activity: 8
Merit: 0
adding some button will be much better.
sr. member
Activity: 266
Merit: 250
The index looks great, maybe you can look towards adding more features in the future?
U
full member
Activity: 503
Merit: 106
Want to know,when I have selled space for Storj,but now I want to return my space,what will happen?
Just turn it off or just the settings. Software will take care of the rest.
So what about the content stored on my space? cant visited?
legendary
Activity: 1094
Merit: 1006
Want to know,when I have selled space for Storj,but now I want to return my space,what will happen?
Just turn it off or just the settings. Software will take care of the rest.
U
full member
Activity: 503
Merit: 106
Want to know,when I have selled space for Storj,but now I want to return my space,what will happen?
legendary
Activity: 1094
Merit: 1006
Since this is ranked pretty high on the Google results for Storj. I would add that this project is currently in active development. See more information at Storj.io
legendary
Activity: 1094
Merit: 1006
Well in this early stage you would probably just run one or more StorJ nodes, rather than sell space to StorJ. It would kinda work like Bitcoin mining. Bitcoin mining supports the network, and the miners get a percentage of the fees and new coins. For a StorJ node you would get paid the fees for hosting a file or file(s).

I doubt this would replace Dropbox or Megaupload anytime soon, but in its full implementation it would allow you to store your files for very very cheap. Although you are making me think maybe this should be a more of a desktop app. You can make Bitcoin by utilizing a GPU that otherwise might be idle, but instead utilizing your hard drive space that might be empty.
 
I mean look at the Dropbox model. They charge $99 a year for 100 GB of space. Lets just call it an even $1/GB. Which means if I charged Dropbox prices for a $100 Seagate Barracuda 2TB off Newegg that's fully loaded, I could get <$2,000 a year. That's a better reward that Bitcoin mining. Of course I'm omitting stuff like redundancy, but still there is a huge profit margin in there.

tldr; Back of the napkin calculations make this highly optimistic.


Proof of Storage right? I think this idea can work.
Basically Proof of Storage. Working on the concept and protocol, but basically the way you would verify this is with a challenge–response authentication.
hero member
Activity: 714
Merit: 510
Well in this early stage you would probably just run one or more StorJ nodes, rather than sell space to StorJ. It would kinda work like Bitcoin mining. Bitcoin mining supports the network, and the miners get a percentage of the fees and new coins. For a StorJ node you would get paid the fees for hosting a file or file(s).

I doubt this would replace Dropbox or Megaupload anytime soon, but in its full implementation it would allow you to store your files for very very cheap. Although you are making me think maybe this should be a more of a desktop app. You can make Bitcoin by utilizing a GPU that otherwise might be idle, but instead utilizing your hard drive space that might be empty.
 
I mean look at the Dropbox model. They charge $99 a year for 100 GB of space. Lets just call it an even $1/GB. Which means if I charged Dropbox prices for a $100 Seagate Barracuda 2TB off Newegg that's fully loaded, I could get <$2,000 a year. That's a better reward that Bitcoin mining. Of course I'm omitting stuff like redundancy, but still there is a huge profit margin in there.

tldr; Back of the napkin calculations make this highly optimistic.


Proof of Storage right? I think this idea can work.
legendary
Activity: 1094
Merit: 1006
Well in this early stage you would probably just run one or more StorJ nodes, rather than sell space to StorJ. It would kinda work like Bitcoin mining. Bitcoin mining supports the network, and the miners get a percentage of the fees and new coins. For a StorJ node you would get paid the fees for hosting a file or file(s).

I doubt this would replace Dropbox or Megaupload anytime soon, but in its full implementation it would allow you to store your files for very very cheap. Although you are making me think maybe this should be a more of a desktop app. You can make Bitcoin by utilizing a GPU that otherwise might be idle, but instead utilizing your hard drive space that might be empty.
 
I mean look at the Dropbox model. They charge $99 a year for 100 GB of space. Lets just call it an even $1/GB. Which means if I charged Dropbox prices for a $100 Seagate Barracuda 2TB off Newegg that's fully loaded, I could get <$2,000 a year. That's a better reward that Bitcoin mining. Of course I'm omitting stuff like redundancy, but still there is a huge profit margin in there.

tldr; Back of the napkin calculations make this highly optimistic.
hero member
Activity: 714
Merit: 510

So how will this work?

If I'm a human being can I sell storage space to StorJ and get paid in proportionate amount when StorJ is ready to upgrade? If that is the case it could have as much space available as necessary to meet the demand simply by paying users to supply to meet the demand. And if anyone needs to store anything they could pay the price as well.

Seems to be very efficient and could easily put Dropbox and Mega out of business.
legendary
Activity: 1094
Merit: 1006
legendary
Activity: 1094
Merit: 1006
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