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As far as I can see their idea is to incentivise people to "rent out" hard drive space to the Storj network, and get StorjTokens in return, although it's not qu
by djhworld 9y ago
As far as I can see their idea is to incentivise people to "rent out" hard drive space to the Storj network, and get StorjTokens in return, although it's not quite clear from the website what you can do with these coins or what value they hold.
I think it's interesting, I guess protocols like BitTorrent don't work for personal files as you need seeders to be available at all times....I'm half inclined to think Storj might suffer from the same issue if every node that is storing replicas of your blocks goes away - or will the financial "incentive" be enough for people to keep their nodes alive.
What happens if the value of Storj just drops to the floor?