Exchange Storj Token
If you're looking to swap Storj Token, SwapSpace is your one-stop-shop. We have some light reading for you - in case you'd want a refresher on what is Storj Token or some fresh information about storj’s price movements. And, of course, we provide you with the multiple Storj Token exchange options so that you can choose the offer with the best rates and lowest Storj Token fees, as well as other parameters that suit you.
Storj Token Price Stats
Storj Token Price Chart
Here you can see the current price of Storj Token, as well as Storj Token price history.
What is Storj Token?
STORJ is an Ethereum-based token powering Storj Network, which serves as a commercially available decentralized cloud storage. Storj is one of the older blockchain projects, founded in 2014, initially envisioned as an encoded crypto storage platform, later transformed into the network model. Now it’s an open-source project, providing private, secure, highly available storage for individual or enterprise-grade projects.
Storj allows anyone with the extra disk space and bandwidth (there are some other requirements, but none of them are prohibitive) to run a node enabling them to share their resources with the users who need them. The objects that users put into the storage get encrypted and split into 80 parts, which helps keep the security level high. Note that to retrieve this information, a user needs to access only 29 parts of 80. This redundancy provides a fast and easy way to access the whole object, making the technology resistant to node failures. The network overall is secured using the Proof-of-Work consensus protocol. To make the user experience while working with Storj smoother, it’s integrated with some tools like file connectors and dashboards.
STORJ token is used to incentivize nodes providing resources and securing the network. It also serves as a means of payment for commercial storage services.
A Simple Way To Exchange Storj Token Here At SwapSpace
Choose the cryptocurrencies you would like to exchange among more than 800 coins and tokens. Pick them from drop-down menus. Type the number of coins you want to swap.
Send the exact amount to the address provided and receive the crypto in your wallet within minutes. Don’t have a wallet yet? Our support will recommend a good one!
You’ll get your coins in a few minutes! The exact time is a subject of various parameters such as blockchain network workload, transaction volume, our partners’ processing speed, etc. Concerned about your transaction? Check the swap tracker or feel free to contact the support: firstname.lastname@example.org.