These nodes cover more than 200 countries and are able to store over 150PB in capacity. They have also been growing its underlying network since its launch and they have over 150,000 storage nodes that are part of it. According to Vitalik:ĭistributed file storage systems like Storj have the potential to eliminate high markup costs and market inefficiencies and provide a much higher level of privacy, reliability and quality of service than we see today Vitalik Buterin In fact, Vitalik was a contributor to the Storj whitepaper. The Storj network is also one of the few Ethereum ICO projects which have received the blessings of Vitalik Buterin. Can Storj really compete with large centralized companies such as Dropbox and Google drive and can they stand out among the host of blockchain storage projects? Storj wants to make file sharing not only safer but also faster and much more cost-effective. People have lost a great deal of trust in large and centralized systems and file sharing is no different from that.
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