Decentralized storage company Storj has launched a new version called Storj Next, which introduces new features and economic incentives to make this alternative to Amazon S3 more appealing on both sides of the equation.
Storj stores files safely, using extra storage capacity around the world. As TechCrunch’s Ron Miller explained in 2020, “they are effectively doing with storage what Airbnb does with an extra bedroom, enabling people and organizations to sell that excess capacity to make extra money.”
But unlike Airbnb, which isn’t always the cheapest option, Storj is typically less expensive than traditional cloud object storage, which is the option to store unstructured data, such as photos and videos, in the cloud. According to Storj, its solution costs just a fraction of the price o...
