Storj, the platform for decentralized data storage, today announced that Ben Golub is joining as Interim CEO and Executive Chairman. Golub was CEO of Docker from the early days and stepped down last year. Docker is a hugely successful containerization tool that enables developers to compartmentalize applications on a server, so landing Golub represents a massive vote of confidence in Storj.
The cloud storage provider operates without its own data center. Instead, files are hosted by individuals and organizations who rent out their excess hard drive capacity. Both parties benefit as the users pay a much lower price for the storage and the machine operators, called ‘farmers’, earn money. There are 150,000 decentralized storage nodes.
Benefits
Apart from the monetary aspects, Storj claims to have three advantages:
- Reliability – in a typical example a file is stored in pieces spread over 84 nodes, and to lose the data more than half of those nodes would have to fail.
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