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Blockchain Technology And Data: Identity, Storage, Exchange

Blockchain Technology And Data: Identity, Storage, Exchange

Blockchain Technology and Data: Identity, Storage, Exchange Join our community of 10 000 traders on Hacked.com for just $39 per month. The age of big data isnt a new period per se, but rather an ongoing game of fire first, aim second. Data has proven to be quite the valuable commodity, with major blue-chip business models being built on its exportation and processing. But what are the associated risks with relinquishing and storing so much data with centralized providers? Every day as users in a connected ecosystem, we constantly give out personally identifiable information whether it be a name, address, credit card information, or even the answers to recovery questions. We all had a taste of the downside of centralized, trusted big-data breaches when Equifax announced back on September 7th that their system had been breached, exposing the information of approximately 143 million consumers. The affected data included sensitive materials such as Social Security numbers, drivers license numbers, and even credit card numbers. This posed a huge blow to consumers, but it kickstarted a very important conversation about data integrity, and personal ownership over data that shouldve started years ago. Individuals began to realize the value in both having complete control over their data, and not trusting it to multi-billion-dollar corporations that protect it simply with a password that has less character restrictions than the ones they impose on consumer accounts. This is exactly where blockchain technology comes in; not to save the day necessarily with buzzwords and rapid complete adoption of the latest token, but rather to help build the infrastructure needed to prevent these types of breaches. In truth, blockchains arent currently equipped to handle massive datasets, but t Continue reading >>

Storage Coins - Cryptoslate

Storage Coins - Cryptoslate

The blockchain for DApp speed and privacy Decentralized ecosystem for luxury watches Real-time customization of website content World's first decentralized data marketplace Decentralized custody service of digital assets Decentralized database service for the world's ... Distributed storage using the stable cryptography Anonymous storage generates revenue for websites Privacy-focused blockchain timestamping office The Top 5 Crypto Stories Delivered Weekly This email address is already subscribed to our newsletter. Thank you for subscribing to our newsletter! Your email address will NEVER be shared, rented or sold and you can unsubscribe at any time. Disclaimer: CryptoSlate has no affiliation or relationship with any coin, business, project or event unless explicitly stated otherwise. CryptoSlate is only an informational website that provides news about coins, ICOs and events. None of the information you read on CryptoSlate should be taken as investment advice. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before making any investment decisions. CryptoSlate is not accountable, directly or indirectly, for any damage or loss incurred, alleged or otherwise, in connection to the use or reliance of any content you read on the site. Your message has been sent. We will get back to you as soon as possible. In the meantime, please connect with us on social media. CryptoSlate's mission is to help legitimize ICO investing by educating people on how to identify fraudulent projects and encouraging ICOs to be more transparent. We are committed to only listing legitimate ICO projects. We perform an initial safety check on every ICO that submits to be listed and do our best to filter out bad actors from being listed or f Continue reading >>

Sia

Sia

Sia splits apart, encrypts, and distributes your files across a decentralized network. Since you hold the keys, you own your data. No outside company can access or control your files, unlike traditional cloud storage providers. Sia's decentralized cloud is on average 10x less expensive than current cloud storage providers. Storing 1TB on Sia costs about $2 per month, compared with $23 on Amazon S3. Calculate your savings below! Sia stores tiny pieces of your files on dozens of nodes across the globe. This eliminates any single point of failure and ensures highest possible uptime, on par with other cloud storage providers. Sia is completely open source. Over a dozen individuals have contributed to Sia's software, and there is an active community building innovative applications on top of the Sia API. Using the Sia blockchain, Sia creates a decentralized storage marketplace in which hosts compete for your business this leads to the lowest possible prices. Renters pay using Siacoin, which can also be mined and traded. Continue reading >>

Filecoin Research

Filecoin Research

A massive amount of storage sits unused in data centers and hard drives around the world. Put your unused storage to work by becoming a Filecoin miner. Use the Filecoin mining software to get paid for fulfilling storage requests on the Filecoin market. Exchange Filecoin for USD, BTC, ETH and more The Filecoin currency will be traded on a number of exchanges and supported by multiple cryptocurrency wallets, allowing you to easily exchange Filecoin for other currencies like US Dollars, Bitcoin, and Ether. Reliably store files at hypercompetitive prices Clients can tune their storage strategy to suit their needs, creating a custom balance between redundancy, speed of retrieval, and cost. The worldwide Filecoin storage and retrieval markets make vendors compete to give you flexible options at the best prices. We are thrilled to share with you the new Filecoin Whitepaper. This new Whitepaper introduces two new Research breakthroughs in the Distributed Storage Networks (DSN) landscape: Proof-of-Replication (PoR) and Proof-of-Spacetime (PoSt). The Filecoin network achieves staggering economies of scale by allowing anyone worldwide to participate as storage providers. It also makes storage resemble a commodity or utility by decoupling hard-drive space from additional services. On this robust global market the price of storage will be driven by supply and demand, not corporate pricing departments, and miners will compete on factors like reputation for reliability as well as price. Join the Filecoin Storage Market to rent your hard drives, single disks, racks, whole data centers, every Terabyte you are not using. All you need to do is to connect to the Filecoin network and the protocol will handle the file transfers and transactions for you. The more space you put on the market, Continue reading >>

The State Of Decentralized Storage

The State Of Decentralized Storage

Society is transitioning from the industrial age to the information age, and data is becoming the worlds most valuable resource. As humans continue to generate countless petabytes of data, the question of where and how to store it becomes increasingly important. Migration from on-premise storage to cloud storage has been the major theme of the past decade, and the trend is accelerating . The tech giants currently dominate this market. Amazon, Google, Facebook, Apple, and Microsoft each control a huge share of the worlds data. But this existing system leaves much to be desired. Its insecure, expensive, centralized, and involves putting a lot of trust in these large corporations. Centralized servers containing valuable or sensitive information are targets for hackers, as we saw in the iCloud hack of 2014 and the Dropbox hack of 2012. These systems are only as secure as the measures put in place by the companies running them. Even the worlds best and most funded tech teams cannot protect themselves: see Equifax , Verizon , Target , etc. The fact that each of these companies actually takes custody of customer data means that there is always risk of theft. These companies also have broad jurisdiction to censor individuals or data, to provide users data to governments or other law enforcement agencies, or even to sell customer data to advertisers. They are central points of failure that are targets for nefarious actors and are inherently fragile. Earlier this year, for example, a human error by an Amazon S3 employee caused several prominent websites to temporarily go offline. Blockchain technology has created the first opportunity to rethink cloud storage on a technical level and as an economic system by solving these major problems. Blockchain-based decentralized storage is Continue reading >>

Off To The Races: Best Decentralized Storage Solutions (storj, Sia, Filecoin, Maidsafe)

Off To The Races: Best Decentralized Storage Solutions (storj, Sia, Filecoin, Maidsafe)

The Race to be the Best Decentralized Storage Solution Blockchain technology is all about decentralization. First it was financial systems and payments. Next came decentralized apps and programs that could run on the blockchain. Now, another frontier is opening with the decentralization of file storage. The decentralized storage space has rapidly become a crowded race, with Storj , Sia , Filecoin, and MaidSAFE all competing for market share. The idea behind decentralized storage is allowing ordinary people to rent an unused portion of their hard drive space in a peer-to-peer network. The different platforms well discuss in this article accomplish this task in slightly different ways. No matter the approach, however, data is a booming industry, and the future looks promising for any project that can perfect decentralized file storage. Decentralized storage works by sharing a file across a peer-to-peer network. First, the uploader encrypts the file, and that person retains the key to unlock the encryption. Then the file gets broken into many smaller pieces. Each of these small encrypted pieces gets duplicated to ensure redundancy. Finally, the file shards get sent to various individual computers on the peer-to-peer network. Those individuals hosting the files only have a small shard of the files contents, and its encrypted. This means hosts cant gain information from the file. It also means that launching an attack against a hosting node would be pointless. To recall a file, the original uploader uses a private key along with a blockchain-hosted hash table to locate all the shards of the original file and ask the network to reconstruct the file. Once the nodes send back the various shards, the file gets rebuilt. Then the uploader uses the original encryption key to unenc Continue reading >>

Top Cloud Storage Based Cryptos

Top Cloud Storage Based Cryptos

Right when everyone thought blockchain was done spreading its wings, it invaded the storage spaces and made a business out of them as well. The cryptos based on cloud storage allow users to store their data in hard disc space provided by other users. Here are some cloud-storage based cryptos which can prove beneficial in the coming time. A rather new approach to cloud storage platforms, SIA is not a data center operated and owned by a single company but a platform that allows anyone and everyone to monetize by renting out their hard drive space. The data integrity is protected via cryptography and redundancy. The encryption is ensured by smart contract cryptography and the data transfer involves no interference by any third party. All the transactions occur in Siacoin which can easily be mined and traded. SIA appears to be the most affordable and beneficial storage crypto so far. The coin was launched in August 2015 and its current market cap value stands at $244,244,435 USD. A smart data storage box, Minebox offers a p2p cloud storage network that is secured and powered by a blockchain. This is a Network Attached Storage computer which acts as your personal cloud. Minebox acts like a really small bank where users can earn Bitcoin and Siacoin. All that needs to be done is connecting the box to the internet. Some benefits of this crypto include the fact that it constantly and automatically backs up the encrypted data of a user in multiple locations on a p2p network and the local data can be accessed from anywhere. Filecoin is a platform that allows you to rent your hard drives, single disks, whole data centers, or racks for that matter to users and earn filecoins in return which can then be traded for USD, bitcoin, ethereum, and other currencies as well. A different fea Continue reading >>

Owning Bitcoin Gets Easier In 2018 With The Launch Of Cold Storage Coins

Owning Bitcoin Gets Easier In 2018 With The Launch Of Cold Storage Coins

Owning Bitcoin Gets Easier in 2018 With The Launch of Cold Storage Coins Bitcoinist.net February 23, 2018 2:30 pm Today, acquiring and owning Bitcoin plus many other cryptocurrencies is easier and safer than ever before thanks to new Cold Storage Coins February 23, 2018 Singapore Many people agree Bitcoin is risky business. Sure, weve all heard those inspiring stories about folks winning big with Bitcoin, and becoming overnight millionaires. But equally, were well aware of the stories of those who lose their digital fortune to theft, acts of God, or general carelessness. And between highly volatile markets, opportunistic hackers, and general human error, its not surprising to hear people say, Its just not worth the effort. But today, acquiring & owning Bitcoin & cryptocurrencies is easier & safer than ever before thanks to Cold Storage Coins. Created by the same team that brought you the iconic 2011 bitcoin commemorative, Cold Storage Coins are cutting-edge technology that store digital currency with remarkable levels of security and accessibility. The Copper, Silver and Gold coins mitigate common risks associated with storing cryptocurrencies and make buying and trading effortless, for everyone. While online hot wallets can be hacked, Cold Storage Coins are offline and hack-proof. And unlike paper wallets, Cold Storage Coins are made from noble metals, making them flood and corrosion-proof, house-fire safe & inherently valuable. Even in a crypto-apocalypse, Cold Storage Coin owners still have something to hold. However, the risk reduction doesnt stop there. When someone loses their private key, they lose their entire crypto stash. It happens often; an estimated 25% of all Bitcoin issued to date is inaccessible due to lost keys. But Cold Storage Coins are laser etched Continue reading >>

Best Decentralized Cloud Storage Cryptocurrencies

Best Decentralized Cloud Storage Cryptocurrencies

Best Decentralized Cloud Storage Cryptocurrencies Torsten Hartmann February 15, 2018 1708 no comments As cryptocurrencies and blockchain networks are becoming more common, multiple new trends in both the crypto world and within more traditional sectors are emerging. Blockchain invaded the storage spaces and made a business out of them right when everyone thought it was done spreading its wings. There are so many ICOs and new projects coming out each day, but not all projects or currencies are worth noticing, because most fizzle out and die while others later turn into scams. In this article, we are going to talk about cloud storage based cryptocurrencies. They allow users to store their data in hard disc space provided by other users. The 4 cloud-storage based cryptos we recommend keeping an eye out for include SIA, Storj, Filecoin, and Minebox. SIA was launched into the market on 7 June 2015 and represents a rather new approach to cloud storage platforms. The idea of SIA was conceived at the HackMIT 2013 Hackathon, and it was created by David Vorick and Luke Champine of startup Nebulous Inc (headquartered in Boston, USA). SIA is an open-source, blockchain-based, decentralized cloud storage platform. The SIA cloud is based on a decentralized, redundant architecture, which means that the stored data does not reside on a central server. Instead, it is broken up into many small pieces on thousands of different servers. SIA is not a data center operated and owned by a single company. It is actually a platform that allows anyone and everyone to monetize by renting out their hard drive space. SIA didnt start with an ICO or pre-mining, unlike many other coins or crypto project. The team has raised $1.25M in total funding from prominent investorslike Fenbushi Capital , Raptor Continue reading >>

A Guide To Data Storage Coins

A Guide To Data Storage Coins

Share on Facebook Share on Twitter Share on Google+ Share on LinkedIn Cloud storage is nothing new. For years now, its been possible for consumers to forego the traditional local storage options afforded by external hard drives, and to instead subscribe to a third-party service that allows them to upload and download their files to remote servers run by companies such as Google, Apple, Dropbox and Amazon, to name a few. The remote option offers certain advantages over physical storage accessibility from multiple devices and no reliance on hardware (which can be destroyed or stolen). Typically, the models are also a lot more flexible an individual can simply pay for more storage if required, as opposed to shelling out for a multi-terabyte device from the get go. However, this does come at the cost of trusting a third party with your potentially sensitive data. In the age of blockchain revolution, where even banana plantations have their own token , there was undoubtedly going to be some form of disruption to the data storage industry. A number of projects have endeavoured to harness the power of decentralisation to rival the services provided by dedicated servers, creating a market for people to rent out the unused space on their devices (think Golem , but for storage). Below are some of the most popular. Storj is a protocol that creates a distributed network for the formation and execution of storage contracts between peers. The Storj protocol enables peers on the network to negotiate contracts, transfer data, verify the integrity and availability of remote data, retrieve data, and pay other nodes. Storj is an open-source distributed cloud storage platform based on blockchain technology where anyone can sell their extra hard drive space. Storj (pronounced storage) is a Continue reading >>

Cloud Storage On The Blockchain

Cloud Storage On The Blockchain

StorJ has taken a lot of heat lately; a quick scroll through the Reddit page reveals users complaining about technical uses and griping about the companys lack of progress. Perhaps the StorJ team is simply working too hard to market themselves: the company recently integrated with FileZilla to little fanfare. CLOUD STORAGE IS FINE IF YOU TRUST THE THIRD PARTY HOLDING YOUR DATA Its a bird; its a plane; its blockchain cloud storage! Maybe you havent heard that one before. But StorJs recent ICO has helped bring the concept to the mainstream. Cloud storage has blown up in the last few years. Companies like Dropbox and Box.com have flourished, while major companies have created their own spinoffs, like Google Cloud and Amazon Web Services. And cloud storage is fine, if you trust the third party holding your data. But thats a big if. Bitcoin was founded on the concept of eliminating the trusted intermediary, so it shouldnt surprise anyone that people have taken the idea and brought into cloud storage. StorJ has two classes of citizens: farmers, and renters. Farmers offer up spare space on their hard drives. Renters pay them for the privilege to use it. Its a simple concept, buoyed by several technological advancements and some big-name backers. If Bob wants to rent from Jane, he pays $0.015 per GB per month for storage and $0.05 per GB for bandwidth. Data is broken up, encrypted, and stored in multiple places on the network, a practice called sharding. StorJ uses Kademlia to route messages and Bridge as a dedicated server to access various applications. Data owners can decide how much trust they grant Bridge. Agreements between farmers and renters are negotiated through Quasar, and StorJ is payment-agnostic: a specific payment isnt required to pay for storage. If youre worri Continue reading >>

Storj - Decentralized Cloud Storage

Storj - Decentralized Cloud Storage

"Storj is like an Internet filesystem. Data blocks are encrypted and distributed across a globally distributed set of storage nodes using block-chain algorithm. It is quite impressive and much needed innovation in the storage space." "Decentralized 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." "The power of the Storj platform is its unique ability indiscriminately utilize the free capacity of a storage node, whether a single end-user PC or a massive data center. Storj is bringing an unprecedented degree of efficiency to globally distributed data storage." "Storj is a unique market phenomena. It sets new standards of unit economics for distributed data storage." "As a seed investor, we were more than happy to join the next round for Storj with a great line up of co-investors. We want storing files to be cheaper, faster and more secure and the progress the team has made towards that mission has been phenomenal to watch. We are looking forward to putting more and more of our documents on the Blockchain thanks to Storj." Continue reading >>

Cold Storage Coins

Cold Storage Coins

Put the power of the blockchainin the palm of your hand. Available in investment-grade silver, copper & gold, each Cold Storage Coin features a unique wallet ID and laser-etched private key, concealed beneath the industrys best tamper-resistant holographic film. Intrinsically valuable and inherently secure, Cold Storage Coins are the easiest way to own bitcoin. Cold Storage Coins available now... View all Available in Copper, Silver and Gold, each Bitcoin Cold Storage Coin features a unique Bitcoin wallet ID & matching private key QR code, deeply laser-etched directly onto the coins surface, concealed beneath an industry-leading tamper-resistant holographic film, featuring the Bitcoin wallet ID QR code for easy value confirmation and importing into your favorite hot wallet. Available in 999 fine Copper, each Bitcoin Cash Cold Storage Coin features a unique Bitcoin Cash wallet ID & matching private key QR code, deeply laser-etched directly onto the coins surface, concealed beneath an industry-leading tamper-resistant holographic film, featuring the Bitcoin wallet ID QR code for easy value confirmation and importing into your favorite hot wallet. On August 1st, 2017, after a long community debate on how to better scale Bitcoin, a hard fork was made in the Bitcoin blockchain, creating Bitcoin Cash. Bcash as it's come to be known, allows for an increased volume of trades per second, hoping to speed up transactions and lower fees. All Bitcoin holders as of block 478558 also became owners of Bitcoin Cash. Available in copper and silver, eachLitecoin Cold Storage Coin features a uniqueLitecoin wallet ID & matching private key QR code, deeply laser-etched directly onto the coins surface, concealed beneath an industry-leading tamper-resistant holographic film, featuring the Bit Continue reading >>

Is Blockchain Technology Really The Answer To Decentralized Storage?

Is Blockchain Technology Really The Answer To Decentralized Storage?

Is Blockchain Technology Really the Answer to Decentralized Storage? Blockchain is extraordinary technology, but may not be appropriate for storing large files, other data. The Blockchain has become much more than a simple piece of technology. It has become a symbol for freedom, transparency and fairness. With this being said, its no wonder we see projects leveraging Blockchain tech as a one-size-fits-all tool to solve all sorts of problems, many of which could not be further from the original purpose of the Blockchain. Nowadays, the words Blockchain technology are thrown around alot and sometimes the use of the technology itself is unnecessary. Tim Swanson, Director of Market Research at R3CEV has even coined the term " chain washing "to describe companies/startups that are using or trying to use Blockchain technology in certain areas when in fact, they could be using more advanced technology for the purpose at hand. This becomes especially evident when it comes to file and data storage. Although the Bitcoin Blockchain is basically a decentralized database for transactions, accounts and balances, keeping that information on a decentralized ledger is already proving to be a challenge due to capacity issues. Nevertheless, several projects and companies insist on looking at Blockchain-based solutions for storage and, while there are clear cases of misguided enthusiasm when it comes to the use of Blockchain technology, there are some projects out there that are worth taking a look at. Blockchain Technology as an Incentive Layer When it comes to a mutualistic relation between Decentralized Ledger Technology (DLT) and data storage, the most common use case for the Blockchain is as an incentive layer. This means that data isnt stored on the Blockchain itself, but the network Continue reading >>

Why You Should Keep Your Bitcoin In Cold Storage

Why You Should Keep Your Bitcoin In Cold Storage

Why You Should Keep Your Bitcoin in Cold Storage If youre entering the world of cryptocurrency, there is one major thing you need to brush up on. It isnt your trading skills (though that can help). No, it is your security. Bitcoin, Ethereum, and other cryptocurrencies are kept in wallets, just like your regular cash. Except these are digital wallets, stored on your computer. There are different type of wallets, used at different times. Sensible people keep their Bitcoin offline, in a cold storage wallet. But how does this increase security, and what are your options? First off, lets establish what cryptocurrency wallets are 8 Things You Probably Didn't Know About Digital Wallets 8 Things You Probably Didn't Know About Digital Wallets Digital wallets are billed in most tech circles as the future of real-world payment technologies. Read More . Wallets are essential to storing and hodling (which means hold on for dear life in cryptocurrency speak, after it was spelled wrong on a forum). I bought my first Bitcoin on Coinbase, an extremely well-known cryptocurrency broker. Bitcoin was immediately deposited into a Coinbase-created wallet after my fiat currency cleared. I dont care. Its all speed bumps to $100,000+. #bitcoin #hodl Datavetaren (@Datavetaren) November 11, 2017 My Bitcoin is somewhat secure but not 100 percent. You see, the Coinbase wallet doesnt belong to me. Furthermore, the Coinbase site hosts it. I dont have access to the private cryptographic key. Im not saying Coinbase is planning anything nefarious (theyre a trusted pillar of the crypto-world), but things go wrong. Mt. Gox is a name that evokes many negative connotations. Why? Because in February 2014 the Mt. Gox bitcoin exchange was compromised. Over 850,000 Bitcoin was stolen ($450 million at the time, Continue reading >>

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