Questions about STORJ

[ARMY971]

Hello there,
I am exploring the storage space and I had a couple of questions.

I was wondering if you could tell me more about how Storj uses smart contracts and oracles to perform their key functions?

What is the role of the token in this DApp’s ecosystem?

Also, is there any projects, industry verticals or use case that the community is addressing?

Thank you for your time!

[Alexey]

Hello @ARMY971 ,
Welcome to the forum!

We do not use blockchain to store data. And it will not work for anyone, see

Is it possible to link the uploaded data with the mined block hash value?

Storing data on blockchain is too expensive and inefficient as for upload and for the access. The only small chunks of data can be stored on blockchain and also in most cases they are immutable, i.e. you can’t delete or edit it. To make change you must generate the next block with that change. It’s not fast. And also the size of the blockchain will include all world data, at the moment it’s greater than 460 Exabytes. And you would need to store it on the each node in the network, because blockc…

Our service is to provide the decentralized encrypted cloud storage, compatible with s3.
We do not offer blockchains and related to blockchains services.
We use blockchain only for our utility token, which is used to pay to SNO for their service and as a payment method when you use the Storj DCS as a customer.

Our DApps - most of the customers’ application in meaning, that they uses the Decentralized cloud storage, see Storj Docs for documentation.
The other DApp - is our storagenode software: Storage Node Getting Started - Storj Docs

To complete your research you can use our Storj Whitepaper V3, our Storj Blog and Storj DCS Resources