StorX Network$SRX

What is StorX Network Crypto?

StorX Network is an open-source, decentralized cloud storage platform designed for storing critical data backups. Traditional storage methods often rely on single-location data silos that can be vulnerable to outages or attacks. StorX encrypts, splits, and replicates data across a global network of storage nodes to help enhance privacy, reduce single points of failure, and offer global accessibility. According to the project, StorX can also help lower bandwidth costs compared to traditional cloud solutions.

How can I earn StorX Network tokens?

StorX Tokens (SRX) are not mined. Instead, they are earned by storage node operators who lease out unused storage capacity to the network. Operators must:

1. Obtain a Virtual Private Server (VPS) or Bare Metal Server for hosting storage.
2. Meet the SRX staking requirement.
3. Follow the instructions on the Storage Node Operator Page.

Once a node is set up and meets the network’s quality parameters, the operator begins earning monthly SRX tokens.

How can I optimize my StorX Network node?

The StorX network relies on node reputation and quality. Factors affecting node rewards include:

1. Quality of the storage node
2. Performance of the storage node
3. Geographic location of the node
4. Responses to StorX audit requests
5. Amount of SRX staked

For complete details, see the StorX Farmer Portal.

How can I use the StorX Network?

StorX offers a browser-based interface at storx.tech for storing and sharing personal or business data. It can also integrate with both browser and API-based workflows, and is compatible with various backup and storage tools, including (but not limited to):

• Google Workspace: Gmail, Google Photos, Google Docs, Google Drive, Google Cloud
• Backup Software: Kopia, Restic, Rclone, Duplicati, GoodSync, CyberDuck, S3CMD, S3 Browser, Cloudsfer, Tnt Drive, WinSCP, CloudBerry, IDrive, Iperius Backup, SyncBackPro, Ahsay, Anchorpoint, Arq7, CrossFTP, CubeBackup, Rsnapshot, StableBit CloudDrive, ShareX, RaiDrive, oDrive, SnapShooter, qBackup, NetDrive, Joplin, BucketAnywhere S3, Simple S3 Browser

Who governs the StorX Network?

StorX is governed by its decentralized community. There is no central authority; decisions are made through consensus among participants. The network emphasizes transparency, decentralization, and open-source collaboration, welcoming anyone to contribute.

StorX Network Funding

StorX received its initial funding from the community of node operators in 2021. The network aims to be self-sustaining, where participants earn SRX tokens for providing storage capacity and can use those tokens to pay for services on the network.