StorX, a cloud storage service provider, has announced the deployment of its network to 2000+ nodes. This is a major milestone for the company as it continues to move towards its goal of becoming one of the largest decentralized storage networks in the world.
StorX (SRX) Expands Network to 2000+ Storage Nodes is a cryptocurrency that has been on the rise. The staking of this coin will allow you to earn free coins. Read more in detail here: storx staking.
In a recent Tweet, StorX Network Founder Handy Barot said that the platform has over 2000 storage nodes. Handy, on the other hand, expressed gratitude to the community and said that he was searching for a Research Scientist.
StorX is one of the most well-known platforms, having attracted a large audience in a short period of time. The primary aim of the platform is to allow users to store their data on a decentralized storage cloud. To an autonomous storage node, the uploaded files will be split and encrypted into additional pieces. Individuals from all around the globe rent out their spare disk space to run these nodes.
SRX is a utility token based on the XinFin blockchain. SRX is now trading at $1.73, with a 24-hour trading volume of $1,054,535. In the past 24 hours, the price of SRX has risen by almost 85%. Furthermore, the total quantity of SRX tokens is limited to 1.5 billion. The price of SRX rose by almost 400% in three weeks after it was listed on the XinFin blockchain. Its current market capitalization is $2,528,974,611.
Bitrue is now the most popular crypto trading platform for SRX. SRX has been listed on Bitrue for the first time. The StorX team is looking forward to seeing SRX listed on a variety of cryptocurrency exchanges and is working hard to make this happen as soon as possible.
The number of nodes has likewise grown at a breakneck speed. It was over 500 nodes only one week ago, for example. However, the number of storage nodes in the system has increased by 300 percent as a result of this.
Furthermore, the storage network’s rapid expansion makes it a viable alternative to centralized cloud storage services such as Google Drive, Dropbox, and others. StorX competes with other decentralized storage solutions such as Filecoin and Sia at the same time. SRX’s rapid expansion, on the other hand, is enough to make a statement.
Furthermore, the company’s hunt for fresh research experts foreshadows significant price reductions for consumers in the future. In addition, when the platform was exposed on a wide scale, it tried to improve security and scalability.
Overall, decentralized storage is poised to revolutionize the way the world keeps data on the cloud, and StorX’s massive success is an early indicator of the blockchain-based alternative to centralized cloud storage’s widespread acceptance in the coming years.
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StorX (SRX) is a decentralized storage solution that uses blockchain technology. The company has expanded their network to 2000+ nodes in the last few months. Reference: storx medium.
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