TRUMP(特朗普币)芝麻开门交易所

Buterin DePIN is the new name for projects such as Storj Storj

Date:2024-04-22 18:22:22 Channel:Crypto Read:
In the world of cryptocurrency, every project has its own unique story. Recently, rumors about Buterin (Ethereum founder Vitalik Buterin) suggest that DePIN may be the new name for projects such as Storj. The news caused a stir in the market, with Storj’s price rising by 6.8%. Let’s delve deeper into the story and uncover the lowdown and market dynamics.
A new beginning for the cryptocurrency market
The cryptocurrency market has always been volatile and unpredictable. In this field full of innovation and competition, the naming of projects can often trigger heated discussions in the market. As a heavyweight in the cryptocurrency field, Buterin’s remarks are often leading and influential. Therefore, rumors that DePIN might be the new name for projects such as Storj immediately attracted widespread attention.
Storj’s jumping performance
As a decentralized cloud storage project, Storj has always attracted much attention. Its unique technical architecture and innovative concepts have won it a group of loyal supporters. When word spread in the market that DePIN might be Storj’s new name, the Storj token price rose by 6.8%, showing the market’s optimism about the rumor. This also once again verifies the market’s confidence and recognition of the Storj project.
DePIN: New life for Storj?
DePIN, as a possible new name for Storj, has sparked a lot of speculation and conjecture. Some market analysts believe that this renaming may be to create a new market image and attract more investors and users. Others believe that this change may mean an adjustment in the development strategy of the Storj project, perhaps to cater to new needs and trends in the market. No matter which interpretation it is, the emergence of DePIN has brought new attention and opportunities to Storj.
Market reaction and outlook
The market is always dynamic and changing. The market’s reaction to the rumor that DePIN may be Storj’s new name will also continue to ferment. Investors and users will be paying close attention to the Storj project’s next moves and whether DePIN will become its new iconic name. Regardless of the final outcome, this incident will inject new vitality and space for discussion into the cryptocurrency market.
Conclusion
In the world of cryptocurrency, every rumor and change can cause market ripples. DePIN may be Storj's new life, the truth of this rumor only time will tell. But no matter what, market enthusiasm and attention will continue to drive the development and innovation of the cryptocurrency industry. Let us look forward to the future of Storj and DePIN together and see what surprises and revelations they will bring us.

The four most famous international exchanges:

Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
Binance International Line OKX International Line Gate.io International Line Huobi International Line
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Coin Circle (120bTC.coM): Vitalik, founder of Ethereum
Buterin spoke on the Web3 social platform Warpcast later yesterday (7th) when talking about the recently popular DePIN (decentralized physical infrastructure) track: Which DePIN projects do people think are most likely to be truly successful? This name (DePIN) seems to be a new name for something that has been around for ten years (such as Storj, various decentralized Ubers, etc.) but has never been launched? So why are they taking off now?

 STORJ jumps 6.8%

Since Vitalik's article on Warpcast mentioned Storj, its native token STORJ was inspired by this and quickly jumped from US$0.804592 to a maximum of US$0.951123 in a short period of time. Although it fell back to US$0.8566 at the time of writing, the price has declined in the past 24 hours. Still gained 6.8%.

 What is Storj? 

Storj is an open source decentralized archive storage solution that allows users to share capacity and exchange data directly without unnecessary intermediaries. It uses a network of decentralized nodes by default to host user data. Its goal is to make cloud archive storage faster , cheaper and private.

The development history of Storj is as follows:

   The Storj project was officially launched in 2014 and was first mentioned as a blockchain-based decentralized cloud storage in the original white paper it published.

   In 2016, Storj released the second version of its white paper, which connects users who need cloud storage space with those who have sellable hard drive space.

   In 2017, STORJ was issued as an Ethereum-based ERC-20 token, which allows users of the storage platform to store and retrieve files using STORJ tokens.

   The protocol was finally launched in 2018, and its second version, called V3, was released in 2019.

   In 2020, Storj introduced a bridge protocol to enhance interoperability with Ethereum and other blockchains. This expands the liquidity and usage of Storj tokens.

   In 2021, Storj will introduce a blockchain-based identity authentication system to enhance security and reliability.

 What is DePIN? 

DePIN(Decentralized Physical Infrastructure
Networks) refers to a decentralized physical infrastructure network that uses blockchain technology and Token rewards to encourage individuals and companies around the world to build any infrastructure in the physical world (WiFi, hard disk storage, Batteries, etc.), providing services to anyone. The popular understanding is that you can obtain Token rewards by sharing your computer hard drive, WiFi and other excess energy.

DePIN covers a wide range of industries, mainly including physical resource networks and digital resource networks. Currently, the popular representative projects in this track include:

   Decentralized wireless network protocol Helium and Helium Mobile

   Decentralized Internet of Things public chain IoTeX

   Automotive IoT platform DIMO Network

   Decentralized web scraping platform Grass

I'll answer.

2512

Ask

964K+

reading

0

Answer

3H+

Upvote

2H+

Downvote