While peer-to-peer systems offer users a high level of encryption and privacy, these networks have been found to not be feasible for use within production storage systems. As a result, Storj proposes a functional model that addresses performance concerns while implementing a set of federated nodes which promote transparency and overall system usability. At its core, Storj is a cloud storage service which makes use of native tokens to facilitate all internal transactions. These tokens are appropriately called STORJ, and can be used to purchase cloud-based storage space within the platform ecosystem. According to the official whitepaper, the goal ofPowered by WPeMatico
