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StorageChain

StorageChain

WSTOR
$0.01960Up 0.00 percent($0.00)

Key Stats

Market Cap$39.52MUp 0.00 percent
Fully Diluted Value$39.52M
Total Supply2.02B WSTOR
Max Supply∞
Launch Date2024-08-30
Built OnETH
Token StandardERC20
Smart Contract Address0x346B…2f14
Decimal Places18

StorageChain Information

Websites
storagechain.ioWhitepaper

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Trading AsToken StandardBuilt OnSmart Contract AddressLaunch Date
WSTORERC20ETH0x346B46280f559DEF274f80c5d16471b4b7EF2f142024-08-30
WSTORERC20POL0xcFa0BFA4972423eAf8d3B7AF7E2AcE41C56515F72024-01-22
WSTORV1ERC20ETH0x50B275a15E4F5004AA96F972a30E6A9C718b203f2023-07-11

About StorageChain

StorageChain (WSTOR) is a blockchain-based decentralised storage solution that combines the power of IPFS with a network of distributed nodes. It allows for secure data storage, privacy, and Ethereum compatibility, facilitating decentralised trading through WSTOR. The project is driven by StorageChain LLC and seeks to offer an energy-efficient alternative to centralised cloud storage providers.

Frequently Asked Questions

StorageChain (WSTOR) is a decentralised cloud storage and file-sharing platform that utilises blockchain technology. It integrates the InterPlanetary File System (IPFS) to offer a highly secure and distributed file storage solution. The platform relies on a network of "storage nodes" to store and retrieve data in a peer-to-peer manner, ensuring security, availability, and speed. Built on the Substrate framework, StorageChain is compatible with Ethereum, allowing users to benefit from Ethereum-based smart contracts and features. StorageChain employs a Proof-of-Stake (PoS) consensus mechanism to maintain network integrity and energy efficiency.

StorageChain's primary use case is decentralised data storage. By leveraging a distributed network, it aims to offer a more secure alternative to traditional cloud storage services like Google Drive or Amazon S3. The platform is particularly focused on ensuring data privacy and integrity, which is enhanced through its integration with IPFS. The native cryptocurrency, STOR, is used to reward participants who provide storage and bandwidth services. WSTOR, an ERC-20 token, acts as the wrapped version of STOR, facilitating trading on the Ethereum network and decentralised exchanges (DEXs).

StorageChain is developed by StorageChain LLC, with its headquarters focusing on pioneering decentralised file-sharing and storage solutions.