The Next 1000x Altcoin?! Blockchain Data Storage w/ Sharder!

published on August 2, 2020

Data is now the most valuable resource in the world beating out oil according to the economist with 97 of businesses using data to power their business opportunities and 76 of businesses using data as a

Major part of forming a business strategy so if data is so valuable why do we store it in such an unreliable and vulnerable manner as of now the majority of the world stores

Their data with centralized architecture but as time goes on and technology evolves there are other solutions that eliminate the issues of centralized data storage some of the leading issues with

Centralized data storage includes resource limitations costly data centers limited privacy and risk management luckily these are all issues that can be drastically improved or even completely eradicated

With blockchain technology sharder is a multi-chain storage and validation network their validation and authentication services aim to protect all types of digital

Files from fraud and manipulation whether it's medical records work contracts safety reports or even university degrees utilizing blockchain technology sharder saves the file hash or digital

Fingerprint ensuring it is securely stored immutable and verifiable here's how it works data is encrypted before being uploaded to the framework

The encrypted data is split into small fragments known as shards the data shards are then distributed to secure nodes on the charter global network lastly backups are kept on different

Nodes to ensure data availability this isn't just great for storing valuable data but shardr can also store and validate documents contracts and reports which in that case falsified documents

Can now become a thing of the past furthermore the starter protocol can be deployed across multiple public blockchains providing an advanced data storage solution for everyone storage applications can also

Be built on top of charter for example sign ease is an electronic signature application that utilizes charter for the storage and validation of file hashes or even island blockchain storage which

Is a phone application for storage of a person's most sensitive data including photos videos documents and notes now of course with any business there needs to be some source of incentive

And that's exactly where the ss token comes into play ss tokens are cryptocurrencies embedded in the sharder network ss is required to pay for storage services

The current cost to utilize shutters network is as followed storing data is about one penny per gigabyte per month uploading bandwidth is four cents per gigabyte per month

And downloading bandwidth is free this model allows for virtually any business or person to utilize the network and its features at a very affordable rate the great thing about a decentralized model

Is that anyone can participate in running the network and be rewarded for doing so shorter nodes are rewarded with ss tokens for providing storage space and validating transactions on the network

The minimum stake to run a node is twenty thousand ss and the maximum is three hundred thousand ss sharder has also built its own range of hardware

The sharder hub is a micro node miner with built-in storage and validation capabilities the shutter box provides validation mining and 96 terabytes of storage space to the

Network the box can also be set up to dual mine other dpos pos and poc coins as well with a current market cap of 27 million dollars it's clear that charter still has a ways to

Go in rankings but to see the ss token nearly 30 x in a two-month period may just go to show that this may just be a diamond in the rough after more than two years of research

And development component testing and network and commercial trials sharder is ready for commercial implementation shutter's native token ss now has

Usage scenarios that will allow shutters ecology to progressively improve if you'd like to learn more on how sharder is changing the way we store our data forever feel free to check out some of the links

In the description thank you as always for tuning in and i'll catch you in the next you

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