New Listing: SRX Token

In Announcements

We are happy to announce that the SRX token is now available on Liquid!

About StorX

StorX is a decentralized cloud storage network, which empowers users to store their data securely on the cloud. Each file uploaded on StorX is split and encrypted into multiple fragments, these fragments and then distributed across autonomous storage nodes operated by individual operators across the world. Designed as the collection of autonomous storage networks, no individual operator has complete access to your data. 

StorX is not only faster compared to legacy centralized storage providers but also allows users to save substantial amounts on costs compared to a centralized cloud. StorX enables users with spare storage capacity to lease space and earn fabulous returns by hosting Storage node at Farmer.storx.io. 

The utility token SRX which was deployed on XinFin XDC Network is actually a gateway into the StorX Network project. The total supply of SRX tokens is around 500 million as per the details mentioned at https://storx.tech/srx-token.html. Thanks to XDC Network for its extremely low transaction cost with the high-speed settlement which will be helpful in the practical usage of our utility token in the real world.

Various Features of StorX Network:

Greater Security - StorX is based on XinFin’s blockchain platform and inherits its advanced security features, including immutability and consensus. Additionally, it features end-to-end encryption and as data stored on the network is split into encrypted fragments among storage nodes, individual host/operators will never be able to access the data or manipulate it.

100% Anonymity and Privacy - StorX encrypts and shreds your data into tiny fragments and distributes it across a decentralized network. The hosts store a fragmented copy of your file on their node and have no way of knowing the content of your files or its owner and only you hold the decryption keys that can assemble and retrieve your encrypted files.

Value for Money - There is a great level of competition among host nodes competing to store data ensuring fair prices to every user and with a vast pool of nodes to choose from, the amount of storage available becomes significantly higher which in turn reduces the cost to store data. Not only is StorX superior compared to centralized cloud storage services in terms of features, but it also offers the best value for money at a fraction of the cost.

Faster Speeds - Due to the decentralized architecture of StorX, encrypted copies of your data are stored across multiple regions, ensuring faster retrieval speeds.

StorX Listing Details

Listing Date: November 26th, 2021 at 3 PM (JST).

Trading Pair: SRX/USDT and SRX/XDC.

From 26th of November, 2021 - 10th of December, 2021 we offer 0 fees for trading StorX pairs on Liquid. 

Trade now

All guest authors’ opinions are their own. Liquid does not endorse or adopt any such opinions, and we cannot guarantee any claims made in content written by guest authors.

This content is not financial advice and it is not a recommendation to buy or sell any cryptocurrency or engage in any trading or other activities. You must not rely on this content for any financial decisions. Acquiring, trading, and otherwise transacting with cryptocurrency involves significant risks. We strongly advise our readers to conduct their own independent research before engaging in any such activities.

Liquid does not guarantee or imply that any cryptocurrency or activity described in this content is available or legal in any specific reader’s location. It is the reader’s responsibility to know the applicable laws in his or her own country.

WRITTEN BY

Liquid

Providing liquidity for the crypto economy.