StorX Network Becomes the Answer to the Storage Needs of XDSea Marketplace
StorX Network, provider of decentralized storage, has teamed up with NFT Marketplace XDSea to form a partnership to eliminate IPFS-based centralized storage. Under the terms of the partnership, it follows that XDSea will use StorX’s decentralized storage network as a store for their art, images and documents.
We are pleased to announce the partnership between: @StorXNetwork and @XDSeaNFT†
XDSea will use Storx’s decentralized storage network to store art, images and documents. This will remove the file storage centralized with ipfs.#StorX #SRX #partnership https://t.co/zfM7asYJaz
— StorX Network (@StorXNetwork) March 3, 2022
XDSea is the very first and largest decentralized P2P marketplace in the world providing an avenue for selling and buying NFTs. XDSea is built on top of the XDC network and runs on the XRC blockchain. The collaboration and the expected offer is a testament to the numerous promises made by DIMO and XinFin that organized the official debut of the XDSea network. From the first NFT marketplace to join the XRC blockchain and now offering more secure and reliable storage for digital collectibles, the possibilities remain endless for XDSea.
Already known for its pioneering role, XDSea offers very affordable gas rates to the market today thanks to its association with XinFin. In addition, it also offers the lowest transaction costs on the market today. By meeting users at the intersection linking gas tariffs, transaction fees and now security, XDC is a game changer in an extremely flexible and dynamic industry.
StorX Network’s Decentralized Cloud Competitive Features
StorX Network has revolutionized data storage, providing a blockchain-based decentralized cloud storage solution. This solution bypasses tracking, censorship, blocking or the presence of any downtime. With this offering, StorX leads netizens to a safer and more secure Internet version where decentralization is the theme. XDSea is the first of many ready to take advantage of this future.
With this partnership, XDSea plans to leverage StorX decentralized storage for the secure storage of NFTs in the range of art, images and documents; an action that will eliminate the centralization element of storing files typical of IPFS.
IPFS is basically the hard drive of blockchain with a specific approach to data storage. IPFS stores data in such a way that when data is added to the IPFS network, the network splits it into groups of 256Kb capacities. Each group is identifiable using a specific hash and is then spread across multiple nodes on the hash-linked networks.
StorX is more secure than IPFS
While both use transport encryption, StorX offers more security thanks to its content encryption feature. While user data is more secure when sent between individual IPFS nodes, that data is accessible to anyone who wants to download and view it, provided they have the CID. StorX improves security by providing the content encryption feature.
In addition, the XDSea will take advantage of, among other privileges offered by StorX, the assurance of providing users with a more secure and reliable storage network for their digital collectibles in the cloud. With this partnership, therefore, XDSea expects to bring a more secure and unregulated storage experience to its valued user community, allowing them to design and develop their valuable NFTs on the open-source NFT Marketplace, XDSea.
In particular, the partnership marks a notable milestone for StorX, positioning them as the first storage provider to partner with XDC NFT Marketplace to solve their storage needs. The mechanics believe that every file a user uploads on StorX is split into multiple parts before being encrypted into several fragments and finally stored in independent storage nodes. The nodes are managed by different operators in different parts of the world.
The hallmark of StorX network offerings is that the system is designed as a group of autonomous storage networks. This means that no single operator has full access to a single user’s data. Therefore, with different parts held by different operators, the amount of power or influence held by a single holder is greatly reduced to an almost invaluable minimum, improving user safety.
#XDCNFT come to the #XDCNetwork† It’s still early days, but new artists, fans and innovators are quickly joining the #XDC community. Brace yourself, this room is about to explode! pic.twitter.com/YjvilI4Nox
— PiusVirXDC (@PiusVir) March 21, 2022