This program would help to expand the contribution by the crypto community towards Folding@Home (F@H), a distributed scientific research platform.
On April 22, 2020, Storj, while making announcement stated that its new program would help those global organizations that are involved in COVID-19 research, by providing them free online storage.
The new program by the blockchain-based cloud network would offer one terabyte of free cloud storage to the organization that are working together in a fight against COVID-19 pandemic. Storj would also offer a monthly bandwidth of one terabyte of storage to the qualifying organisation for one year on its Tardigrade decentralized cloud platform.
In its announcement, Storj has promised to provide up to five petabytes of data and storage to the qualifying entities. And it has also mentioned that if an organization requests for resources over one terabyte, then the decentralized storage network would definitely consider it.
Storj contains open-source, decentralized file storage solution for storing the data on the peer-to-peer network. The solution uses encryption, file sharding and blockchain for doing so.
Currently, a lot of financial and material donations have been made in a fight against coronavirus pandemic, therefore, to support the world the crypto community decided to make computational resources donation in a distributed research platform, F@H.
The global industry of scientific research labs decided to generate F@H to sort computer power towards medical research.
Recently, F@H has introduced a project that would stimulate the molecular structure of the virus and then would update the development of potential treatments.
On March 31, 2020, Bitfury donated a few of its nodes to F@H. Followed by this, CoreWeave, an Ethereum miner, decided to send 6000 GPUs to F@H project, in a fight against COVID-19.
Articles You May Read.