Would You Rent Out Your Unused Drive Space?

Press2ToContinue writes "There is a new idea out there, proposed by Shawn Wilkinson, Tome Boshevski & Josh Brandof, that if you have unused disk space on your HD that you should rent it out. It is a great idea and the concept may have a whole range of implementations. The 3 guys describe their endeavor as: "Storj is a peer-to-peer cloud storage network implementing end-to-end encryption would allow users to transfer and share data without reliance on a third party data provider. The removal of central controls would eliminate most traditional data failures and outages, as well as significantly increasing security, privacy, and data control. A peer-to-peer network and basic encryption serve as a solution for most problems, but we must offer proper incentivisation for users to properly participate in this network."

Comments

Nope

[Anrego]

Two biggest reasons:

1) Even encrypted, I'd still be pretty wary of having arbitrary files stores on my machines. Even if legally in the clear, just dealing with an LEA when someone uses your machine as a child porn host is going to be unpleasant.

2) Bandwidth is far more valuable to me than storage space. I've got tonnes of storage space, it's cheap. Bandwidth far less so.

Re:Nope

[BarbaraHudson]

Storj is based on blockchain technology and peer-to-peer protocols to provide the most secure, private, and encrypted cloud storage.

That's what they all say. Funny how it never works out that way.

Re:Nope

[whoever57]

Even if legally in the clear, just dealing with an LEA when someone uses your machine as a child porn host is going to be unpleasant.

Imagine this in the UK:

Police:"We think you have kiddy porn on your computer, what are the contents of these encrypted files?"
You: "I don't know"
Police: "Tell us the password"
You: "I don't know it"
Judge: "Go to jail until you tell us the password!"