Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO]Memority - secure decentralized data storage on blockchain
by
memority
on 14/06/2018, 12:06:02 UTC

Btc dropping badly I curse all those ico teams they are the worst nightmare that are causing cryptocurrency to die. Btc can never dump this fast if there are no whales selling off and I can go to any length to prove it that ico teams are devils. Please don't buy icos again.crypto trading can never be profitable again if people keep buying icos.these tokens cost scammers nothing to create please be wise

Well that's uncalled for. Your accusations seem to lack actual arguments. Did you actually come to these conclusions by analyzing something (if yes, then what?) or you just emotionally decided to blame the first thing that came to your mind?
Also, very weird that you accuse all ICOs yet have a signature promoting one of them  Grin

In simple terms explain me how data storage can works on Blockchain, also is there a method to access this cloud storage with the use of internet? If it can't, how is it better than existing cloud storage platforms like Google Drive, 1Drive etc?

Files are uploaded to hosts (be it hosting providers or just other people with spare hard drive space), they are encrypted and their hash is calculated and written into a distributed blockchain ledger. Those hash codes are later used to check files integrity and authenticity. Afterwards, basically, our monitoring systems continuously check stored files and if anything is amiss - they independently reupload files to new hosts, kicking "bad" ones.
By accessing via Internet you mean like Web interface?
How is our storage better than Google Drive and others? Well, 3 points:
1. You can not lose your data or access to it.
2. Nobody can see you data, delete of modify it, and so on.
3. No single corporation holds you data and profits from you, Memority is completely decentralized and after release will belong only to its users.