Storj, the leader in enterprise-grade, globally distributed cloud object storage, today announced its collaboration with Matter Labs zkSync Era, a layer 2 blockchain protocol that unlocks scalable and low-cost transactions on Ethereum. With increasing demand for decentralized storage solutions, zkSync Eras zero-knowledge rollup implementation will allow Storj to perform faster and more secure transactions, reducing gas fees and making the payment process swifter and more efficient.
As a Layer 2 protocol and ZK-rollup, zkSync Era enables the aggregation of multiple transactions into a single, compressed data structure that can be verified on-chain, allowing for a much higher transaction throughput compared to traditional Layer 1 (L1) solutions. This results in lower costs, faster confirmation times, and ultimately increases the scalability and efficiency of decentralized systems like Storj.
The adoption of zkSync within the Storj community has been strong, and we are committed to supporting the zkSync Era developer ecosystem with our open source tools, said Storj CEO Ben Golub. Zero-knowledge rollups for lower gas payments means that Storj can provide users and our community of nodes with an optimal transaction experience, while continuing to lead as a trailblazer in the field of decentralized infrastructure technologies.
To showcase the capabilities of zkSync Era to the wider Ethereum community, Storj will be maintaining two additional open-source libraries: Crypto-Batch-Payment and Storjscan. The focus will be on creating a seamless onboarding experience for Storjs decentralized cloud storage customers and nodes onto the zkSync Era network. The collaboration will also facilitate EVM-compatible composability for decentralized storage payments, providing customers with more flexibility and customization options.
Its exciting to see projects like Storj improve the overall scalability of their network for decentralized applications by bringing fast, secure, and more affordable decentralized storage to more people worldwide by integrating with zkSync Era” said Marco Cora, Head of Business Development, Matter Labs.
Storj is the only EVM-compatible decentralized storage solution, providing customers with a unique and customizable storage experience. By embracing EIP-4844 and rollup-centric upgrades to Ethereum, Storj is poised to take its offering of decentralized, EVM-compatible storage to the next level with zkSync Era. The company is committed to providing its users with a fast, secure, and efficient decentralized storage solution, and the adoption of zkSync Era is a major step in that direction.
To learn more about Storj and save costs on your cloud storage bill, visit www.storj.io
About Storj
Storj is a leader in decentralized cloud object storage. Built for developers, architects, and IT ops professionals, Storj delivers blazingly fast, CDN-like performance at cold storage prices, enterprise-grade durability, and better security with no vendor lock-in and no single points of failure. Storj meets the leading-edge privacy and sustainability demands for traditional use cases, Web3, and dApps. Easily integrated into any existing stack with S3 compatibility, Storj is architected as a trustless globally distributed network that utilizes existing excess storage capacity making performance, privacy, and resiliency available to any size organization, at 1/5 to 1/20 the price of hyperscalers. Storj stores multiple petabytes and has petabyte-scale enterprise and Web3 customers and partners like Pocket Network, Atempo, iXsystems, Gabb Wireless, and the University of Edinburgh. STORJ is an ERC-20 token used across the Storj network.