Drive

Decentralized blockchain data storage and delivery platform for users who value affordability, security, speed, and privacy

BTD Drive online storage combines a P2P cloud network with decentralized blockchain technology to create the world's first truly decentralized storage platform. In this robust global market the price of storage will be driven by supply and demand, not by the corporate pricing departments, and miners will compete on the factors like the reputation for reliability as well as the price.

BTD Drive.

Private Cloud Storage Powered by Bitcoin Dollar Coins

Familiar cloud storage interface built with blockchain technology keeps you in full control of your files and who can view them. We will never ask for any personal information. No email, no contact, nothing. You control who can view your files. By default, you and only you know these files exist. Using the BTD, you can pay for your storage needs without ever having to use a credit card.

BTD Drive is reinventing cloud storage. Our technology connects users who need file storage with hosts worldwide offering underutilized hard drive capacity. Blockchain technology secures their data and enables improved economics for users and hosts.

BTD Drive uses state-of-the-art encryption algorithms to ensure that your files are secure. BTD Drive platform encrypts your files at rest to provide comprehensive protection for your files. As long as you protect your BTD Drive login, your data is safe.

Your unique BTD Drive Account Handle is the single point of access to your storage account.

Only you know this BTD Drive account, and only you have access to your files unless you decide to share the account. BTD Drive applies zero-knowledge principles, meaning we do not track anything you upload or download.

You may also choose individual files to share with a unique File name that others may use to view shared files on the platform.

Our long term goal is for BTD Drive to become the backbone storage layer of the Blockchain Internet.

BTD Drive blockchain allows this marketplace to run without an intermediary. Bit-Drive secures storage transactions with smart contracts, creating a more reliable and affordable offering when compared to traditional cloud providers. No one person or organization can censor or deny access to data—not miners, not developers, nor any government. We believe BTD Drive’s distributed, decentralized storage technology is stronger, more secure, more efficient, and more equitable for the entire ecosystem. We believe that neither individuals nor institutions should be beholden to large corporations. Bit-Drive was created to promote and safeguard users’ freedoms. It’s our attempt to bring decentralized storage built on blockchain technology to the mainstream without sacrificing price or performance.

Decentralized Apps

Your smart contracts or other decentralized application data on the blockchain can be stored on external storage by utilizing APIs.

Data Exchange

BTD Drive provides ways to match file assets sellers & buyers and can handle transactions safely and reliably without requiring an intermediate party.

Media Streaming

BTD Drive provides cost-effective bandwidth resources that help reduce the costs of content distribution significantly.

Enterprise Data Storage

BTD Drive can slash costs for enterprise data storage while providing high performance services.

A decentralized data storage and delivery platform for devs that value affordability, speed, and privacy .

BTD Drive significantly cuts the price tag by making use of the vast amount of bandwidth and storage resources sitting idle on the Internet. BTD Drive’s decentralized storage network uses unique data partition and encryption algorithms, which ensures that user data can only be indexed and retrieved by a unique private key. BTD Drive is designed from the ground up to perform efficiently on a global scale by leveraging the founding team’s experience from running decentralized networks with hundreds of millions of users.

Massive amounts of storage sit unused in data centers and hard drives around the world.

Earn Bitcoins
for hosting files

Put your unused storage to work by becoming a BTD Drive miner. Use the Bit-Drive mining software to get paid for fulfilling storage requests and hosting files on the global BTD Drive market.

Exchange Bitcoins for US Dollars and more

Bitcoins will be traded on a number of exchanges and supported by multiple crypto wallets, allowing you to easily exchange BTD for other currencies like US Dollars, Euro, Litecoins and Ether.

Reliably store files at hyper­competitive prices

Clients can tune their storage strategy to suit their needs in redundancy, speed of retrieval and cost. BTD Drive storage and retrieval markets make miners compete to give you flexible options at the best prices.

BTD Drive Key Features

BTD Drive software divides files into 60 segments before uploading, each targeted for distribution to hosts across the world. This distribution assures that no one host represents a single point of failure and reinforces overall network up time and redundancy. File segments are created using a technology called BTD Read erasure coding, commonly used in CDs and DVDs. Erasure coding allows BTD Drive to divide files in a redundant manner, where any 20 of 60 segments can fully recover a user's files. This means that if 40 out of 60 hosts go offline, a BTD Drive user is still able to download the files.

Before leaving a renter's computer, each file segment is encrypted. This ensures that hosts only store encrypted segments of user data. This differs from traditional cloud storage providers like Amazon, who do not encrypt user data by default. BTD Drive is more secure than existing solutions because hosts only store encrypted file segments, rather than whole files. Bit-Drive uses the Threefish algorithm, an open source, secure, high-performance encryption standard.

Using the Bitcoin blockchain, renters form file contracts with hosts. These contracts set pricing, up time commitments, and other aspects of the relationship between the renters and the hosts. File contracts are a type of smart contract. They allow us to create cryptographic service level agreements (SLAs) that are stored on the Bitcoin blockchain. Since file contracts are automatically enforced by the network, BTD Drive has no need for intermediaries or trusted third parties.

Both renters and hosts use Bitcoin Dollars, a unique cryptocurrency built on the Bitcoin blockchain. Renters use Bitcoins Dollars to buy storage capacity from hosts, while hosts deposit Bitcoin Dollars into each file contract as collateral. Micropayments flow between renters and hosts using a technology called BTD payments, which is similar to Bitcoin's Lightning Network. Payments between renters and hosts occur off-chain, greatly increasing network efficiency and scalability. Since hosts pay collateral into every storage contract, they have a strong disincentive to go offline.

Renters prepay for storage within file contracts, setting aside a fixed amount of Bitcoin Dollars to be spent on storing and transferring data. File contracts typically last 1 day to 10 years. Bit-Drive automatically renews contracts when they are within a certain window of expiring. If contracts are not renewed, BTD Drive returns any unused coins to the renter at the end of the contract period. As individual hosts go offline, BTD Drive automatically moves renter data to new hosts in a process called file repair.

At the end of a file contract, the host must prove that he/she is storing the renter's data. This is called a storage proof. If the storage proof appears on the blockchain within a certain timeframe, the host is paid. If not, the host is penalized. Storage proofs are made possible by a technology called Merkle trees. Merkle trees make it possible to prove that a small segment of data is part of a larger file. The advantage of these proofs is that they are very small, no matter how large the file is. This is important because the proofs are stored permanently on the blockchain.

A Decentralized Market for Storage

BTD Drive network achieves staggering economies of scale by allowing anyone worldwide to participate as storage providers.

It also makes storage resemble a commodity or utility by decoupling hard-drive space from additional services. In this robust global market the price of storage will be driven by supply and demand, not by the corporate pricing departments, and miners will compete on factors like the reputation for reliability as well as the price.

Be Part of the Revolution

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