Storj is a decentralized cloud storage platform that is built on the Ethereum blockchain. It allows users to store their data on a peer-to-peer network, where it is encrypted and distributed across the nodes.

The data is then accessible only with the help of a private key, which makes it secure and private.

The Storj platform was launched in 2014, and since then, it has been growing in popularity. The team behind Storj is constantly working on improving the platform and adding new features.

Recently, they have launched a new feature called “Tardigrade”, which allows users to store their data on the blockchain even if some of the nodes go offline.

The Storj platform has many advantages over traditional cloud storage providers. It is more secure, private, and decentralized.

Additionally, it is much cheaper than traditional storage providers.

So, yes – Storj is built on Ethereum and it is a great platform for those who are looking for an alternative to traditional storage providers.

The AMD Radeon RX 5700 XT is a high-end graphics card based on the Navi 10 GPU. It was released in July 2019 and is positioned as AMD’s flagship mainstream GPU.

The RX 5700 XT is designed for 1440p gaming and is capable of running most games at Ultra settings at 60+ FPS. It is also a very capable graphics card for mining Ethereum.

The AMD Radeon RX 5700 XT has 40 compute units (CUs) with a base clock of 1605 MHz and a boost clock of 1905 MHz. It has 8 GB of GDDR6 memory with a 256-bit memory bus.

The memory clock is 14 Gbps. The TDP (thermal design power) of the card is 225 watts.

The Radeon RX 5700 XT has excellent mining performance due to its high hash rate and low power consumption. It is capable of mining Ethereum at around 50 MH/s while consuming only 145 watts of power.

This makes it one of the most efficient GPUs for mining Ethereum.

The AMD Radeon RX 5700 XT is a great graphics card for both gaming and mining Ethereum. It has excellent performance and is very power efficient.

If you are looking for a graphics card for either purpose, the RX 5700 XT should be at the top of your list.

Polka dot is a new cryptocurrency that has been gaining popularity lately. Many people are wondering if it is better than Ethereum.

Let’s take a look at the pros and cons of each to see which one is superior.

Polka dot has a lot of potential. It is faster and more scalable than Ethereum.

Additionally, it uses a novel consensus algorithm called “Tendermint” which makes it more secure. However, Polka dot is still in its early stages and there is not as much development activity going on as there is with Ethereum.

Ethereum has been around for longer and is more established. It also has a large development community working on it.

However, Ethereum is slower and less scalable than Polka dot. Additionally, Ethereum uses the Proof of Work consensus algorithm which is becoming increasingly outdated.

So, which one is better? That depends on your needs and preferences. If you are looking for a fast and scalable cryptocurrency, then Polka dot is a good choice.

If you are looking for a more established cryptocurrency with a large development community, then Ethereum is a better choice.

The DeFi ecosystem has seen immense growth in 2020. From a value locked in DeFi of $1.

2 billion in January to over $13 billion in November, the space has seen a compound monthly growth rate of 31%. This explosive growth has been driven by a number of factors, including the launch of new protocols, the expansion of existing protocols into new areas, and a general increase in awareness and adoption of DeFi.

One protocol that has seen significant growth in 2020 is DeRace. Launched in January of this year, DeRace is a decentralized racing platform built on Ethereum.

The platform allows users to bet on virtual races using ETH or ERC20 tokens. To date, over $3 million worth of ETH and ERC20 tokens have been wagered on the platform.

DeRace has seen significant growth in 2020 due to a number of factors. First, the platform was launched at a time when the DeFi ecosystem was beginning to take off. This gave DeRace a first mover advantage in the space. Second, the platform has benefited from the overall growth of the DeFi ecosystem.

As more users have become aware of and interested in DeFi, they have also become aware of and interested in DeRace. Finally, DeRace has been able to grow due to the team’s focus on marketing and community building. The team has actively engaged with the DeFi community and worked to make sure that users are aware of the platform and how it works.

Looking forward, it is clear that DeRace has a bright future ahead. The platform is well positioned to benefit from continued growth in the DeFi ecosystem.

Moreover, with a strong team focused on marketing and community building, it is likely that DeRace will continue to see significant growth in 2021 and beyond.

Yes, DeRace is built on Ethereum blockchain which makes it a decentralized application (DApp). It utilizes smart contracts technology making it possible for P2P (peer-to-peer) transactions without any central authority like banks or government institutions.