By Jamie G - Cryptocurrency Specialist - 08-08-2021
StorX is reshaping the data storage environment by drastically lowering storage costs while increasing bandwidth. The storage network is changing the online storage industry as it hits a new milestone.
StorX has reached a new industry goal of having a 2.7 PB storage capacity. The decentralised storage system took a month to achieve this incredible feat after its initial debut. However, multiple cloud storage companies have already achieved this goal, but that being said, it took them several months to reach a 2.7 PB capacity.
To put it into perspective, 2.7 PetaBytes (PB) is the same as 2700000 gigabytes (GB) of storage which can hold 11k+ Movies in high-quality 4k resolution. This data means a lifetime's worth of data can be stored in a single cloud storage network.
StorX Network Founder Handy Barot stated that StorX has resistance against censorship and is self-sovereign, which he believes to be why the storage company grew greatly in less than a month. Aside from a capacity increase, the blockchain-based storage network also has an envious community with over 110K+ users.
StorX also has over 2,800 storage nodes while they stake 5.5million of its native cryptocurrency trading token SRX. Again, StorX has accomplished these in less than a month.
The storage network that uses decentralised blockchain technology plans to create a path for the industry to build a more decentralised internet where users control their privacy and security.
If you are looking to Buy and Sellcryptocurrency, but you’re not sure how to buy Bitcoin (BTC) then you can head over to BC Bitcoin where you can safely start investing today.
Dear valued BC Bitcoin UK Clients,
I hope this email finds you well. We are reaching out to inform you of some significant changes to our services that directly impact our operations within the United Kingdom. Regrettably, due to the recent regulatory developments introduced by the Financial Conduct Authority (FCA) and the implementation of the new Financial Promotions Regime, BC Bitcoin is no longer able to offer our services to clients based in the UK. This very difficult decision is in compliance with the regulatory framework and ensures that we uphold the highest standards of transparency and legality. You can view the FCA publication here: https://www.fca.org.uk/publication/finalised-guidance/fg23-3.pdf As a result, we would like to inform you of the following changes and provide guidance on how to manage your assets with BC Bitcoin:
1. **Service Termination for UK Clients:**
BC Bitcoin will no longer be able to accept new purchase orders from clients residing in the United Kingdom.2. **Continued Operation Outside the UK:**
Despite the changes within the UK, BC Bitcoin will continue to operate outside of the UK as normal. Our services will remain unaffected for clients in other regions.3. **Withdrawal of Assets:**
For our UK clients holding assets with BC Bitcoin, we want to assure you that your assets are secure. You have the option to safely withdraw your assets or exchange them to GBP or EUR and subsequently withdraw. We have streamlined the withdrawal process to ensure convenience for our clients.4. **Conversion of Assets:**
To convert your Holdings to fiat please log in to your BC Bitcoin account and submit a sell order for the amount of coin you hold with us. During the process you will shown how much you will receive and asked the bank details you wish to receive payment to. In addition, you can request the conversion by emailing info@bcbitcoin.com from your registered email address. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process.5. **Withdrawal Procedure:**
To initiate a withdrawal, please email your request to info@bcbitcoin.com from your registered email address. You may be asked some security questions to verify your identity. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process. These changes are effective immediately, and we appreciate your understanding and cooperation during this transitional period. We understand that this may be an inconvenience for our UK clients, and we sincerely apologise for any disruption this may cause. Thank you for being a valued part of the BC Bitcoin community. We are committed to providing you with a seamless experience as we navigate through these regulatory changes. If you have any questions or concerns, please do not hesitate to reach out to our customer support team at info@bcbitcoin.com Kind Regards