Introducing Filecoin, a decentralized storage network
Description
The internet is built on a vulnerable centralized infrastructure, which leads to risks of disconnection and loss of access, so decentralized technologies were created. Such as the IPFS protocol, designed to increase resilience and preserve information. The next step was Filecoin, a decentralized data storage marketplace where users can rent out free space on their devices and receive rewards in the form of crypto tokens. This system allows many individual participants to unite into a powerful network, providing access to data in regions with unreliable internet and opening up opportunities for local entrepreneurs and users around the world.