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The InterPlanetary File System is a peer-to-peer distributed file system protocol for sharing and storing data. It is similar to Torrent software, in that the users distributed on the network hold small portions of the data requested. Being decentralized, it comes with the benefits of such systems, like increased security and lower costs. It is being developed by Protocol Labs.
The goal of the IPFS fits into the larger goal of the development of Web 3.0. It is designed to make the web more fair, faster, safer and more open - all principles that guide the development of Web 3.0.
Each user on the IPFS is given a unique address by the content addressing method and duplicates are removed from the network. Furthermore, each node on the network need only store the data it is interested in, as well as some indexing information. Users can then search the network for the data they want - which is presented in human-readable form.
The IPFS is gaining ground in crypto circles, and several blockchain projects are working with it, the most notable being Filecoin, a project dedicated to providing decentralized cloud storage services. Developers can do several things on the IPFS, including building apps or services, besides sharing, storing and publishing data.
Developers have already identified several currently functional use cases: archiving, service providing, research, better access for developing nations, content creation and blockchain technology.
30 Apr 2024 6 minute read 1 comment letssittt
Introduction to Web3 and Decentralization In the era of the digital transformation, the idea of decentralization has been gaining momentum at the same time. For the most part, it is the growth in the development and adoption of blockchain technology...
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Rationalizing the fact that we travel to Mars as a human civilization, and did not evolve on Mars as is believed to be an evolution on Earth by many, this raises enlightenment and awareness. click on NFT or here to collect Population Statistical mas...
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The storage tokens on Coingecko (a category gathering several storage tokens like Filecoin, Storj or Arweave) has increased by 15% in the last 7 days. Should you invest in blockchain-based storage solutions? There are several different blockchain-bas...
12 Dec 2022 1 minute read 0 comments Basher17
IPFS, or InterPlanetary File System, is a decentralized network for storing and sharing files. It uses a peer-to-peer network to distribute files and ensure that they are stored in a highly available and redundant manner. This means that, unlike with...
30 Jun 2022 1 minute read 0 comments lemsmyth
Anyone that has purchased Filecoin on an exchange and has wanted to move it off exchange probably knows that the wallet support for the Filecoin token (FIL) is somewhat lacking. There are a few ways to hold Filecoin, but none of them are very conveni...
27 May 2022 1 minute read 0 comments Astronaut
Earlier we talked about the Web3 social network Solcial. As you remember, one of the advantages of Solcial is that there is no censorship. But do you know what makes Solcial actually uncensored? Let's talk about that. Solcial doesn’t rely on censor...
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One was working on a project, and someone gave me feedback; and one realizes something that one taken for granted on the blockchain: immutability. One thought of creating something immutable, but one still have some control over non-intrusive decisio...
18 Feb 2022 2 minute read 3 comments Amyantum
...and all I got is a glorified virtual doorstop. No seriously. Beware: by no means I'm alluding that Unstoppable Domains is a scam, au contraire: it's a gift from heavens and a great alternative to ENS. It's just that there's more in the lack depart...
28 Jan 2022 1 minute read 9 comments wantumeni
Jasmy ($JASMY) earn campaign is live since January 28th. What is Jasmy? Jasmy is an Ethereum token that powers Jasmy, an organization that develops IoT (Internet of Things) platforms. Rather than coordinating networks of devices and data through cen...
11 Jan 2022 2 minute read 4 comments Heath Muchena
Ecosystem for P2P Storage Contracts & Layer 2 Solution for Decentralized Storage Protocols Designed to function as a second-layer on Filecoin’s mainnet network, Folder Protocol (FOL) aims to make it possible to send large batches of data while also p...
