filecoin

About

Filecoin is a decentralized storage network and blockchain protocol created to let users store, retrieve, and manage data in a secure, distributed cloud system rather than relying on centralized companies. Built by Protocol Labs and integrated with the InterPlanetary File System (IPFS), enabling users to share data securely and rewarding storage providers with their native token FIL. Key Features: • Uses cryptographic proofs to ensure data is stored safely and remains available over time. • All storage deals are recorded on the blockchain to maintain data integrity and trust. • Connects storage providers from around the world, offering global data access. • Anyone can join Filecoin as a user or a storage provider without any approval.

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