What Does Filecoin Seek To Achieve?by@mitchw
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What Does Filecoin Seek To Achieve?

by Mitch Wagner4mAugust 28th, 2020
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Filecoin is a novel distributed network protocol that enables a global, decentralized marketplace for data storage. The public launch of the main Filecoin network is slated for as early as next month. The project has reached a state where developers can begin evaluating the use of Filecoin in their own technology stacks. The Filecoin protocol is expected to manifest as an extremely reliable, low-cost cloud storage solution, bringing to the table several capabilities that other paid alternatives have never been able to offer. It employs a variety of novel crypto-economic constructions.

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