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پنج شنبه 21 مهر 1401, 18:08 عصر
What is Filecoin? (FIL) (https://coincupdaily.com/what-is-filecoin-fil/)
Filecoin is a cryptocurrency designed to encourage a global network of computer operators to provide file sharing and storage services.
The project’s founders claim that if enough people adopt it, it could become the fastest and cheapest way to store data on the Internet. Additionally, it does not rely on a central authority, meaning that its file exchange cannot be censored by governments or other actors.
This is because Filecoin is maintained by miners who dedicate the computing power to providing the calculations that make it work. Filecoin miners get paid to make storage space available to users. Filecoin users must each in turn pay miners to store, retrieve or distribute this data.
The Filecoin network operates on another protocol for decentralized file management called the Interplanetary File System (IPFS). The two systems have many similarities, although the main difference is that while IPFS is free to use, there is no revenue for miners. Using Filecoin costs money, but it also has the ability to generate income.
With this in mind, investors and traders should note that Filecoin is not the only protocol that claims to offer a decentralized file storage and sharing system powered by cryptocurrencies.
https://coincupdaily.com/what-is-filecoin-fil/
Filecoin is a cryptocurrency designed to encourage a global network of computer operators to provide file sharing and storage services.
The project’s founders claim that if enough people adopt it, it could become the fastest and cheapest way to store data on the Internet. Additionally, it does not rely on a central authority, meaning that its file exchange cannot be censored by governments or other actors.
This is because Filecoin is maintained by miners who dedicate the computing power to providing the calculations that make it work. Filecoin miners get paid to make storage space available to users. Filecoin users must each in turn pay miners to store, retrieve or distribute this data.
The Filecoin network operates on another protocol for decentralized file management called the Interplanetary File System (IPFS). The two systems have many similarities, although the main difference is that while IPFS is free to use, there is no revenue for miners. Using Filecoin costs money, but it also has the ability to generate income.
With this in mind, investors and traders should note that Filecoin is not the only protocol that claims to offer a decentralized file storage and sharing system powered by cryptocurrencies.
https://coincupdaily.com/what-is-filecoin-fil/