A Decentralized Storage Network for the World's Information
Filecoin is making the web more secure and efficient with a decentralized data storage marketplace, protocol, and cryptocurrency.
Filecoin is a decentralized storage network designed to store humanity's most important information. It is built on top of the InterPlanetary File System (IPFS) and allows users to rent out their spare storage space on the network. Filecoin aims to create a more efficient and secure way to store and retrieve data by incentivizing a global network of computers to host files.
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Citation Level
2017
English, etc
Website Key Features
Decentralized Storage
Filecoin offers a decentralized storage solution, ensuring data is distributed across multiple nodes for enhanced security and reliability.
Incentivized Network
Users are incentivized to provide storage space and bandwidth to the network through Filecoin's native cryptocurrency.
Data Retrieval
Efficient data retrieval mechanisms ensure that stored data can be accessed quickly and reliably.
Proof of Replication
Filecoin uses Proof of Replication to ensure that storage providers are storing the data they claim to be storing.
Proof of Spacetime
This feature ensures that storage providers are continuously storing the data over time.
Smart Contracts
Filecoin supports smart contracts, enabling automated and trustless agreements between users and storage providers.
InterPlanetary File System (IPFS) Integration
Built on top of IPFS, Filecoin benefits from its distributed file system for storing and sharing data in a distributed manner.
Marketplace
A decentralized marketplace allows users to buy and sell storage space, creating a competitive and efficient market.
Data Encryption
Filecoin ensures that all data stored on the network is encrypted, providing an additional layer of security.
Scalability
The network is designed to scale with demand, ensuring that it can accommodate a growing number of users and data.
Similar Sites and Competitors
Additional information
Founders
Filecoin was founded by Juan Benet, who is also the creator of the InterPlanetary File System (IPFS).
ICO
Filecoin conducted one of the largest Initial Coin Offerings (ICOs) in history, raising over $257 million in 2017.
Mainnet Launch
The Filecoin mainnet officially launched in October 2020, marking the beginning of its decentralized storage network.
Token
The native cryptocurrency of the Filecoin network is called FIL, which is used to incentivize storage providers and pay for storage and retrieval services.
Partnerships
Filecoin has partnered with various organizations and projects, including the Internet Archive, to explore decentralized storage solutions.
Community
Filecoin has a vibrant and active community of developers, miners, and users who contribute to the network's growth and development.
Development Team
The development of Filecoin is led by Protocol Labs, a research and development lab focused on improving the internet and computing.
HTTP headers
Security headers report is a very important part of user data protection. Learn more about http headers for filecoin.io