Filecoin: Decentralized Open Source Storage System

Filecoin: Decentralized Open Source Storage System

Filecoin: Decentralized Open Source Storage System

El Open Source increasingly interrelated or mutually beneficial, with sister technologies of the Blockchain and Decentralized Finance (DeFi).

Which is why today, we will explore a related application of Open Source, Blockchain and DeFi, from the field of Storage systemsCalled "Filecoin".

IPFS: An advanced file system with P2P and Blockchain Technology

IPFS: An advanced file system with P2P and Blockchain Technology

However, on other occasions we have also published about open decentralized messaging apps, more secure and efficient, on a chain of blocks and with possibilities of monetization or financial uses, such as "Adamant, Juggernaut, Sphinx and Status".

Also, before commenting on "Filecoin"It is important to note that said application or open source technology is closely linked to another application that was highly reviewed previously in the Blog, called «IPFS». And on which, in due course we express the following:

"... IPFS could complement or replace the current Hypertext Transfer Protocol (HTTP), which is the one that currently executes information transfers in the cloud (web) at a global level. Therefore, IPFS aims to transform the current operation of the Internet based on centralized servers into a fully distributed web under P2P Technology and Blockchain. In order to thus become a distributed file system, with directories and files, that can connect all computer devices and digital content, globally, with the same file system." IPFS: How to use the Interplanetary File System in GNU / Linux?

Related article:
The new version of IPFS 0.8.0 has already been released and makes it easier to work with pins
IPFS: How to use the Interplanetary File System in GNU / Linux?
Related article:
IPFS: How to use the Interplanetary File System in GNU / Linux?
IPFS: An advanced file system with P2P and Blockchain Technology
Related article:
IPFS: An advanced File System with P2P and Blockchain Technology

And for those interested in delving into the applications "Adamant, Juggernaut, Sphinx and Status", previously mentioned, you can click on our next entry related to that topic:

Adamant: Free decentralized anonymous messaging app and more
Related article:
Adamant: Free decentralized anonymous messaging app and more

Filecoin: Blockchain-based decentralized storage system

Filecoin: Blockchain-based decentralized storage system

What is Filecoin?

According to Official website of the "Filecoin Foundation", who is the independent organization dedicated to supporting "Filecoin"This open source technology or application It is described as:

“A peer-to-peer network that stores files, with built-in financial incentives to ensure files are stored reliably over time. Filecoin's mission is to create a decentralized, efficient and robust base for humanity's information. " What is Filecoin?

In addition, in more detailed and clear terms, and taking into account the relationship of "Filecoin" with "IPFS" the following can be added:

""Filecoin" with "IPFS" they are two separate and complementary protocols, both created by Protocol Labs. IPFS allows peers to store, request and transfer verifiable data with each other, while Filecoin is designed to provide a persistent data storage system. Under Filecoin's incentive structure, customers pay to store data with specified levels of redundancy and availability, and miners get paid and rewarded for continuously storing data and cryptographically demonstrating it. ”

In short, it can be said that:

“IPFS directs and moves the content, while Filecoin is an incentive layer to persist the data. These components are separable - you can use one without the other, and IPFS already supports more self-organizing or altruistic forms of data persistence through tools like IPFS Cluster. The compatibility between IPFS and Filecoin is intended to be as seamless as possible, and is expected to evolve over time. " What is the relationship between IPFS and Filecoin?

And what else is Filecoin?

Given the, "Filecoin" besides being a Open Source Project, it is also a Blockchain and DeFi Project, has the following characteristic:

“It is a protocol and a token, whose blockchain works under a novel test, called Proof-of-Spacetime or PoST), where the blocks are created by miners who are storing data. The Filecoin protocol provides a data storage and retrieval service through a network of independent storage providers that does not depend on a single coordinator, where: Customers pay to store and retrieve data. Miners earn tokens by offering storage, that is, miners earn tokens by delivering data. " What is Filecoin?

Why implement and use Filecoin?

"Filecoin" and open source solution, can help us not depend on proprietary, closed and commercial solutions such as DropBox y Mega on our free and open Operating Systems, such as, our GNU / Linux Distros.

That is to say, that being "Filecoin" a decentralized storage network based on a Block Chain, can be purchased or offered for rent, disk storage space (cloud).

And consequently, the people who entrust storage of its personal data, and other important data related to any company. The information would simply reside on the web, distributed and stored in different computers around the world.

For more information on "Filecoin" you can visit your Official website, its website on GitHub or the next unofficial link about it.

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Conclusion

We hope this "useful little post" about «Filecoin», which is Decentralized storage system based on Blockchain and Open Source, and at the same time, it is an excellent example of the union between the philosophy of Free Software and Open Source more the Blockchain Technology and DeFi technology trend, of which we have already spoken before; is of great interest and utility, for the entire «Comunidad de Software Libre y Código Abierto» and of great contribution to the diffusion of the wonderful, gigantic and growing ecosystem of applications of «GNU/Linux».

For now, if you liked this publicación, Do not stop share it with others, on your favorite websites, channels, groups or communities of social networks or messaging systems, preferably free, open and / or more secure as TelegramSignalMastodon or another of Fediverse, preferably. And remember to visit our home page at «FromLinux» to explore more news, as well as join our official channel of Telegram from DesdeLinuxWhile, for more information, you can visit any Online library and OpenLibra y jedit, to access and read digital books (PDFs) on this topic or others.


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