IPFS, Filecoin and The Vision for a Decentralized Web (Part 1 of 2)
IPFS (InterPlanetary File System) is a fully decentralized distributed system for storing and accessing files, websites, applications, and data. Released just over 5 years ago by Protocol Labs, it has had a tremendous impact in the Web3 space as the standard for how projects store data. Filecoin is a complementary protocol to IPFS and was recently launched on the mainnet. Filecoin is the economic layer which powers a decentralized file storage network. It enables users to store their files at hypercompetitive prices and verify that their files are being stored correctly. And it allows storage providers to sell their storage on an open market.
Juan Benet is the Founder & CEO of Protocol Labs, which has had a huge impact in the blockchain ecosystem. It's also the organisation behind IPFS and Filecoin. Juan returns to the show after 5 years to give us an important update on the long-term vision to fund innovative technologies, IPFS since it was created, and Filecoin as a foundation to a new decentralized cloud.This is a Part 2 series and in the next episode we deep dive in to the technical aspects of Filecoin.
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