HomeBLOCKCHAINThe Blockchain Lands In The World Of File Sharing

The Blockchain Lands In The World Of File Sharing

Blockchain offers numerous alternatives to cloud file-sharing services. Decentralized document management increases security and privacy, ensuring confidential and resilient storage.

InterPlanetary File System

InterPlanetary File System (IPFS) is a protocol for storing files of all types (text and multimedia) equipped with Peer To Peer sharing capabilities, i.e., with a network similar to that of services such as BitTorrent, capable of guaranteeing to manage of a distributed file system. The limit of centralized hosting is overcome thanks to the content addressing mechanism of the protocol, which in this way, can uniquely identify each file within the network connecting IPFS nodes without having to refer to a physical path on the server. A particularly disruptive feature of the IPFS protocol was its ability to distribute multimedia websites accessible from browsers with the usual HTTP and HTTPS protocols, which made it attractive to the large pool of web developers. 

For file access, IPFS does not use an address on a local disk but a Content Identifier (CID). From a logical point of view, a CID is similar to the pointers used in some languages ​​, such as C, to access variables. It allows you to retrieve the data without worrying about the nodes on which it is physically saved. This addressing file system caught the attention of some engineers developing Web3 solutions using the blockchain because it allowed them to implement non-centralized storage and free themselves from using existing cloud solutions, which were against the principles they were developing in their innovative applications.

Storage Lands On The Blockchain

In their eyes, IPFS is the ideal reason for creating stockpiling arrangements similar to the decentralization standards. Its capacity to repeat and address documents given their substance and not their area prompted the establishment of an undertaking in 2017 whose point was to depend on IPFS to make the primary stockpiling arrangement on the blockchain. Convention Labs, an organization that considers one of the dads of IPFS among its partners, with the FileCoin project, made the best pledge drive throughout the entire existence of Fintech.

FileCoin was created, exploiting every one of the elements presented by IPFS to give decentralized and protected solid capacity. FileCoin’s objective was to make an open stockpiling commercial center in which the help cost is independent of a focal power not entirely set in stone by the exchange between client interest and supply. To accomplish this, FileCoin has presented its token and exclusive agreement calculation: Verification of Capacity, which recognizes the undertaking’s blockchain from other blockchains, like Bitcoin. With this agreement component, the excavator gets compensation in cryptographic forms of money for the extra room it makes accessible to the organization.

The Evolution Of Blockchain Storage

FileCoin witnessed significant growth in its user base in a short time. Its success led to a trail of competitors who tried to improve some limits of the original implementation or extend the service to other blockchains. One such alternative proposition is Arweave, a storage solution originally born primarily for the Solana network, a blockchain that boasts a particularly active NFT scene. 

Arweave was committed to offering NFT creators a transparent storage experience that guaranteed the preservation of the assets on which the NFT was built for an infinitely guaranteed time. Another blockchain storage proposition is the Crust project, which mainly focuses on privacy. Crust assigns a unique token to the user for each file saved, and only those in possession of that token can view the file’s contents, which remains inaccessible to store managers. 

Another project that has recently aroused interest is Storj. Storj offers the user an intuitive interface like Google Drive but allows access to a storage infrastructure entirely on IPFS. In addition to the new storage infrastructures, services have also arisen that extend its functionality or hide the more technical aspects from users. NFT creators, for example, can use storage providers (such as Pinata) to take advantage of interfaces that simplify IPFS management while preserving all the advanced features.

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