Storage? Always handy. My old USB hard drive (non-SSD) is not that reliable anymore anyway.
Who are those storage providers? Computers. They're responsible for storing files and proving that they have stored them correctly over time. You can get paid for storing other people's files or pay to store your own.
It's a peer-to-peer storage network that leverages content addressing. To be reliable and easily accessible, Filecoin has put an incentive layer on top of the content.
Their idea brings a cheaper solution for all kinds of storage: Web3 native NFT and metaverse/game asset storage, incentivized permanent storage, to archiving Web2 datasets.
Clever, yet no special idea, yet safe. 4 stars. Show Less
