Results for {phrase} ({results_count} of {results_count_total})
Displaying {results_count} results of {results_count_total}
Courses
Pages
Blog Posts
The internet is an amazing invention that has become intertwined in billions of people’s everyday lives. Everything between banking, learning, watching movies, and connecting people are done using the internet. It’s impossible to deny how the internet has become one of the most important inventions for society, but yet, it isn’t entirely perfect. Specifically, one of the problems with the current state of the internet is that it is centralized. This means that all the information on the internet is available through large server farms that hold this data. Centralization, in turn, brings troubles such as censorship, and servers that can go offline. To eschew the notion of a centralized web, another solution was created. Specifically, one solution looking to move beyond the centralized web is that of the InterPlanetary File System, or IPFS.
Filecoin is a blockchain-based, decentralized storage network, powered by the Filecoin token (FIL). Following a successful initial coin offering (ICO) fundraising round in 2017, the mainnet was launched in late 2020. Since then, Filecoin has seen immense success and media attention in the crypto community. So, what is Filecoin doing to become so popular? Perhaps it’s because Filecoin allows users to monetize spare storage on their hard drive, and earn a passive income with crypto. Or, maybe it’s because Filecoin has designed protocols with a lot of potential for the future. Let's find out!
