Filecoin is a blockchain platform focused on decentralized data storage with built—in economic incentives for users. It is one of the main infrastructure projects of the Web 3 direction. The security and verification of data stored in the Filecoin network is provided by two consensus algorithms at once: Proof of Spacetime (PoSt) and Proof Of Replication (PoRep). Miners on the Filecoin network are responsible for storing and providing data.

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Explore the future of Filecoin Storage with Synthetic-PoRep! Check out this new blog post to discover how Synth-PoRep revolutionizes storage efficiency, saving up to 98% of storage space and lowering gas costs for Storage Providers. 👇

https://filecoin.io/blog/posts/revolutionizing-filecoin-storage-with-synthetic-porep-cutting-overheads-and-boosting-efficiency/

🔗 X: https://x.com/filecoin/status/1709250859215823053?s=46&t=QKDRft99jmzfcio0x6K9dQ

Explore the future of Filecoin Storage with Synthetic-PoRep.

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Explore the future of Filecoin Storage with Synthetic-PoRep! Check out this new blog post to discover how Synth-PoRep revolutionizes storage efficiency, saving up to 98% of storage space and lowering gas costs for Storage Providers. 👇

Explore the future of Filecoin Storage with Synthetic-PoRep.

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