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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Filecoin

In 2022, Filecoin worked to enable the world's largest open access cloud storage network.
🛠️  Orgs building: 295 ➡️ 570
🖥️ Storage Deals: 1M ➡️ 16.7M
📈 Total Data Stored: 24 PiB  ➡️ 461 PiB
In 2023, the potential of the data economy will be unleashed.
https://t.co/kQqeb5HN9e

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In 2022, Filecoin worked to enable the world's largest open access cloud storage network.
🛠️  Orgs building: 295 ➡️ 570
🖥️ Storage Deals: 1M ➡️ 16.7M
📈 Total Data Stored: 24 PiB  ➡️ 461 PiB
In 2023, the potential of the data economy will be unleashed.

https://twitter.com/filecoin/status/1618346472155521070?s=46&t=oytfb_Z9I2dLEqNmkYMlxA

In 2022, Filecoin worked to enable the world's largest open access cloud storage network. Orgs building: 295 570.

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