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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🛜 Internet connection speeds double every 32 months.   

💻 Processor speeds double every 18 months.   

💾 Data storage capacity doubles every year. 🤯 

The net result? -- 68% of enterprise data is unused. See why Decentralized Compute is the answer👇

https://filecointldr.io/article/decentralized-compute-what-it-unlocks-and-why-it-matters-now?utm_source=twitter&utm_medium=social&utm_campaign=decentralized-compute


🔗 Post: https://x.com/filecointldr/status/1696947710027284976?s=46&t=QKDRft99jmzfcio0x6K9dQ

🛜 Internet connection speeds double every 32 months. Processor speeds double every 18 months.