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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Hayes Predicts Early 2024 Crypto Bull Run, Ascent Of Filecoin

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💥 NEWS from @token2049 : @BitMEX co-founder & Seal investor @CryptoHayes spoke about the immense potential of Seal and @Filecoin highlighting Seal's partnerships with @ATLASexperiment at @CERN @UCBerkeley and @UUtah @NASA

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