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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The Filecoin ecosystem has onboarded over 1.8 exbibytes (EiB) of data! That’s like storing the digital collection of the Library of Congress 100+ times 🤯

Learn how teams at #FILDevSummit scale data onboarding to support new enterprise clients. 👇

The Filecoin ecosystem has onboarded over 1. 8 exbibytes (EiB) of data.