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 Open Data Hack powered by @Filecoin has come to a thrilling end!

Kudos to all winners for pushing the blockchain frontier! It was fantastic seeing what everyone came up with.

Full summary here: https://t.co/i2ZyAh1CPj

The Open Data Hack powered by @Filecoin has come to a thrilling end. Kudos to all winners for pushing the blockchain frontier.