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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zk-SNARKs allow for secure, private interaction with unknown and untrusted parties in a blockchain.

The Filecoin Network currently generates 6-7 million zk-SNARKs per day.

Read more on the breakthroughs the Filecoin community has made with zk-SNARKS at: research.protocol.ai/sites/snarks/

zk-SNARKs allow for secure, private interaction with unknown and untrusted parties in a blockchain.

zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge) provide the ability for one party to prove to another that they know a secret without revealing the secret itself.

Filecoin is the largest deployed zk-SNARK network to date. 🤯research.protocol.ai/sites/snarks/

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zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge) provide the ability for one party to prove to another

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