Blog

IPFS and Filecoin

Filecoin and IPFS are two separate, complementary protocols, both created by Protocol Labs. IPFS allows peers to store, request, and transfer verifiable data with each other, while Filecoin is designed to provide a system of persistent data storage.Oct 26, 2021

IPFS is an important component of the Web 3.0 infrastructure

Many consider the distributed ledger technology (DLT), for example, blockchains, as the core building block of Web 3.0. ... In IPFS, the identifier is a cryptographic hash of the data.Sep 28, 2018

Swarm is a distributed storage platform and content distribution service, a native base layer service of the ethereum web3 stack that aims to provide a decentralized and redundant store for dapp code, user data, blockchain and state data.

Swarm is a system of peer-to-peer networked nodes that create a decentralised storage and communication service. The system is economically self-sustaining due to a built-in incentive system enforced through smart contracts on the Ethereum blockchain.

IPFS is similar to Swarm; it is a peer-to-peer distributed filesystem that was designed to store and share the content across a decentralized network. Both IPFS and Swarm offer the decentralized data and content storage with content addressable hash, generated directly from the content.Sep 27, 2020

Compared to Filecoin or Safe Network, Sia is a more feature-rich option, with advanced data protections. Sia software is completely open source and includes an API that developers can use when building applications.Nov 30, 2020

Filecoin is built on top of the InterPlanetary File System, which allows the network to store and share data on a web-based decentralized network. The IPFS verifies (through cryptographic proofs) that user data is actually being stored.

Since its launch in October 2020, Filecoin has grown to over 8 exbibytes of available storage with 400+ new projects entering the space. One ecosystem that continues to prove collaborative and mutually beneficial is Ethereum.Aug 5, 2021

Interplanetary File System (IPFS) is a really exciting technology. ... So in summary what does IPFS solve: An immutable store of world content — permanent tamper-proof storage. De-duplication of data — content creates a hash and that hash is only stored once.Oct 11, 2020