Filecoin & Decentralized Storage

Welcome! In this lesson, we'll dive into Filecoin, a powerful decentralized storage network. It builds upon the concepts of IPFS to offer persistent and verifiable data storage.

Think of Filecoin as the incentive layer for IPFS. While IPFS tells you where content is, Filecoin makes sure that content is actually stored reliably over time.

In the previous lesson, we learned that IPFS uses content addressing to locate files. However, IPFS itself doesn't guarantee that a file will remain available indefinitely.

• If no one is 'pinning' a file, it might eventually disappear from the network.
• This is where Filecoin steps in. It creates a robust marketplace to ensure data persistence.