CRYPTO COMPANIES GOING TO THE MOON. AND BEYOND. August 4, 2023|Filecoin News Filecoin is going to space. This article was originally published in Fortune on July 4, 2023. In March, a crypto company announced a Bitcoin “treasure chest” hunt—in space. The firm, LunarCrush, plans to send a rover over 200,000 miles to the moon this…
TLDR: The Current State: The world is going increasingly digital. According to a post by Seagate, the IDC predicts that the Global Datasphere will grow from 33 Zettabytes (ZB) in 2018 to 175 ZB by 2025. With regard to the market as a whole, by 2025, the global CDN market is expected to be twice…
Filecoin, a decentralized storage network and protocol, has garnered significant attention in the cryptocurrency space. What are the factors that could influence Filecoin’s price movement to reach the $1000 mark? Filecoin, launched in 2020, operates on a unique premise: enabling users to rent out their unused storage space and allowing others to store their data…
TLDR: Traditional file storage still dominates the current version of the internet. But this is starting to change. Web3 and IPFS/Filecoin storage offers decentralization, enhanced security, scalability, persistence/permanence, and improved content control. Lets break them down here: 1. Decentralization Traditional data storage methods which rely on centralized servers are susceptible to outages. That’s a challenge…
Enhancing Solana’s Reliability- Solana’s Blockchain backed up on the Filecoin Network TLDR: In the fast-evolving world of blockchain technology, reliability and scalability are key factors that determine the success of a blockchain network. Solana, known for its high-performance and high-throughput capabilities, has taken a strategic step to enhance its reliability by integrating with Filecoin, a…
