Filecoin- Decentralized Blockchain for storage Filecoin is a decentralized storage network that turns cloud storage into an algorithmic market. The market runs on a blockchain with a native protocol token (also calledFilecoin), which miners earn by providing storage to clients. It builds on four novel components Decentralized Storage Network (DSN) - handles storage and retrieval requests respectively via two verifiable markets: the Storage Market and the Retrieval Market. There are two types of providers Storage providers (SP) - It is responsible for storing files and data...
source: https://tokenpost.com/Filecoin-Decentralized-Blockchain-for-storage-11140
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