Storage (Decentralized) is about keeping your files safe online by breaking them into hidden pieces and spreading these pieces out to different spots on a network, like sharing secrets with trusted friends.
Get to Know with Storage (Decentralized)
Decentralized storage started around 2013-2015 with projects like IPFS, Storj, and Siacoin. The idea is to use decentralized networks to make file storage more private, secure, resistant to censorship, and cheaper.
Decentralized storage isn't like cloud storage, where files are kept far away on servers owned by one company like Google Drive or Amazon Drive.
Difference with Cloud Storage
Cloud storage puts all your eggs in one basket, so if something goes wrong, like a server crash or a cyber-attack, you could lose your stuff. Plus, it's controlled by one company, so they can decide who sees what and censor content.
Splitting files with Others
But decentralized storage splits your files into secret pieces and stores them with different folks on a network, like a blockchain. This means your files are safer because even if some parts of the network get hacked, your stuff is still safe with the others.It's harder to censor because no one person controls everything.
Still Online But in a Different Places
Your files are more available because you can grab them from lots of different places on the network, and most of these places are always online.
Also Read
What is Online Storage and Why is it Important for Crypto?
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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