Transcription of Filecoin: A Decentralized Storage Network
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Filecoin: A Decentralized Storage Network
Filecoin: A Decentralized Storage NetworkProtocol LabsJanuary 2, 2018 AbstractThe internet is in the middle of a revolution: centralized proprietary services are being replaced withdecentralized open ones; trusted parties replaced with verifiable computation; brittle location addressesreplaced with resilient content addresses; inefficient monolithic services replaced with peer-to-peer algo-rithmic markets. Bitcoin, Ethereum, and other blockchain networks have proven the utility of decen-tralized transaction ledgers. These public ledgers process sophisticated smart contract applications andtransact crypto-assets worth tens of billions of dollars. These systems are the first instances of internet-wide Open Services, where participants form a Decentralized Network providing useful services for pay,with no central management or trusted parties.
Filecoin: A Decentralized Storage Network Protocol Labs July 19, 2017 Abstract The internet is in the middle of a revolution: centralized proprietary …
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