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.

1. Decentralized Storage Network (DSN): We provide an abstraction for network of independent storage providers to o er storage and retrieval services (in Section 2). Later, we present the Filecoin protocol as an incentivized, auditable and veri able DSN construction (in Section 4). 2.

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  Storage, Retrieval, Filecoin, Storage and retrieval

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