Decentralized storage has become more popular recently, and there are already several choices available.
The majority of these products depend on blockchain technology to support their storage plans.
Decentralized storage and blockchain, however, are distinct concepts that can coexist without being mutually exclusive.
Here are five options for decentralized data storage for your consideration:
Arweave is made for data permanence, unlike some other decentralized data storage options that prioritize privacy or avoid censorship and surveillance.
A peer-to-peer (P2P) storage protocol modeled after a blockchain, Arweave makes additional storage capacities accessible on PCs functioning as Arweave clients. Permaweb is the name of the software program that provides data storage and other features.
An immutable environment known as the permaweb is used to store static files and other sorts of data in addition to webpages.
Data storage requires a one-time payment in the form of AR tokens, which are accessible via the majority of cryptocurrency exchanges.
Also read, Decentralized Storage Coins You Should Know
BitTorrent is one with a long history and widespread use. BitTorrent was created in 2001 and first became well-known as a website for disseminating illegally obtained movies.
However, BitTorrent has developed into a full range of products over time, which include the BitTorrent File System (BTFS).
BTFS is a decentralized storage solution that is scalable, intended to increase fault tolerance, and free users from government censorship. BTFS is dependent on user nodes, just like other distributed storage networks.
The fact that Filecoin raised $257 million in 2017 in one of the biggest initial coin offerings ever is well known.
Filecoin is a P2P network business that offers storage services using blockchain and native cryptocurrency.
FIL is a cryptocurrency that supports all transactions. Users pay FIL to store their files, while storage nodes, or “miners,” receive FIL in exchange for doing the same.
Also read, Filecoin Orbit Lagos hosts FIL Storage Provider Meetup
The blockchain ledger keeps track of transactions and shows that miners are correctly storing files.
The Filecoin project promotes the development of programs based on its file system and is open source, which is helpful to customers, developers, and storage providers.
But it’s important to know that Linux and MacOS are the only supported operating systems for the Filecoin Lotus nodes. Not yet supported is Windows.
Sia is somewhat similar to Filecoin in the sense that it also uses blockchain to offer a decentralized data storage platform that shares files securely across a global P2P network.
Each file is divided into 30 segments and distributed to several hosts using the Sia client program, which is accessible on Linux, Windows and macOS.
The Sia software is entirely open source and comes with an API that programmers can utilize to create applications.
Sia distinguishes itself from rivals by having a simple, well-documented setup process for both renters and hosts.
Also read, How Blockchain drives Decentralizd Storage
The Utopia P2P network is made to serve as a tool for taking back your online privacy and freedom.
It offers private conversations in a method that shields users from government and outside monitoring.
Utopia and Crypto USD are the two cryptocurrencies that Utopia supports.
Utopia prefers Crypton as its money since it is decentralized and undetectable, although Utopia USD is more stable due to its peg to the US dollar.
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