- Decentralized storage has been in the center of attention since the appearance of File coin which raised over 250 million USD from prominent investors.
- Restrictive nature of services such as Google Drive and Dropbox combined with an increasing number of reports about data leaks are making people look for alternatives.
- It is a system which is being able to store your files without having to rely on centralized silos of data which often do not store the data in a secure manner and undermine the privacy of its users.
- It was maintained as a system where people maintained copies of the file and seeded (sending a fraction of the file) to other participants in the network.
Read full article: medium.com