How does ScieNFT store your NFTs?
Blockchain advocates love decentralized storage. But what is it? To understand decentralized storage, consider what happens when you save your pictures or videos on your phone or computer. These documents are stored on your device's hard drive, which is great—except when you run out of space on your device. When that happens, you might have to delete some of your pictures or videos to make room for new ones. If you were to upload your files to the cloud, these photos and videos would be stored in a limited amount of space on a server hosted by a service like Google or Apple. Again, you run the risk of running out of space.
An alternative to storing digital files in spaces with limited capacity is to utilize decentralized storage systems. A decentralized storage system is a distributed digital storage space that anyone can use. Instead of files being stored in one place, like on your hard drive or on a single company’s server, the files are divided into little pieces and stored on many different computers in the storage system’s network. When you want to access it later, the network brings all the pieces back together, and you can see your pictures or videos again.
The Interplanetary Filing System (the IPFS) and the Filecoin network are two technologies that create the decentralized storage system used by ScieNFT.?
The InterPlanetary File System (#ipfs ) is a distributed protocol and network designed to create a peer-to-peer method of storing and sharing hypermedia in a distributed file system. In contrast to the traditional client-server model, IPFS allows for distributed sharing of files, enabling users to access and share content without relying on a central server. IPFS is a content-addressed system, which means that every piece of content is identified and addressed based on its cryptographic hash, ensuring that the data is unique and immutable, or unable to be changed. By utilizing IPFS, developers can create decentralized applications that are more secure, censorship-resistant, and scalable than centralized storage options.
The Filecoin network is a system that rewards people who offer their computer's storage space to store these tiny pieces of information. People who have extra space on their computers can join the network and offer their space to others. In exchange, they earn Filecoin, which they can use to store their own files or information on the network.
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Decentralized storage using the IPFS and the Filecoin network is more secure, cost-effective, and accessible than traditional storage solutions that rely on one company's servers to store information. Traditional storage solutions can be risky because if that company's servers experience a problem or get hacked, all of your information could be lost.? It's the definition of keeping all of your eggs in one (albeit digital) basket. In contrast, decentralized storage divides your information into tiny pieces and stores it on multiple computers, so even if one computer has an issue, your data is still safe on the other computers.
Moreover, decentralized storage is more cost-effective because you only pay for the amount of storage you need, and you can choose from many different storage providers to find the best price. This makes it easier for you to save money and store even more files, videos, or other information on the network. Decentralized storage using the IPFS and the Filecoin network is the future of secure and cost-effective storage solutions.