coins

Filecoin (FIL) is a decentralized storage network designed to transform the way data is stored and shared across the internet.

Built on a blockchain framework, Filecoin allows users to rent out unused storage space or access storage from others, ensuring data is stored securely and efficiently.

The FIL token is used to pay for storage services, incentivize participants, and enable governance within the network.

Filecoin combines decentralized storage with a robust proof-of-replication and proof-of-spacetime consensus mechanism, ensuring data integrity and availability.

By offering a scalable, distributed solution, Filecoin aims to revolutionize data storage and empower users with greater control over their digital assets.

See project homepage: www.filecoin.com