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The real value of Filecoin is not to store massive amounts of data? by trendsbunny

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The real value of Filecoin is not to store massive amounts of data?
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The current Filecoin network computing power has reached a relatively high level, which indicates that the distributed storage of the blockchain will expand in scale and enter the stage of value landing. <strong>The value of blockchain distributed storage is not to store massive amounts of data and information, but to become a &quot;safe&quot; for capitalized data .</strong></p>
<p>Specifically, blockchain distributed storage is essentially the use of data resources. A new type of data center and a new type of data platform based on blockchain technology, through the distribution and intelligence of the storage system, realizes information and Extensive storage of data. The distributed storage system is the basic platform for data value transfer, allowing data to maximize its value.</p>
<p>We know that Filecoin has a grand vision: a distributed network designed to store the most important information of human society.</p>
<p><strong>At present, the Internet is undergoing a revolution. This revolution is reflected in several aspects:</strong></p>
<p>1) centralized proprietary services , are being decentralized service open replaced .</p>
<p>2) based on trust guarantee entity , replaced verifiable being calculated .</p>
<p>3) a temporary address based on the position , the substituent being content-based permanent address.</p>
<p>4) inefficient oligopoly entity , also being dispersed point algorithm based market replaced.</p>
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<p><strong>Based on this, Filecoin&#x27;s goal is to establish an interconnected, unified standard distributed storage trading market. </strong>In this network, users can freely choose service providers, transactions are transparent, and the network uses algorithms (smart contracts) to ensure the execution of transactions. Service providers are interconnected through a unified agreement,  data communication is barrier-free, free circulation is realized, and information islands are broken.</p>
<p>In a freely circulated data platform, the protection of privacy is even more important. Under centralized storage methods, users often have no choice but to trust the platform. The platform uses its own technical strength to provide security and privacy protection. However, <strong>we still often hear various incidents of privacy leakage.</strong></p>
<p>On the other hand, in a network like Filecoin, <strong>because storage is more decentralized, the security protection capabilities of storage service providers (miners) are uneven, and user data security and privacy protection are more difficult. Although it is said in theory, one of the most touted functions of blockchain is decentralization. </strong>As a distributed ledger technology, the blockchain runs on a fully distributed model, in which there are multiple nodes that check each other. Such a system can resist network attacks such as malware and DDoS, so data can be protected safely.</p>
<p><strong>At the same time, the IPFS network through content addressing is immutable, </strong>and users cannot edit files. Each change will create a new file. Through the tools built into IPFS, miners can allow users to add, delete, move, edit files, and update links.</p>
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Today, when the data become the seventh largest factors of production, distributed storage than centralized type storage will be more secure.</p>
<p>In general, in the Web3.0 network built by Filecoin , user data is stored encrypted and can be selectively shared and traded. The encryption of user data is performed on the user side. </p>
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