Filecoin network capacity reaches 2.5 billion gigabytes

The capacity of the decentralized data storage platform Filecoin has reached 2.5 billion gigabytes. That is the equivalent of 11,250 copies of Wikipedia or 47 copies of the Internet Archive.

🙌 «The Filecoin network continues to grow — now its storage capacity equals thousands of copies of Wikipedia and tens of copies of the Internet Archive.» @decryptmediahttps://t.co/kex7eJ3sqy

— Filecoin (@Filecoin) February 18, 2021

“This achievement marks a turning point for Filecoin and the popularisation of Web 3.0. Its aim of building an efficient, secure, censorship-free network is being realised before our eyes,” commented Colin Evran, head of the Filecoin ecosystem.

https://forklog.com/chto-takoe-filecoin/

Filecoin has created incentives for users to store data and for IPFS (“InterPlanetary File System”).

The Protocol Labs-founded blockchain startup behind Filecoin is working on interoperability with IPFS and believes the two projects will develop in tandem. In January access to this protocol appeared in privacy-focused Brave browser.

Earlier in September, Joseph Lubin, head of Ethereum company ConsenSys, announced the creation of a new company to develop Web 3.0 and DeFi.

Earlier, in an exclusive ForkLog interview, co-founder and CEO of Blockstack Munib Ali expressed confidence that the future of Web 3.0 is inextricably linked with Bitcoin.

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