Category: Software, Data

Protocol Labs has launched Web3.Storage to offer developers and other users an alternative for decentralized storage. It is built on Filecoin, an open source blockchain-based payment system that can provide bookkeeping for users who wish to rent unused hard drive space.

Protocol Labs’ Filecoin project is largely intended for developers seeking a simple-to-adopt peer-to-peer platform to share applications and code, Jonathan Victor, product manager and business development at Protocol Labs, told The New Stack.

Decentralized technologies allow developers to build applications decoupled from their data: empowering developers to build open applications where data can be stored on open networks.”

Rather than forcing new developers to learn the intricacies of running peer-to-peer infrastructure, Web3.Storage enables them to use a simple JavaScript library for developers to make data available over IPFS [Interplanetary File System] and persist data on Filecoin,” Victor said.

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