An overview of decentralized storage networks
Quick Take
- Decentralized storage networks have the potential to expand existing blockchains’ capabilities.
- Incentive mechanisms are the main component of decentralized storage networks.
- At the moment, Filecoin is experiencing an excess supply, which is why storage miners store useless files.
- Arweave offers permanent storage thanks to its innovative incentive system.
This research piece is available to
members of The Block Genesis.
You can continue reading
this Genesis research on The Block.
Go to Source
Author: Igor Igamberdiev