Filecoin

Filecoin (FIL), launched in 2020 by Protocol Labs, is a decentralized storage network that creates a competitive marketplace for cloud storage. Filecoin allows anyone to offer storage space and earn FIL tokens, while users pay competitive rates. The network uses cryptographic proofs to ensure data integrity and is built on IPFS for content-addressed storage. Filecoin has grown to store exabytes of data and is a key Web3 infrastructure component. Use Filecoin to pay for Senko Digital hosting services and support decentralized storage.