Ever heard of IPFS? 🧐 It's short for InterPlanetary File System. Not familiar with the term? CMCAlexandria's got you covered! 👇
can add secure and cost-efficient storage capacity to the cryptocurrency’s ecosystem.as immutable records. Simply placing an IPFS CID in an NFT, that NFT will directly identify and reference the data much better than with an insecure HTTP link. Did you get all that?Today, IPFS is regarded as one of the most secure options for storing digital assets like NFTsAnd when the data is required from the IPFS, the nodes look for the same hash within the digital asset and the local data store.
If you don’t want to get too technical, the best way to think about IPFS nodes is that they can communicate between each other and exchange files. Simple., a decentralized storage system that provides lookup and storage for mapping keys to values. Each node in a DHT is responsible for keys and mapped values and can efficiently retrieve the value associated with a given key.
Another relevant challenge is the availability of files. In centralized servers, files are maintained and controlled by one party incentivized to keep the server constantly up and running. IPFSand if these nodes are offline for any reason, these files won’t be available.
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