InterPlanetary File System (IPFS)

An innovative architecture for a database management system based on peer-to-peer information sharing.

An InterPlanetary File System (IPFS) is a database concept that is based on the model of decentralization, and distributes the responsibility of sharing information across nodes instead of using a central data bank. The biggest evidence of innovativeness in this file system is its architecture. The more a particular data piece of information is requested and shared among nodes, the easier it is for this information to be recalled subsequently. Thus, IPFS is described as one of the underlying pillars of Web 3.0 since its data processing and storage potential is outstanding.

IPFS is open-source, so its development is rapid. Overtime, it is expected to replace or provide a workable alternative to the current HTTP and HTTPS information sharing and delivery systems.

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