|
Filecoin FIL |
BUY
|
|
£0.6416073 |
-0.85% (24h) |
|
|
Marketcap |
||
|
£490,223,353 |
||
|
Volume 24h |
||
|
£59,049,192 |
Description
Filecoin (FIL) is a decentralized storage network that allows users to rent out their unused storage space in exchange for FIL tokens. Launched in 2020, Filecoin aims to create a more efficient and secure alternative to traditional cloud storage services by leveraging a distributed network of computers. Users can store, retrieve, and share data in a decentralized manner, ensuring that no single entity has control over their information. FIL is used to pay for storage services and is earned by storage providers.