What is Filecoin Cryptocurrency

Filecoin is a decentralized marketplace for data storage and retrieval. Anyone can join Filecoin by providing storage hardware to the network or by using the network to access and store data.

On the Filecoin network, users can select from a decentralized marketplace of storage providers and choose the one that best suits their price, performance, and location requirements.

Unlike traditional networks that retrieve data based on location, data on the Filecoin network is identified by its content, helping to ensure that the data stays accessible and unaltered.

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