Filecoin is a cloud-based, open-source decentralized storage network (DSN) designed to maximize data storage and retrieval. The Filecoin network makes use of a mining, storage, and retrieval mechanism that links storage miners (providers) and retrieval miners (servers) with clients who pay to store and retrieve data. For providing network services, network participants receive and send tokenized rewards in the form of Filecoin coins (FIL).
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