Filecoin storage tops 1 billion GB as tokenized FIL launches for use in DeFi

cointelegraph.com

Cryptocurrency infrastructure providers Anchorage and Tokensoft are teaming up to wrap FIL, the native token of decentralized file storage network FIlecoin, for use on Ethereum. Filecoin ecosystem lead, Colin Evra, stated: The news came on the same day that Filecoin announced the storage capacity dedicated by its global mining community has exceeded one exbibyte — equal to more than one billion gigabytes.

Filecoin is a trustless decentralized storage network that offers incentives to miners who provide storage capacity in the network. The network expects to attract developers and websites who will pay FIL in exchange for accessing Filecoin’s storage or for hosted data.

Read in Full: cointelegraph.com

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