As data privacy and security become growing concerns in the digital world, traditional cloud storage solutions fall short due to centralization, high costs, and vulnerability to breaches.
A decentralized storage system is a blockchain-based solution that distributes data across multiple nodes instead of relying on a single centralized server. This enhances security, privacy, and fault tolerance while reducing dependence on a single entity. Users can store, retrieve, and share files in a trustless environment, ensuring data integrity through cryptographic mechanisms. Typically, these systems use smart contracts, cryptographic hashing, and token-based incentives to encourage participation and maintain network stability.
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