This is a segment of the drop newsletter. Subscribe to read the full edition.
I’ve been asking for more chatter about distributed file storage recently.
Yes, that’s not exactly a sexy topic. However, it can be argued that distributed storage is essential to the crypto ecosystem. actually It is decentralized and not concentrated on one or two corporate entities.
And even if decentralization really isn’t important to you, is there a scam? How about the rise of AI-generated data and files that can be used to hack or use you for fraud or fraud when you need it most?
“With something like AWS (Amazon Web Services), you can’t really see if the file is supposed to be. And it fundamentally breaks blockchain and crypto transactions.”
Distributed storage methods can ultimately be used as a way to combat fraud by verifying authentic information, including origin data.
“If you want to have automated transactions, you need verifiable and authentic files and datasets, whether they have AI or not. So, if you’re spending all your time, your data and files will ensure that exactly those are there.
Loading Tweets…
Pinata has worked with many NFT collections and markets, such as Opensea and Sorare, to diversify assets. Usually, images, videos, and JSON files are saved. Recently, Memecoin Platform Pump.fun can also save MemeCoin Art files.
“IPF (interplanetary filesystem) is like a protocol that is very difficult to do the job. So what we spend time is to ensure it is fast and stable. When you try to get files, there’s over seven years to ensure that you make them faster and you make them reliable,” TUT explained.
But his ultimate goal is to have everyone run crypto wallets on IPFS nodes and all devices he owns.
“That’s the only way we can generate the true origins of files from creation to consumption,” TUT said. “The place to go after AI, if AI can do everything, then you need to see what this file is, where it came from, who created it, when it was created. These kinds of small things need to happen.
Discover more from Earlybirds Invest
Subscribe to get the latest posts sent to your email.