IPFS: Revolutionizing Data Transfer and Communication in the Emerging Space Economy
Channel: Filecoin Foundation
Date: 2023-01-26

The Interplanetary File System (IPFS) is a decentralized storage model that is key to the success of the rapidly emerging space economy. It retrieves data based on its content, rather than its location, through a process called content addressing. This means that data is retrieved from the closest possible server rather than a specific location. By minimizing the number of times data has to be transmitted from Earth to space, IPFS's decentralized storage model will allow for quicker and more efficient data transfer and communication, enabling the space economy to thrive.

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