Filecoin combines with IPFS, a peer-to-peer distributed network protocol, to make a more efficient and secure web free from corporate control. The Filecoin network achieves staggering economies of scale by allowing anyone to participate as a storage provider and compete for your business. Content addressing and cryptographic storage proofs verify data is being stored correctly and securely over time.
The Filecoin network is made up of a large number of diverse storage providers and developers. This creates a robust and reliable service. Filecoin provides the foundation for critically important public data, such as open access scientific data, creative commons media, historical archives, preservation, and more.