cryptocurrency 1 month ago

File. Storage. Cryptos 🔗Join the Patreon: 💵Get up to $250 in Bitcoin from Blockfi ✨ Kucoin exchange: 💻Free Discord Link: Stake your Cardano in my stakepool! Ticker Symbol: MAX1 📚 My YouTube academy: 💵LIMITED: Get 2 FREE Stocks: 🚚My in-depth moving company course: 📷ALL of my camera and recording equipment: ✉️Join my newsletter: When it comes to finding the best crypto projects I really like to look at strong use cases in altcoins. An industry within blockchain tech that does this very well is file storage. Benefits of Blockchain Cloud Storage: Unhackability With traditional centralized cloud storage, if the provider of that storage gets hacked, all of your data is compromised, along with everyone else using that provider, and this does happen from time to time. With decentralized cloud storage, this is basically a non-issue. Since users’ data is encrypted and decentralized, if one or two nodes are compromised, the data inside means nothing to the hacker because it’s just a piece, and any lost data can be recovered from other nodes. Cheaper Blockchain storage allows for a market-determined price that is fair and in line with actual demand. Like I said, 1/10th the price of Google... Prevents File Loss With Filecoin and Siacoin, since multiple copies of each shard of data are stored in the network, if something were to happen to a node holding your data, the network could replace the chunk it lost, meaning your data is virtually untouchable. 0:00 Intro 0:10 Crypto #1 0:52 How file storage cryptos work 2:35 RIP Me... 3:12 Crypto #2 4:14 How crypto #2 is different 4:55 Crypto #3 5:41 Why tho 6:27 Sorry grandma 6:43 Crypto #4 7:09 This animation took like 4 hours to make 7:45 Crypto #5 8:44 Benefits of blockchain storage Crypto portfolio best altcoins Bitcoin crash Crypto flashcrash Binance crash My Instagram: Schedule one-on-one business consulting with me here: *I am not a financial advisor. This is not financial advice*
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