How To Add Filecoin Mainnet FIL To Coinbase Wallet | Crypto Wallets Info. Filecoin is an open-source cloud storage marketplace, protocol, and incentive layer. Filecoin is a decentralized storage network based on the Interplanetary File Storage (IPFS) protocol. It is designed to utilized unused storage globally into an efficient storage market for users to pay for low cost storage. The objective is to ensure file storage is permanent and distributed across the web. Contrast this with centralized cloud storage solution such as Amazon Web Services, Google Cloud, or Dropbox, where data are stored in servers owned by these private corporations.

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