DeFi Intel

IPFS protocol

data-availability · PageRank 0.0000

Source: ipfs.tech

Overview

IPFS (InterPlanetary File System) is a peer-to-peer hypermedia protocol for decentralized file storage and sharing. It uses content-addressing (via cryptographic hashes) to identify and retrieve files, making data immutable and censorship-resistant. IPFS is commonly used in blockchain and DeFi applications for off-chain data storage and availability.

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Frequently asked questions

What is IPFS?

IPFS (InterPlanetary File System) is a peer-to-peer hypermedia protocol for decentralized file storage and sharing.

How does IPFS identify and retrieve files?

IPFS uses content-addressing via cryptographic hashes to identify and retrieve files, making data immutable and censorship-resistant.

What is IPFS commonly used for in blockchain and DeFi?

IPFS is commonly used in blockchain and DeFi applications for off-chain data storage and availability.