Decentralized cloud refers to a network of computers that collectively provide cloud services without relying on a central authority. Instead of a single company owning the servers and data, individuals contribute their unused storage and processing power. This model enhances data security and ownership, as users have more control over their information.In a decentralized cloud setup, data is often encrypted and distributed across multiple locations. This reduces the risk of data breaches and ensures that no single point of failure exists. Users can access services like file storage, hosting, and computing power while maintaining privacy and reducing costs.Additionally, decentralized cloud solutions often operate on blockchain technology. This means transactions are transparent and verifiable, tackling issues like data manipulation. Users can also earn tokens or credits for contributing resources, creating a more engaging ecosystem. Ultimately, decentralized cloud aims to democratize cloud computing, making it more accessible, secure, and efficient for everyone involved.
First Floki ETP Launches in Europe, Listed on Spotlight Stock Market
A new exchange-traded product (ETP) tied to the cryptocurrency Floki has gone live in Europe, marking the first time a