IPFS stands for InterPlanetary File System. It is a peer-to-peer network designed to store and share files in a distributed manner. Unlike traditional web protocols that rely on centralized servers, IPFS uses a decentralized approach. This means that files are stored across multiple nodes, which increases resilience and availability. When a file is added to the network, it gets a unique identifier based on its content, allowing users to access it regardless of where it is stored. This system addresses issues like censorship, data loss, and slow loading times. By decentralizing storage, IPFS aims to make the web faster and more secure. In addition to file sharing, IPFS can also support applications, websites, and even decentralized apps, enhancing the functionality of various platforms. As a result, it has become an important infrastructure component for projects aiming to create a more open and efficient internet.
Avalanche Treasury Co. to Go Public in $675M Deal With Mountain Lake Acquisition
Avalanche Treasury Co. (AVAT), a digital asset treasury company aligned with the Avalanche Foundation, said Wednesday it has agreed to