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Filecoin Broadcasts Integration With Solana (SOL) for Decentralized Blockchain Storage Resolution

by SB Crypto Guru News
February 18, 2024
in Altcoin
Reading Time: 2 mins read
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Peer-to-peer file storage community Filecoin (FIL) is collaborating with sensible contract platform Solana (SOL) for decentralized blockchain storage options.

In a brand new thread on the social media platform X, the staff behind Filecoin says that integrating with Solana will significantly improve the Ethereum (ETH) rival’s capabilities in addition to advance the idea of decentralized storage.

“Solana’s integration with Filecoin is a big transfer away from centralized storage options and a outstanding step in the direction of enhancing the reliability and scalability of the Solana blockchain.

Solana is using Filecoin to make its block historical past extra accessible and usable for infrastructure suppliers, explorers, indexers, and anybody needing historic entry.

By leveraging Filecoin’s decentralized storage capabilities, Solana can obtain knowledge redundancy, scalability, and enhanced safety whereas staying true to its decentralized ethos. This collaboration showcases the ability of blockchain networks to create extra strong and resilient ecosystems for the good thing about customers and builders.”

In a separate post, Solana founder Anatoly Yakovenko says distant process name (RPC) service Triton One performed a giant function in making the partnership doable.

“I’m actually excited to see this launch. Big due to Filecoin for constructing an superior decentralized archive layer.

And to Triton One, who did a ton of labor to ship this.”

FIL is buying and selling for $6.24 at time of writing, an 8.54% achieve over the past 24 hours whereas SOL is value $108.82 at time of writing, a marginal lower throughout the identical timeframe.

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Tags: AnnouncesBitcoin NewsblockchainCrypto NewsCrypto UpdatesDecentralizedFilecoinIntegrationLatest News on CryptoSB Crypto Guru NewsSOLSolanaSolutionStorage
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