Xenea Wallet Daily Quiz Highlights Decentralized Storage Solutions
Decentralized storage aims to address critical issues of data security, censorship resistance, and single-point failures inherent in traditional cloud storage systems. By distributing data across peer-to-peer networks, blockchain-based solutions create tamper-proof systems where users retain full ownership of their information.
The technology underpins Web3 infrastructure, with protocols like IPFS and Filecoin demonstrating practical use cases. This paradigm shift aligns with cryptocurrency’s core philosophy of decentralization—eliminating reliance on centralized intermediaries for data management.