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MarketFilecoin (FIL) Price Forecast for 2025 and 2026-2030
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Filecoin (FIL) Price Forecast for 2025 and 2026-2030

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Filecoin Enables Users to Store Data Securely

Filecoin enables users to store any size of data on multiple hack-proof storage providers or devices. It serves as a better alternative to the existing cloud storage providers such as Dropbox, Google Drive, and Amazon S3.

Consensus Mechanisms

Filecoin deploys proof-of-replication (PoRep) and proof-of-spacetime (PoSt) consensus mechanisms to secure the blockchain.

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