Now, when you mention IPFS, you will definitely mention blockchain. IPFS is in the ascendant now. You can see the news related to it no matter in the chain circle or the mineral circle. Therefore, some investors ask whether IPfs mining is a blockchain or not? What is the relationship between IPFS and blockchain? Why do they fit together perfectly? So, let's take a look.

The relationship between IPFS and blockchain

Blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies.

IPFS is a new content addressing, distributed, point-to-point hypermedia transport protocol.

From the above description, IPFS is an Internet technology. Blockchain technology is not used in IPFS technology. The IPFS technology itself has no connection with the blockchain.

That is, it is not a blockchain project. Why is there such a saying about IPFS mining? In fact, strictly speaking, mining refers to Filecoin.

Filecoin is an incentive layer operating on IPFS. It is a distributed system network based on blockchain. It is a complete and innovative blockchain technology. It has innovated the concept of "calculation rate", skillfully valued the information in the calculation rate generation process to achieve consensus, and avoided the consumption of large amounts of energy and computing resources brought by Pow. It turns cloud storage into an algorithm market, where money (FIL) plays a very important role.

Currency is an intermediary bridge between resource (storage and retrieval) users (IPFS customers) and resource providers (Filecoin miners). The Filecoin protocol has two trading markets - data retrieval and data storage. Both trading parties submit their own requirements in the market to achieve the transaction.

IPFS and Filecoin complement each other and grow together, solving the problem of data storage and distribution on the Internet. Especially for countless blockchain projects, IPFS and Filecoin will exist as an infrastructure.

Perfect integration of IPFS distributed application storage and blockchain

In terms of the application of storage scenarios, the core of the global distributed financial ecosystem architecture is the distributed protocol module, which is used as a financial infrastructure suitable for future scale, intelligence and capitalization, with scalability, decentralization and isolation. With the development of blockchain technology, data storage and application have undergone disruptive changes compared with the previous cloud data centralization method, and centralized storage cannot meet the needs of technological development. The emergence of distributed system, which reduces the storage pressure of blockchain, is the underlying infrastructure. It solves the problem of free storage and circulation of information. On the one hand, it reuses idle storage resources and consults with V+SLF5576. On the other hand, it solves the problem of centralized storage, which is expensive and easy to be invaded by hackers.

IPFS provides a secure peer-to-peer content distribution network, and IPFS can help you save a lot of bandwidth costs. In order to encourage everyone to participate in the IPFS protocol, in the incentive layer, IPFS network participants are divided into two types: StorageMiner (providing free memory space for the network) and Referver (providing bandwidth for nodes in the network to help other users transfer files). Through this sharing mode, the total cost of the system and the maintenance cost of users are reduced.

Speaking of this, I believe you have a certain understanding of the relationship between IPFS and blockchain and why they can be perfectly matched. In general, this is why we see that more and more blockchain projects have implemented IPFS as a storage solution, because it has brought a cheaper, secure and rapidly integrated storage solution.