DADS Decentralized Storage
Last updated
Last updated
According to a Cloudwards report, cloud data centers will handle 94% of their total workloads. The report adds that the cloud storage market will reach $390 billion by 2028 at a CAGR of 26.20%. A decentralized storage system that allows users to store data without depending on central data repositories. Furthermore, decentralization helps provide more privacy and security than centralized storage systems. Moreover, it uses a peer-to-peer network of operators and users to manage data. Therefore, it helps to secure data during storage and transfer. It also uses a blockchain-centric system or a peer-to-peer network. Therefore, this distributed functionality brings various advantages to enterprises.
Further, decentralized storage systems acknowledge the following problems traditional storage systems reject. Firstly, the distribution of data to various sources makes it more difficult to hack. Moreover, encrypting files with passwords keeps the ownership of the data authentic. Further, the distribution of files into multiple encryptions is spread throughout various nodes. Therefore, it is impossible for an attacker to retain the complete file. It also offers efficiency in the usage of existing data which decreases cost.
Above all, many copies of the data in the various nodes help avoid bottlenecks on the central server and enhance the downloading speed.
After careful consideration, Filecoin will be used to store data on DADS platform, Filecoin is a decentralized storage system that works on an IPFS (Interplanetary File Storage) protocol. Moreover, it intends to use redundant data storage space worldwide. Hence, it helps generate a market for users and businesses to purchase cost-efficient storage. IPFS will be used to keep advertisement-related media, such as images, videos and larger media (e.g video/interactive ads), as well as smaller files like metadata JSON, HTML and CSS.