Hen Using Traditional Torrents There Is No Incentive To Storea File News Today : Breaking News, Live Updates & Top Stories | Vimarsana

London [UK], January 5 (ANI/PRNewswire): The TON Foundation has today announced the long-awaited launch of TON Storage, a decentralized file-sharing and data storage solution that is set to solve a host of the issues posed by the volume of data our modern way of life requires. TON Storage is similar to peer-to-peer file sharing through "torrents," but uses the TON (The Open Network) blockchain to transfer data through a decentralized, secure, and private computer network. In this way, users will be able to exchange files of any size freely and securely, with all data automatically backed up and encrypted. In traditional torrents there is no guarantee of storage - a file will only exist if there is at least one node storing it. However, when using traditional torrents there is no incentive to store a file, and therefore its storage cannot be guaranteed in the long-term. This might be suitable for unimportant data, but for important data a storage guarantee is vital. TON Storag ....

City Of , United Kingdom , Anatoly Makosov , Open Network , London Uk , Anuary 5 Ani Prnewswire The Ton Foundation Has Today Announced Long Awaited Launch Of Storage , A Decentralized File Sharing And Data Storage Solution That Is Set To Solvea Host Of The Issues Posed By Volume Our Modern Way Life Requires Ton Similar Peer Through Quot Torrents , Uot But Uses The Ton Open Network Blockchain To Transfer Data Througha Decentralized , Nd Private Computer Network In This Way , Sers Will Be Able To Exchange Files Of Any Size Freely And Securely , Ith All Data Automatically Backed Up And Encrypted In Traditional Torrents There Is No Guarantee Of Storagea File Will Only Exist If At Least One Node Storing It However , Hen Using Traditional Torrents There Is No Incentive To Storea File , Nd Therefore Its Storage Cannot Be Guaranteed In The Long Term This Might Suitable For Unimportant Data , Ut For Important Dataa Storage Guarantee Is Vital Ton Revolutionary , N Part Because It Can Guarantee Storage Virtually In Perpetuity Ton Will Use Financial Incentives With The Help Of Smart Contracts On Blockchaina Node Operator Anda User Createa Contract Blockchain That Guarantees Paya Fixed Amount Toncoin To Store Files Fora Predetermined Time Anyone Becomea Network And Receive Payments From Other Users For Hosting Even If Operating Just One Accessibility This New Product Incentivise , Ndependent Users To Join The Ton Network , Elping To Grow The Ton Ecosystem Even Further Moreover , On Storage Combines Powerfully With Ton Sites And Dns To Enable Launch The Network Without Requiringa Fixed Ip Address , A Centralized Domain , Ra Certified Centralized Centre Ton Sites Can Be Hosted On Storage Without The Need Fora Web Server This Puts Next Piece Of Puzzle In Place For Foundation To Achieve Its Goal Ofa Totally Decentralized Internet Anatoly Makosov , Ounding Member Of The Ton Foundation , Aid Quot The Launch Of Ton Storage Was Long Awaited This Technology Can Be Used By Both Individual Users And Services Witha Multimillion Dollar Audience Providinga Reliable Distributed Solution Is Next Step In Realizing Our Vision Ofa Decentralized , Pen Internet We Can 39t Wait To See What Products Our Community Will Create Using This Technology Quot Story Is Provided By Prnewswire Ani Not Be Responsible In Any Way For The Content Of Article ,