Filecoin is a peer-to-peer network with financial incentives and built-in cryptography to ensure that files are stored securely over time. On Filecoin, users pay to store their files on a storage provider. A storage provider is a computer responsible for storing files and proving that they have been saved correctly over time. Anyone can join Filecoin, whether they want to save files or get rewarded for saving other users' files. Available storage and its prices are not controlled by a single company. Instead, Filecoin promotes an open market for storing and retrieving storage where everyone can participate.
