Web3 Storage

An overview of the different storage solutions that fxhash integrates to make available the projects uploaded to fxhash and their associated outputs.

One of the core principles of Web3 is decentralization: a paradigm that introduces many benefits over the previous iteration of the web, such as a censorship resistant environment without central authorities that users have to rely on, trustless environments with improved security, and the provision of users with greater control and ownership over their data.

In other words, Web3 envisions a more decentralized and user-centric internet, leveraging blockchain and decentralized technologies to empower individuals with control over their digital assets, including data.

What is Decentralization?

Decentralization in the context of Web3 means distributing control and authority across a network of participants rather than relying on a single central authority, like a traditional server or company.

In a decentralized system, data and processes are spread out among many nodes or computers, making the network more resilient, resistant to censorship, and less dependent on any single point of failure.

This shift toward decentralization in Web3 aims to empower individuals, giving them greater control over their data, identities, and interactions online, and reducing the dominance of centralized entities in the digital landscape.

In this setting, it doesn’t make sense anymore to have data stored on a central server owned by an entity or company. Centralized storage solutions need to be replaced by a different decentralized method.

Because Data cannot exist in vacuum and actually still needs to be physically stored somewhere, several solutions have been devised for this purpose. fxhash leverages IPFS and ONCHFS.

IPFSONCHFS