On-Chain Storage Marketplace
The Filecoin Storage Market is an on-chain storage marketplace that facilitates interactions between clients who need data storage and storage providers who offer storage capacity. It connects clients looking to store data with storage providers who have available capacity. This market operates through a series of on-chain and off-chain interactions that ensure transparency, security, and compliance with agreed-upon terms.
Section Table
A simple definition with key information of a storage deal in the marketplace.
This explains the lifecycle of a deal in its journey in the network.
In Filecoin, storage providers have different collaterals that interacts with the protocol.
The slashing is the penalty system for storage providers if they do not do their storage provision duties correctly.
The Filecoin on-chain storage marketplace democratizes access to data storage and ensures security and reliability through its decentralized verification and enforcement mechanisms. Let's explore this marketplace of the future of data storage.
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