Filecoin
Filecoin is a decentralized storage network that allows users to rent out their unused storage space and earn cryptocurrency in return. It is built on top of the InterPlanetary File System (IPFS) and uses blockchain technology to create a secure, verifiable marketplace for data storage. The platform incentivizes participants to provide reliable storage through cryptographic proofs and economic mechanisms.
Developers should learn Filecoin when building decentralized applications (dApps) that require secure, censorship-resistant, and cost-effective storage solutions, such as for web3 projects, archival data, or content distribution. It is particularly useful in scenarios where data redundancy, privacy, and avoiding single points of failure are priorities, like in blockchain-based systems or distributed computing platforms.