- TON Storage is a new file sharing and data storage platform on the TON blockchain.
- An incentivized node ecosystem means users can file and store data permanently.
- Users utilize smart contracts to pay nodes using TON Coins, the native token of the TON blockchain.
The Open Network (TON) The TON Foundation, a group that supports the development of the blockchain,Open A new distributed file sharing and data solution called TON storage.
TON storage works similarly to available peer-to-peer file sharing platforms where “torrents” are used. However, it employs the TON blockchain to allow decentralized transfer of data and files of any size, eliminating the need for users to utilize centralized servers.
The storage system also means users can take advantage of automatically backed-up and encrypted file sharing with the additional security layer provided by blockchain.
A step towards an open internet
According to Anatoly Makosov, founding member of the TON Foundation, the official launch of TON Storage has been long awaited.
“This technology can be used by both individual users and services with multi-million dollar audiences.” he said in a statement. TON Storage is a step towards realizing the vision of having a decentralized and open internet, he added.
Traditional torrents don’t offer storage guarantees, but TON Storage changes that. This is due to the incentivized ecosystem that allows files to exist virtually forever. To achieve this, new file sharing and data storage technologies deploy smart contract-based node systems.
By agreement between users and nodes, users will pay for file storage using Toncoin. This means that files can be saved for as long as possible. TON Coin is the native cryptocurrency of the TON blockchain.
“Anyone can become a node operator on the TON network and receive payments from other users to host files. The accessibility of this new product will motivate new and independent users to join her TON network and help further grow the TON ecosystem.said the TON Foundation team.