• TON Storage is a brand new file sharing and knowledge storage platform on the TON blockchain.
• An incentivised node ecosystem means customers can file and retailer knowledge for perpetuity.
• Customers will utilise sensible contracts to pay nodes utilizing Toncoin, the native token on the TON blockchain.

The TON Basis, the group behind the event of The Open Community (TON) blockchain, has launched a brand new decentralised file sharing and knowledge answer dubbed TON Storage.

TON Storage works much like accessible peer-to-peer file sharing platforms the place “torrents” are used. Nonetheless, it employs the TON blockchain to permit for the decentralised switch of information and information of any measurement, taking out the necessity for customers to utilise centralised servers.

The storage system additionally means customers can get pleasure from routinely backed up and encrypted file sharing, with an added layer of safety offered by the blockchain.

Step in the direction of open web

In response to Anatoly Makosov, a TON Basis founding member, the official launch of TON Storage has been lengthy overdue.

“This know-how can be utilized by each particular person customers and companies with a multimillion-dollar viewers,” he stated in a press release. TON Storage is a step in the direction of actualizing the imaginative and prescient of getting a decentralised, open web, he added.

As conventional torrents don’t supply assure of storage, however with TON Storage, that modifications. That is due to an incentivized ecosystem that permits for information to exist nearly eternally. To realize this, the brand new file sharing and knowledge storage know-how will deploy a sensible contracts-based node system.

An settlement between a consumer and a node will see the consumer pay for file storage utilizing Toncoin – in essence making it potential to retailer information for so long as potential. Toncoin is the native cryptocurrency of the TON blockchain.

“Anybody can change into a node operator on the TON community and obtain funds from different customers for internet hosting information – even when working only one node. The accessibility of this new product will incentivise new, impartial customers to hitch the TON community, serving to to develop the TON ecosystem even additional,” TON Basis group famous.