The Filecoin cryptocurrency is primed to join a large family of projects that implement smart contracts, which entails compatibility with Ethereum and the possibility of building DeFi services on this platform. The development team of the Filecoin project (FIL token) starting their own virtual machine is, in my opinion, one of the most important recent…
The service was developed in collaboration with blockchain startup Pinata based on Filecoin and IPFS technologies. NFT.Storage provides protection for tokens and their associated metadata. When a user uploads data to a service, IPFS generates an address associated with a unique cryptographic hash identifier (CID). This approach avoids a number of problems, for example, the…