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Filecoin Announces Integration With Solana (SOL) for Decentralized Blockchain Storage Solution

February 18, 2024
Reading Time: 3 mins read
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Peer-to-peer file storage community Filecoin (FIL) is collaborating with sensible contract platform Solana (SOL) for decentralized blockchain storage options.

In a brand new thread on the social media platform X, the crew behind Filecoin says that integrating with Solana will enormously improve the Ethereum (ETH) rival’s capabilities in addition to advance the idea of decentralized storage.

“Solana’s integration with Filecoin is a big transfer away from centralized storage options and a exceptional step in the direction of enhancing the reliability and scalability of the Solana blockchain.

Solana is using Filecoin to make its block historical past extra accessible and usable for infrastructure suppliers, explorers, indexers, and anybody needing historic entry.

By leveraging Filecoin’s decentralized storage capabilities, Solana can obtain knowledge redundancy, scalability, and enhanced safety whereas staying true to its decentralized ethos. This collaboration showcases the facility of blockchain networks to create extra sturdy and resilient ecosystems for the good thing about customers and builders.”

In a separate post, Solana founder Anatoly Yakovenko says distant process name (RPC) service Triton One performed an enormous function in making the partnership doable.

“I’m actually excited to see this launch. Enormous because of Filecoin for constructing an superior decentralized archive layer.

And to Triton One, who did a ton of labor to ship this.”

FIL is buying and selling for $6.24 at time of writing, an 8.54% achieve over the last 24 hours whereas SOL is price $108.82 at time of writing, a marginal lower throughout the identical timeframe.

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