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Home»Analysis»Filecoin Announces Integration with Solana (SOL) for a Decentralized Blockchain Storage Solution
Analysis

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

2024-02-18No Comments2 Mins Read
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Peer-to-peer file storage network Filecoin (FIL) has partnered with smart contract platform Solana (SOL) for decentralized blockchain storage solutions.

In a new thread on the social media platform X, the team behind Filecoin say that the integration with Solana will significantly increase the capabilities of the Ethereum (ETH) rival and advance the concept of decentralized storage.

“The integration of Solana with Filecoin is an important step away from centralized storage solutions and a notable step toward improving the reliability and scalability of the Solana blockchain.

Solana uses Filecoin to make its block history more accessible and usable for infrastructure providers, explorers, indexers, and anyone who needs historical access.

By leveraging Filecoin’s decentralized storage capabilities, Solana can achieve data redundancy, scalability, and enhanced security, while staying true to its decentralized ethos. This collaboration demonstrates the power of blockchain networks to create more robust and resilient ecosystems for the benefit of users and developers.”

In a separate one afterSolana founder Anatoly Yakovenko says the Remote Procedure Call (RPC) service Triton One played a big role in making the collaboration possible.

“I am very excited to see this launch. Big thanks to Filecoin for building an awesome decentralized archive layer.

And to Triton One, who put in a lot of work to ship this.”

FIL is trading at $6.24 at the time of writing, a gain of 8.54% over the last 24 hours, while SOL is worth $108.82 at the time of writing, down marginally over the same period.

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#FILECOİN Announces Blockchain Decentralized integration SOL Solana solution storage
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