Shared Storage

Shared storage refers to the decentralization of storage servers which are traditionally owned and operated by a central organization. Shared storage decentralizes the storage responsibilities across an open-source network of miners with a system of economic incentives. This allows for pseudonymous, private file sharing on a decentralized network. The centralization of data storage is a high risk for potential hacks and bad actors to access sensitive information. Shared storage platforms increase security of data storage by running on a blockchain network that allows for privacy and pseudonymity of data transmitters.