Filecoin is a decentralized, open-source cloud storage system. It aims to solve resiliency and efficacy issues that challenge the web’s biggest centralized cloud storage providers, while allowing users to have greater access and control over their data. By relying on a network of operators instead of a single central server, Filecoin’s cloud storage is by its nature more resistant to censorship and denial of service attacks. Users can earn FIL, Filecoin’s native token, by mining (either “storage mining” or “retrieval mining”) and by storing data on the protocol.

What is Filecoin (FIL)?
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Looking for more resources?
 What is Cryptocurrency? A cryptocurrency is a form of digital currency that uses cryptography and blockchain to encrypt, secure, and verify transactions and proof of ownership. Read more
 Crypto Glossary for Nonprofits and Donors: 60+ Terms Explained We’ve put together a glossary of the most popular, essential, and amusing jargon, terms, shorthands, and slang. Read more
 Why should nonprofits accept cryptocurrency donations? Less than 1% of nonprofits accept cryptocurrency donations. Fifteen years ago nonprofits were skeptical about credit card donations. Read more



