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What is Filecoin (FIL)?

Discover the key facts about Filecoin (FIL).

Cryptocurrencies » Filecoin (FIL)

About Filecoin

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.

Donate FIL to Nonprofits on The Giving Block

The Giving Block makes donating FIL and other cryptocurrencies easy, secure, and tax-efficient. Visit our donor marketplace to explore thousands of crypto-friendly nonprofits, educational institutions, and faith-based organizations.

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