"The purpose of the Filecoin currency is to create a fungible token that can be spent to hire the miner network to store files. The first and foremost use of the currency is precisely this: locking it up as a reward to miners who successfully store data on the network."
- Juan BenetThe creator of Filecoin, Juan Benet, created a digital ecosystem with the goal of completely changing the way we store data online. Imagine a huge library where books (data) are kept in innumerable digital vaults located all over the world rather than on actual shelves. Every vault is run by people …