TON Foundation, the team behind TON Blockchain, announced TON Storage, a decentralized peer-to-peer file-sharing system with an incentivized model, enabling nodes to earn in exchange for their services.
Founded by Telegram founders, TON Blockchain has been changing the concept of decentralization by aiming to integrate the internet with blockchains around the world. The new TON Storage gives users control over their files with no third party involved, making file sharing more private and safe.
Furthermore, the nodes who host these files will receive an incentive in return. The user will be required to pay a fixed fee in Toncoin, the native token, to store the files for a specific period of time through a smart contract created by the node operator and a user on the TON blockchain.
“This will ensure users are able to store data “virtually in perpetuity,” the statement by the team reads. There are no requirements to become a node as this new feature is launched to attract more users to TON’s ecosystem.
The TON Storage is quite practical, so people can store their important files and have ownership over them in a decentralized model. Compared to centralized websites where these files are accessible, this sharing system is much more personalized.