Juan Benet Quotes

Juan Benet
American Businessman
Bitcoin Call Cloud Decentralized Where You
Related authors: Bill Gates Henry Ford Jim Rohn Les Brown Peter Drucker Stephen Covey Steve Jobs Warren Buffett
Filecoin is a token with fundamental value. Filecoin is like Bitcoin, but miners amass hard drives instead of hashing computers. Juan Benet
Bitcoin Value Miners Computers Drives Instead Like Hard Token Filecoin Fundamental
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 Benet
Reward First Miner Spent Miners Locking Data Network Purpose Hire Foremost Up Precisely Currency Store Create Successfully Use Token Who Filecoin Files
Filecoin is a decentralized storage market - think of it like Airbnb for cloud storage - where anybody with extra hard drive space can sell it on the network. Juan Benet
Space Drive Cloud Think Extra Market Airbnb Network Like Sell Anybody Storage Where Decentralized Hard Filecoin
We use content-addressing so content can be decoupled from origin servers and, instead, can be stored permanently. This means content can be stored and served very close to the user, perhaps even from a computer in the same room. Juan Benet
Computer Instead Perhaps Content Permanently Very Close Same Stored Room Means Use User Origin Even Served

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