Chromia

<p>Chromia has officially launched Filehub, its decentralized storage solution, on the platform’s mainnet. This new service offers a secure and scalable way for users to store and access digital files. The news was shared on Chromia’s official X account. The deployment of Filehub marks a significant advancement for the blockchain platform, which is known for its modular framework and ability to support dedicated <a href="https://blockchainreporter.net/glossary/decentralized-applications-dapps/" rel="noopener noreferrer nofollow">decentralized applications (dApps)</a>.</p><h2 id="header-0">Filehub Offers Secure, Decentralized Storage with 30-Year Guarantee</h2><p>Filehub uses Chromia blockchain to offer a safe way to store and access files and metadata with a special emphasis on the horizontal scaling. The platform guarantees that files are distributed in an unchangeable manner so that it cannot be censored or modified. Such a decentralized approach is intended to provide staking for years, which is especially relevant for projects where data immutability is a priority.</p><p>Filehub storage fees are paid in Chromia’s native token CHR at $0.10 per megabyte. However, as Chromia infrastructure grows, it plans on cutting the costs of storage. Every file uploaded to the platform is backed with an over 30-year guarantee of the file’s security.</p><p>Filehub was developed to meet the requirements of many applications where they need decentralized storage with proper security which is immutable and permanent. They include; <a href="https://blockchainreporter.net/glossary/non-fungible-token/" rel="noopener noreferrer nofollow">NFTs</a>, legal papers, and other confidential information. The platform is suitable when it is necessary to collect data for a long time and exclude the possibility of unauthorized changes to it.</p><h2 id="header-1">Filehub Now Live on Mainnet, Set to Revolutionize Decentralized Storage</h2><p>The Filehub works through two main parts. The Filehub Blockchain records file details and handles references to data, and the Filechain Blockchains store data in various nodes and verify payments by means of proofs. This decentralized structure also guarantees both high availability of data and their transparency.</p><p>Filehub has already been used by Fanzeal to store images and metadata of the collectibles such as those on its VfB Stuttgart market. With Filehub now going live on the mainnet, <a href="https://chromia.com/" rel="noopener noreferrer nofollow">Chromia</a> is hopeful that more projects from the <a href="https://blockchainreporter.net/glossary/web-3-0/" rel="noopener noreferrer nofollow">Web3</a> and other sectors will integrate with it storage service. This will be a great factor in the future of decentralized storage and blockchain architecture.</p>

Chromia Introduces Filehub for Secure and Scalable Data Storage

Table of Contents

BlockchainReporter

Other articles published on Oct 11, 2024

Littio Expands Dollar-Based Savings with OpenTrade Via Avalanche for LatAm users

OpenTrade and Littio Shift to Avalanche: What It Means for the Altcoin Market

Thailand SEC Proposes Crypto Investment Options for Mutual and Private Funds

Peter Schiff Tells Michael Saylor to Take $4.3B Loan to Buy U.S. Government Bitcoin

3 Best Altcoins to Buy in the US in 2024 that Can Make You a Crypto Millionaire

Argentina overtakes Brazil in crypto inflows — Chainalysis

Join our free newsletter for daily crypto updates!