InterPlanetary File System (IPFS)

The InterPlanetary File System (IPFS) is a peer-to-peer distributed file system that aims to make the internet more resilient and decentralized. It enables users to store and exchange files in a distributed manner, accessing data via content-based addressing rather than traditional location-based URLs.

IPFS seeks to improve data availability, eliminate reliance on central servers, and enable faster web content delivery.

More Definitions

Interoperability

The capacity of multiple blockchain networks or systems to communicate, interact, and share data seamlessly is referred to as interoperability. It allows for the transfer of assets and information across different blockchain platforms, enabling collaboration and synergy across diverse decentralized applications and networks.

Initial Exchange Offering (IEO)

An Initial Exchange Offering (IEO) is a fundraising event held directly on cryptocurrency exchanges by cryptocurrency projects. During an IEO, the exchange serves as a facilitator, hosting the token sale on its platform and performing due diligence on investors' behalf.

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