IPFS Blockchain Integration

DEXIT integrates seamlessly with IPFS (Interplanetary File System) to simplify your digital life, offering robust security and effortless management of your digital information.

IPFS is a peer-to-peer content delivery network that uses content addressing to store, retrieve, and locate data based on its actual content rather than its name or location. This integration ensures that your data is always verifiable, resilient, and accessible.

Benefits:

Enhanced Security: Data integrity is verified using hash functions, ensuring you always receive the correct data.
Decentralized Storage: Files are stored across multiple nodes, providing resilience and availability even during outages.
Effortless Data Management: Simplifies the organization and retrieval of your digital information through content addressing.
Improved Privacy: IPFS’s peer-to-peer network reduces reliance on centralized servers, enhancing your data privacy.
Scalability: Easily scale your storage needs without compromising on performance or security.
Open and Transparent: Built on open protocols, ensuring transparency and trust in data handling.
Future-Proof: Leverages cutting-edge technology to keep your digital life organized and secure for years to come.

Integrating DEXIT with IPFS brings a new level of efficiency and security to managing your digital information.

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Why Integrate DEXIT with IPFS?

IPFS (InterPlanetary File System) it is a **peer-to-peer hypermedia protocol** designed to make the web faster, safer, and more open.¹²

This integration enhances the robustness and reliability of DEX Sidekick, making it a powerful tool for managing and delivering content in a secure, verifiable, and resilient manner. Our integration is primarily used for storing and sharing content in a distributed manner. It allows DEX users to host and access files from multiple nodes across the network, ensuring data integrity and availability.²

Content Addressing: Our peer-to-peer content delivery network leverages content addressing, allowing data to be stored, retrieved, and located based on its actual content fingerprint rather than its name or location.

Open
Distributed Network: The IPFS network is decentralized and participatory, effectively reducing data silos that are common with central servers.

Verifiable
Data Integrity: All data integrity is verified using hash functions, ensuring that you always receive the data you’re looking for with complete trust.

Resilient
Multiple Nodes: Data and files can be stored across multiple nodes, ensuring content availability even during critical outages.

What is IPFS? The hard drive for Blockchain

IPFS (Interplanetary File System) is a way to store and share files on the internet. Think of it like a super-organized library where you can keep track of all your files and their versions over time. It’s a bit like how you might use Google Drive to store documents, but instead of being stored in one place, the files are spread out across many computers around the world, similar to how BitTorrent works.

This system lets you access and share files directly with others through a secure, global network. By doing this, IPFS helps create a more permanent and reliable web, improving how we use the internet today. It’s often called “the hard drive for blockchain” because it provides a decentralized way to store and manage data, which is essential for blockchain technology.

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IPFS and Blockchains

Think of blockchain as a super-secure online ledger that keeps records safe and unchangeable. Because of this, it’s great for keeping track of information about files stored on a system like IPFS. In simple terms, IPFS and blockchain work really well together, like best friends, because they both help keep data safe and organized in a decentralized way.

Benefits - Use cases

The benefits of IPFS are revolutionizing the current technology sector, causing large companies to implement it in their processes. Netflix, Opera or Chrome are some companies that rely on this technology. But what does it really mean that we can safely store data on a distributed network? It means that we can optimize and improve the operation of all the processes that happen on the internet.

End of “servers” hosting websites. All content will be delivered from IPFS and data will be pulled directly from the blockchain.
End of web registrations to obtain accounts. Your private key will grant permission and access to your identity to websites / providers.
Direct communication with other people without intermediaries. Truly secure, private and uncensored communication applications.
Social networks where your information is only available to those to whom you give permission.

Within these use cases, we can highlight several companies that are implementing them effectively:

Cloudflare, runs a distributed web gateway to speed up and secure access to IPFS without the need for a local node.
Microsoft ION, The digital identity system is built on Bitcoin and IPFS and its objective is to build a technology that allows creating a secure and scalable digital identity system at a global level.
Brave, the search engine uses Origin Protocol and IPFS to host its decentralized merchandise store.
Opera para Android has default support for IPFS, allowing mobile users to navigate ipfs: // links to access data on the IPFS network.
Wikipedia uso IPFS They have developed a mirror of their website, which allows them to access Wikipedia from jurisdictions where it is censored.
Filecoin, uses IPFS to create a cooperative storage cloud based on IPFS.

Sources

(1) An open system to manage data without a central server | IPFS. https://ipfs.tech/

(2) A Technical Guide to IPFS – the Decentralized Storage of Web3. https://www.freecodecamp.org/news/technical-guide-to-ipfs-decentralized-storage-of-web3/