Definition ∞ A cloud storage service provides remote data storage capabilities, allowing users to save and access their digital information over the internet. Instead of local hardware, data resides on servers maintained by a third-party provider, offering scalability and accessibility. These services often include features like data backup, synchronization, and sharing, removing the need for physical storage devices. They represent a fundamental component of modern digital infrastructure.
Context ∞ Cloud storage services are relevant in the crypto sphere for hosting blockchain nodes, decentralized applications, and storing large datasets associated with digital asset operations. News sometimes covers the security implications of using centralized cloud providers for decentralized systems or the development of decentralized storage solutions as alternatives. Discussions frequently center on data sovereignty, privacy, and the trade-offs between convenience and control when utilizing such services.