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Decentralized Storage Efficiency

Definition

Decentralized storage efficiency refers to the effectiveness of distributed data storage networks in utilizing resources and providing accessible data. This metric assesses how well a decentralized system stores information securely across multiple nodes while minimizing redundancy and optimizing retrieval times. High efficiency ensures that data is readily available and economically stored without reliance on a single provider. It is a key factor for the practicality of web3 applications.