Decentralized Storage

Definition ∞ This refers to systems that store digital data across a network of independent nodes rather than on a single central server. Data is fragmented, encrypted, and distributed, enhancing resilience against single points of failure and censorship. This approach offers an alternative to traditional cloud storage models.
Context ∞ Decentralized Storage is a significant area of development within the blockchain space, often discussed in relation to data privacy, censorship resistance, and cost efficiency. Current debates focus on the performance, security, and economic incentives that drive participation in these networks. News often highlights the adoption of decentralized storage solutions by Web3 projects and their potential to challenge established cloud providers by offering more robust data sovereignty.