Content Addressed Peer-to-Peer File System for the Web with Blockchain-based Metadata Integrity

We propose a new content addressed peer-to-peer file system as a replacement to the bloated HTTP protocol assisted with the robust preservation properties of Blockchain.

Content Addressed Peer-to-Peer File System for the Web with Blockchain-Based Metadata Integrity

With the exponentially scaled World Wide Web, the standard HTTP protocol has started showing its limitations. With an increased amount of data duplication \& accidental deletion of files on the Internet, the P2P file system called IPFS completely changes the way files are stored. IPFS is a file storage protocol allowing files to be stored on decentralized systems. In the HTTP client-server protocol, files are downloaded has from a single source. With files stored on a decentralized network, IPFS allows packet retrieval from multiple sources, simultaneously saving considerable bandwidth. IPFS uses a content-addressed block storage model with content-addressed hyperlinks. Large amounts of data can is addressable with IPFS with the immutable and permanent IPFS links with meta-data stored as Blockchain transactions. This timestamps and secures the data, instead of having to put it on the chain itself. Our paper proposes a model to use the decentralized file storage system of IPFS, and the integrity preservation properties of the Blockchain, to store and distribute data on the Web.

Cryptocurrencies and Blockchain

An explanatory talk about blockchain, cryptocurrencies and the impact of a decentralised financial system on the world economy.