This article is sponsored by Protocol Labs
As 2020 nears its end, the internet has become even more of a necessity for everyday life. From school to work and even social gatherings, the Covid-19 pandemic has force-shifted masses of humanity to new ways of learning, producing and creating a sense of community.
With so much of our lives now dependent on being online, the threats of outages from single points of failure loom larger than ever.
The recent launch of decentralized cloud storage network Filecoin means there is now a viable alternative to centralized servers — an important development for this increasingly internet-reliant world. Forkast.News and Decrypt Media will discuss it all in a special session of Around the Campfire for a video discussion of the past, present and future of decentralized storage networks, in collaboration with Protocol Labs.
”We see this as a really critical moment in the progression of Web 3.0, where there’s a very large wave coming,” Protocol Labs CEO Juan Benet told Forkast.News. Protocol Labs is the creator of Filecoin, which is built on top of the InterPlanetary File System.
According to PricewaterhouseCoopers (PwC), cloud spending rose by 37% in the first quarter of 2020 as businesses and schools scrambled to serve the billions of people around the world advised or forced to work and go to school from home.
Meanwhile, giant cloud service providers such as Microsoft and Amazon, which are also among the world’s largest companies by market capitalization, account for most of the world’s cloud market share.
What is the future of cloud storage, the risks and possibilities? How will decentralization and Web 3.0 affect everyday life? And are upstarts like Filecoin kickstarting the next era of innovation in cloud storage?
Join Forkast.News and Decrypt Media for Around the Campfire with the Filecoin team for answers to these questions and more tomorrow, Nov. 19 at 4 pm PST (Nov. 20 8 am HKT).