IPFS and the Future of the Internet

KNNX Corp.
5 min readApr 27, 2020
What is IPFS and why should you care?

What is IPFS ?

Today, I am going to talk about Interplanetary File System’s (IPFS) — what is it and why you should care.

I swear I’m not quoting some intergalactic technology from Startrek… well, sort of. I’m sure many are now familiar with fundamental blockchain architecture principles such as decentralized databases and immutable audit trails.

IPFS too is similar to these, since it is an open-source, peer-to-peer decentralized way of storing and accessing data.

Traditionally, storing and accessing data digitally via the Internet is done through HyperText Transfer Protocol (HTTP). Your device’s IP address is used to identify the specific server that is hosting the requested information, through location-based addressing.

Data is identified by identifying where it is located rather than by its content. If the hosting server goes down, by accident or on purpose, expect a 500 series error code.

Today’s web is quite centralized, causing unnecessary inefficiencies, expenses, and limiting opportunity.

IPFS data is stored across a network of computers as a hash/value pair, a user does not have to…

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KNNX Corp.
KNNX Corp.

Written by KNNX Corp.

KNNX is a global leader in Distributed Ledger Technology and Enterprise Products. To learn more, head over to: https://www.knnx.com/

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