Building on Filecoin and Filecoin Proofs

When looking to build dApps that utilize decentralized storage Filecoin seems like the best option even with its flaws like : absent proof of deletion for the client, absent encryption, impossible modifying of the stored data and the durability problem of Filecoin’s Proof of Replication. This research gives an overview of competitors in decentralized storage solution field with a focus on Filecoin protocol. It also shows how its competitor Storj differs from Filecoin and the current grant opportunities for potential building on it. Considering the results of the research Filecoin seems to be the best option considering the popularity and the size of its ecosystem. Currently there is no interest for building on and with Filecoin and this is a purely explorative work without experiments, in order to test the researcher’s methodology and the approach to research. However, it proposes a question about a potential way of improving Filecoin, or creating both safer protocol for the user and cheaper for the storage miners.