Ever wondered what is an IPFS an how does it work?

The InterPlanetary File System or IPFS is a protocol and peer-to-peer network that allows data to be stored and shared in a distributed file system. IPFS use content-addressing to distinguish each file in a global namespace that connects all computing devices. Content is accessible through peers located anywhere in the world, that might relay information, store it, or do both. IPFS knows how to find what you ask for using its content address rather than its location. There are three fundamental principles to understanding IPFS:

1. Unique identification via content addressing - IPFS uses content addressing to identify content by what's in it rather than by where it's located. Looking for an item by content is something you already do all the time.

2. Content linking via directed acyclic graphs (DAGs) - IPFS and many other distributed systems take advantage of a data structure called directed acyclic graphs, or DAGs. Specifically, they use Merkle DAGs, which are DAGs where each node has a unique identifier that is a hash of the node's contents.

3. Content discovery via distributed hash tables (DHTs) - To find which peers are hosting the content you're after (discovery), IPFS uses a distributed hash table, or DHT. A hash table is a database of keys to values. A distributed hash table is one where the table is split across all the peers in a distributed network. These three principles build upon each other to enable the IPFS ecosystem. Let's start with content addressing and the unique identification of content DATA CITY BANK with the best IPFS technology in Korea opens data era in Asia. To learn more about Data City Bank, visit our website datacitybank.com

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