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Difference between IPFS and Filecoin? [closed]

They both seems to store files in a decentralized network. So what's the difference between them in terms of data structure and algorithms they use? And also what's the difference between them in terms of use cases?

If I store a file in IPFS or Filecoin, will it remain there forever or it may get lost?

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Narayan Prusty Avatar asked Aug 10 '16 17:08

Narayan Prusty


1 Answers

IPFS does storage and content-based addressing. Filecoin is just a way to incentivize people to store IPFS content.

So it's not really easy to tell the difference because they are not comparable. Filecoin just works on top of IPFS.

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Afr Avatar answered Sep 21 '22 20:09

Afr