Moving to Decentralized Storage in the Digital Age – Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide
With the rising interest in blockchain technology, Qchain storage has taken the initiative to dominate the decentralized storage segment. The product has presented several advantages from safe data storing to protecting personal information from getting into the wrong hands.
Now more information is being produced than ever before and the need to protect it has become a major concern for consumers all over the world. For this reason, there has been a shift from traditional centralized storage that dominated the market over the years to a more anonymous devolved system that puts everyone in control. With decentralized storage systems, information is more secure, protected and can only be accessed by the owner with a special key, and this is why it is perfect.
What is decentralized storing?
Decentralized storing means storing information or data on multiple computers also known as nodes on a decentralized blockchain network. Compared to cloud storage, you can upload, store and request your information whenever you want and receive the file. Now the difference is when you request your file it acts like a P2P client, downloading files in fragments from the network until you have the complete file.
In a decentralized storage you don’t have to worry about members of the network being able to read your files as they are automatically encrypted and can only be read by the one with the encryption key i.e. you. Furthermore, with such services like Qchain storage, your information is fragmented in such a way that no single person holds multiple files. This creates an extra level of privacy and security that can only be found with decentralized storage when compared to centralized cloud storage which keeps all its information in a single place.
The disadvantage of centralized storage is that it is controlled by one system and can be easily cracked by hackers. This means that anyone who gains access to the system can get all of your files in one fail swoop and the Qchain team understood this was a problem.
With the tides of data storage moving towards decentralized storage in a digital age, there is a company that makes waves in this sector, it is Qchain. Qstorage DCS has joined the band wagon by not storing information in a single place as it is typically done with cloud storages but splits them into different parts and sends these parts to different nodes. Such an approach provides maximum security and protection.
QChain is also an open source program, and this means its code is accessible to the public for improvement and corrections. The company says they intend to keep the program open-source for a long time to allow the public to see how the network works in detail. There is also an affiliate program which is meant to help other businesses in the distribution.
Now the company network has more than 10,000 nodes in 85 countries and these nodes are different devices, from a smartphone to a server – a global blockchain of nodes ready to work at all times. Qstorage team cannot see or access user’s data. All files are encrypted before being divided into several parts and sent off to different nodes. They are put together only when you request access to them and even then, you are the only one who can see or access them.
The benefits of decentralized storage
Here are the main benefits of decentralized storage when compared to a centralized one.
With a decentralized storage system like Qchain which has multiple nodes on several devices including smartphones and servers, the amount of money spent on available storage is a lot less than if they were to use such systems as servers on centralized storages. This also means that you will have a lot more available storage since there are millions of nodes worldwide hosting your data.
By using technology similar to P2P servers, decentralized storage services like Qchain improve download speeds by having different fragments of data on several servers. Doing this increases the speeds compared to Traditional client servers that may result in a bottleneck effect when traffic becomes larger than the network is intended to handle. This greatly benefits users as you don’t have to wait for hours to get your files.
As stated before, fragmenting data files and splitting them among nodes makes it impossible for anyone to get access to all these files when they are separate, this greatly improves privacy and security. Data on storage systems such as Qchains aren’t only fragmented but also encrypted, therefore, no one can read this data as it is encrypted and a single fragment is useless without the other parts.
Decentralized storage systems with millions of nodes take active part in data fragmentation, and these extra copies of your data are stored in different places in case of transmission error. By doing this, file loss is reduced to the barest minimum and you don’t have to worry about waking up to your important files missing.
Because of the competition levels among different nodes, and also because quality nodes will survive in this competition, the market prices are cheaper and fairer.
Over the years, data storage has moved from a centralized system where one group controls all the data and the way you access it to a more decentralized system controlled by users themselves. The blockchain system first introduced by bitcoin, along with the exponential increase in the need to store more information has led to the new storage systems we see today, and Qchain is one of them.
It is a new step in the digital age, urging more and more people to take control of their data into their own hands rather than leave it to some group of people. By doing this, we hold ourselves accountable and provide safety in the digital world.
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