Filecoin is a decentralized storage network for humanity to perpetually keep data.
What is Filecoin?
There are three major sets of people on the Filecoin network: the builders, the providers, and those who store. Filecoin itself is not in charge of the data. It only sets a system for data storage. People pay to store data, and the owners of storage nodes implement it. In return, the array of storage providers also earn while doing their jobs.