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Solana Archives Ledger on Filecoin Through Old Faithful

  • Solana's Old Faithful initiative has archived its entire transaction ledger on the Filecoin network for decentralized, long-term access.
  • The archive can be accessed through IPFS and CAR files, allowing users to retrieve specific data without downloading the entire ledger.
  • The storage currently holds about 250 terabytes of data, growing at 500 gigabytes every two days, with 50 terabytes dedicated to index data.
  • Solana's move to archive data on Filecoin reflects its effort to reduce reliance on centralized cloud providers, improve network decentralization, and introduce innovative protocol updates like Alpenglow.

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