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Storacha Builds Hot Storage Layer on Top of Filecoin

  • Storacha introduces decentralized hot storage layer on top of Filecoin, supported by Proof of Data Possession technology.
  • The introduction of AI agents storing and accessing data without central servers via Storacha's MCP Storage Server is aimed at providing fast and accessible data retrieval.
  • Filecoin collaborates with Bagel Labs to enhance privacy of AI data using encryption, zero-knowledge proof, and differential privacy, while Internet Archive stores US government web data on Filecoin for added security.
  • Other developments include the launch of cross-chain data bridge between Filecoin and Avalanche C‑Chain, Network Version 25 update for enhanced efficiency, and current FIL price at approximately $2.53 with a market cap exceeding $1.70 billion.

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