How to Store Data in Filecoin’s (FIL) Storage System

Filecoin is a decentralized data storage system that allows users to store and retrieve data in a secure, reliable, and cost-effective way.

Built on the InterPlanetary File System (IPFS) and powered by a decentralized network of computers, Filecoin’s system offers several benefits over traditional centralized storage systems.

In this blog post, we will explore how filecoin’s decentralized storage system works and what are the various ways to store data, from technical way to beginner-friendly.

What is Filecoin (FIL)?

Filecoin is a decentralized storage network that uses a network of independent storage providers to store and serve files. The network is powered by a native token called Filecoin (FIL), which is used to incentivize storage providers to join the network and contribute their storage capacity.

Filecoin is designed to be a more secure and cost-effective alternative to traditional centralized cloud storage providers, such as Dropbox or Google Drive.

Did You Know: In 2012, Dropbox was hacked and 68 million user passwords were leaked on the Internet.

Advanatages of Filecoin storage

• High level of security: Filecoin uses advanced cryptographic techniques to ensure the security of stored data. This can provide an additional layer of protection for sensitive information.
• Flexible storage options: Filecoin allows users to choose from a variety of storage options, including hot storage (for frequently accessed data) and cold storage (for infrequently accessed data). This can make it easier for users to customize their storage setup to meet their specific needs.
• Decentralized network: Filecoin is a decentralized network, which means that it is not controlled by a single company or entity. This can make the network more resistant to censorship and downtime, and it can also give users more control over their data.
• Cost-effective: Filecoin is designed to be more cost-effective than traditional centralized storage providers. Because the network is powered by a network of independent storage providers, the cost of storing data on the network can be lower than the cost of storing data on a centralized server.

Disadvantages of Filecoin storage

• Potential for network congestion: As the Filecoin network grows, it may become more congested, which could potentially lead to slower data retrieval times and higher transaction fees.
• Limited use cases: Filecoin is primarily designed for storing and serving files, so it may not be suitable for applications that require other types of data storage or processing capabilities.
• Not as widely adopted as other decentralized storage networks: Filecoin is not as widely adopted as other decentralized storage networks, such as Sia or Storj. This means that there may be fewer storage providers available on the network, which could potentially limit the amount of storage capacity available.

How to Store Data in Filecoin: Step-by-Step Guide

The following software programs are available for users to utilize to store data on the Filecoin network. Firstly, we need to decide on one software for storing data.

List of Apps use to Store Data

1. ChainSafe Files: With a Dropbox-like user interface, ChainSafe Files offers decentralized cloud storage with end-to-end encryption.
2. Estuary: It enables the direct browser, command-line, and API content uploading and saving to the Filecoin network.
3. Space Storage by Fleek: An open-source, user-controlled, encrypted file storage and sharing system using IPFS and Filecoin that is connected to Ethereum accounts or standard online OAuth options.
4. Lotus: Using its daemon and CLI, Lotus imports data and executes transactions on the chain. Users of Lotus have complete control over the transactions, suppliers they choose, and payment methods. Make sure Lotus is installed and operational and that you are comfortable with it.

1. Storing data on Filecoin (FIL) using Chainsafe files

Method 1: (only for users having technical knowledge)

Chainsafe Files is a library for interacting with the Filecoin network that makes it easy to upload, download, and manage data on the network.

To store data on Filecoin using Chainsafe Files, you will first need to install the library on your computer. You can do this by running the following command:

npm install chainsafe-files

Once you have installed the library, you can use it to create a Filecoin client and connect to the network. You will also need to create a wallet and receive some Filecoin (FIL) tokens, which you will need to pay for storage on the network.

To upload your data to the Filecoin network, you can use the upload method from the Chainsafe Files library. This method takes the file or directory you want to upload and returns a promise that resolves with the IPFS hash of the uploaded data.

Here is an example of how to use the upload method to store data on Filecoin:

const { Filecoin } = require('chainsafe-files');

// Create a Filecoin client and connect to the network
const filecoin = new Filecoin();
await filecoin.connect();

// Create a wallet and receive some Filecoin tokens
const wallet = await filecoin.walletCreate();
const address = await wallet.address();

// Upload your data to the Filecoin network
const data = 'my-data-file.txt';
const options = {
  // Specify the duration and amount of Filecoin you want to pay for storage
  duration: 1000, // 1000 blocks
  price: 1, // 1 FIL
};
const hash = await filecoin.upload(data, options);

console.log(`Your data has been stored on Filecoin with the IPFS hash: ${hash}`);

Once your data has been uploaded, it will be stored securely on the Filecoin network, and you will be able to access it at any time using the IPFS protocol or the download the method from the Chainsafe Files library.

Method 2: Non-Technical Users

• Firstly, you need to visit Chainsafe Files website-

• Register,   Both Web 2.0 and Web 3.0 login methods are available to you. To maintain our decentralized nature, we’ll employ a Web 3 wallet. Ensure you have a Web 3.0 wallet installed in your chrome extensions, such as Metamask, wallet connect, Torus, etc.

• Now complete the process of connecting the metamask wallet and signing a message. Select a method of securing your files and account. we will go with password setup.

The program can make local backups. Keep in mind that the true sign-in method is your digital wallet. You will be able to log in to the same software using your Web 3.0 wallet if you forget your local passcode or use a different computer.

• You are about to access the application. The user interface is straightforward. It has two main characteristics (like Dropbox): File sharing and storing. You will be given a 20Gib of space.

• Now you can play with the setting like changing your username, which will be helpful for people sharing files with you. This username will be used by users to send files to you. Keep the Account Visibility option selected as ON so that people may discover you. If you are working on a crucial project, it is best to maintain your anonymity.
• To upload your files, click the Upload button. However, creating folders is recommended for better classification. Moving files between directories will always be possible.

• The right side of the file or folder has an arrow that you may click to reveal a drop-down menu with many choices. Your files are available for download at any time, anywhere. The opportunity to share is the most crucial component.

Storing data on Filecoin (FIL) using Lotus

The Filecoin lotus client is a command-line interface that allows you to interact with the Filecoin network using simple commands, without having to write any code.

To store data on Filecoin using the lotus client, you will first need to install the client on your computer. You can do this by running the following command:

$ lotus daemon

This will install the lotus client and start a local Filecoin node that you can use to connect to the network.

Once the lotus client is installed, you can use it to create a wallet and receive some Filecoin (FIL) tokens, which you will need to pay for storage on the network. To create a wallet, run the following command:

$ lotus wallet new

This will generate a new wallet address, which you can use to receive Filecoin tokens. To see your wallet address, run the following command:

$ lotus wallet address <wallet-address>

Once you have a wallet and some Filecoin tokens, you can use the lotus client send command to upload your data to the Filecoin network. This command takes the wallet address, the file or directory you want to upload, the duration of storage, and the amount of Filecoin you want to pay for the storage.

Here is an example of how to use the lotus client send command to store data on Filecoin:

$ lotus client send <wallet-address> <file-or-directory> <duration> <price>

For example, to upload the file my-data-file.txt to the Filecoin network and pay 1 FIL for 1000 blocks of storage, you would run the following command:

$ lotus client send <wallet-address> my-data-file.txt 1000 1

Once your data has been uploaded, it will be stored securely on the Filecoin network, and you can access it at any time using the lotus client or the IPFS protocol.

Storing data on Filecoin (FIL) using the filecoin Space App

you can use the Filecoin Space app to store data on Filecoin. This app is available for macOS, Windows, and Linux, and it provides a simple and intuitive interface for uploading and managing your data on the Filecoin network.

To store data on Filecoin using the Filecoin Space app, follow these steps:

1. Download and install the Filecoin Space app on your computer.
2. Open the app and create a new wallet. You will be given a wallet address, which you can use to receive Filecoin tokens.
3. Receive some Filecoin tokens by sending them to your wallet address from an exchange or another wallet.
4. Click the “Upload” button in the app, and select the file or directory you want to upload to Filecoin.
5. Specify the duration of storage and the amount of Filecoin you want to pay for the storage.
6. Click the “Upload” button to start the upload process.
7. Once the upload is complete, your data will be stored securely on the Filecoin network, and you can access it at any time using the app or the IPFS protocol.

Storing Data using Slate

Slate is a toolkit for building applications on top of the Filecoin network, which makes it easy to store and manage data on the network without having to write any code.

To store data on Filecoin using Slate, you will first need to install the Slate command-line interface (CLI) on your computer. You can do this by running the following command:

Once the Slate CLI is installed, you can use it to create a Filecoin wallet and receive some Filecoin (FIL) tokens, which you will need to pay for storage on the network. To create a wallet, run the following command:

slate wallet new

This will generate a new wallet address, which you can use to receive Filecoin tokens. To see your wallet address, run the following command:

slate wallet address

Once you have a wallet and some Filecoin tokens, you can use the slate filecoin storage command to upload your data to the Filecoin network. This command takes the file or directory you want to upload, the duration of storage, and the amount of Filecoin you want to pay for the storage.

Here is an example of how to use the slate filecoin storage command to store data on Filecoin:

slate filecoin storage <file-or-directory> <duration> <price>

For example, to upload the file my-data-file.txt to the Filecoin network and pay 1 FIL for 1000 blocks of storage, you would run the following command:

slate filecoin storage my-data-file.txt 1000 1

Once your data has been uploaded, it will be stored securely on the Filecoin network, and you can access it at any time using the Slate CLI or the IPFS protocol.

how to access stored data in filecoin using IPFS protocol

To access data that is stored on the Filecoin network using the InterPlanetary File System (IPFS) protocol, you will need to have the IPFS daemon running on your computer. You can install the IPFS daemon by following the instructions on the IPFS website.

Once the IPFS daemon is installed and running, you can access data that is stored on Filecoin using the ipfs cat command. This command takes the IPFS hash of the data you want to access, and it outputs the contents of the data to the console.

Here is an example of how to use the ipfs cat command to access data that is stored on Filecoin:

$ ipfs cat <ipfs-hash>

For example, to access data with the IPFS hash QmNsdkfsjdfsjkdfsjkdfsjkdfsjkdfsjkdfsjkdfsjkdfsjkdf, you would run the following command:

$ ipfs cat QmNsdkfsjdfsjkdfsjkdfsjkdfsjkdfsjkdfsjkdfsjkdfsjkdf

This will output the contents of the data to the console, which you can then save to a file or use in your application as needed.

Alternatively, you can use a Filecoin wallet or application that provides a graphical interface for accessing data on the network. These wallets and applications will typically allow you to search for data by its IPFS hash and download it to your computer with just a few clicks.

Importance of Decentralized Data Storage System

Decentralized data storage is important for several reasons.

• One of the main reasons is that it allows for increased security and privacy. With centralized data storage, all of the data is stored in a single location, which makes it a tempting target for hackers. In contrast, with decentralized data storage, data is distributed across many different nodes, making it much more difficult for hackers to access.
• Another reason that decentralized data storage is important is that it can be more reliable and resilient than centralized storage. Because data is distributed across multiple nodes, if one node goes offline or experiences a failure, the data can still be accessed from other nodes. This can help to prevent data loss and ensure that the data remains available even in the event of a disaster.
• Decentralized storage can also be more cost-effective than centralized storage. Because data is distributed across many different nodes, it can be stored on less expensive hardware, which can help to reduce costs.
• Additionally, because decentralized storage networks are often run on a peer-to-peer basis, there is no need for a centralized authority to manage the network, which can further reduce costs.

Overall, decentralized data storage is important because it provides increased security, reliability, and cost-effectiveness compared to centralized storage.

Decentralized vs Centralized Data Storage

Conclusion

In conclusion, Filecoin’s decentralized data storage system offers numerous benefits over traditional centralized storage systems, including increased security, reliability, and cost-effectiveness.

By distributing data across multiple nodes, Filecoin’s system provides a more secure and resilient way to store data, while also reducing costs and improving accessibility. Overall, Filecoin’s decentralized storage system represents a significant step forward in the world of data storage.

FAQs