InterPlanetary File System (IPFS)

IPFS nodes integration with the Smart-Nodes!

InterPlanetary File System

Overview

IPFS is a distributed ledger for storing and accessing files, websites, applications, and data.

The InterPlanetary File System (IPFS) is a protocol, hypermedia and file sharing peer-to-peer network for storing and sharing data in a distributed file system. IPFS uses content-addressing to uniquely identify each file in a global namespace connecting IPFS hosts. This protocol has been adopted as the gold standard for metadata immutability related to NFTs.

If you wish to learn more about IPFS, please visit this link.

IPFS Nodes integration with the Smart-Nodes

As the HbarSuite dApp deals with immutable metadata and Non-Fungible Tokens, the team has tried to utilize free and premium IPFS gateways in order to have a reliable system to fetch all the immutable information However after rigorous testing, we have seen that those third-party solutions were not reliable at all to be deployed in a production environment. The HbarSuite dApp requires a reliable system to fetch immutable metadata for NFTs, Snapshots for DAO proposals and Launchpad Whitelists. The team attempted to use free and premium IPFS gateways, but after rigorous testing, they were deemed unreliable for production deployment. Therefore team has then decided to integrate their own independent IPFS nodes into the Smart-Nodes! This method allows us to reduce third-party costs and increase speed and scalability, while being even more independent and more decentralized than ever. From this implementation on, every running smart-node will also run an IPFS node. And as consenquense there is no more gateways timeout errors or useless costs, while achieving blazing fast speeds for fetching for metadata and images of our beloved NFTs.