AMSTERDAM, NETHERLANDS / ACCESSWIRE / May 31, 2021 / KnoxFS works as a decentralized hybrid storage solution that allows individuals to store data in a secure, decentralized, and private manner. Working as a decentralized autonomous organization (DAO), KnoxFS relies on community support and voluntary contributions. Users who share and store data will use blockchain-protected decentralized storage networks and IPFS technology. Aside from storage skills, users can also get KFX digital currency through network support.
Share encrypted distributed files and decentralized storage
KnoxFS offers its users cost-effective access to storage servers around the world, taking advantage of their unused storage space and distributing the same to users. As an innovative solution, KnoxFS combines different cloud storage platforms and shares them with the community with a decentralized structure.
Thus, with their support, the community will have access to an existing infrastructure configuration with establishments such as Sia, Storj, Filecoin and BitTorrent.
Blockchain technology is already altering the world. With its implementation in storage solutions, users will get more privacy and security compared to centralized systems.
KnoxFS takes care of the technical aspects to ensure seamless integration with these open source storage solutions. Users can access secure storage space in a decentralized manner protected by the blockchain.
DSBS helps users stay connected to storage solutions at all times and ensure unrestricted access without changing access rules instead of current centralized systems, which may unanimously dictate new terms.
Why do people need access to secure, decentralized storage solutions?
Existing data storage solutions, such as Google Drive, iCloud, DropBox, or even iCloud, have a centralized structure, where users have no control over data protection systems. Some cybersecurity analysts exposed a data breach and leaked it, allowing private files from more than 270,000 users to be shared.
Similar reports undermine customer confidence in cloud storage solutions. This is where KnoxFS provides its users with secure and simplified access to their storage solutions, without the need for technical knowledge.
Decentralized storage systems are more secure, private, and user-oriented. In addition, decentralized storage systems such as KnoxFS are more difficult to hack than a centralized one. In storage, files are encrypted with private keys known only to the user.
Security of encryption and data sharing
KnoxFS users will be able to take advantage of data storage and transfer methods using a permissions-based system. The platform provides tools and sources to help the community transact data with an error-tolerant system. This means that even if the underlying system suffers an error, users will be able to access their data and files without any problems.
KnoxFS addresses other aspects of user data management by giving them access to a dedicated portfolio, a data analysis system, and a data creation system. Initially, the distributed storage system will run through a dedicated platform. But, according to future developments, users can work with the various functionalities directly from the KnoxFS portfolio.
Information and token bet
KnoxFS has its own cryptocoin called KFX and runs on the PoS algorithm. With a maximum supply of 5 million coins, users can participate and earn their share of KFX.
Since the platform runs with the betting test algorithm, participation is an important part of the entire operating circle. The minimum game amount for each user is 50 KFX or more, with 12 hours as the minimum game age.
Earn KFX passively
Aside from participation, users can also earn KFX passively by supporting master nodes by providing currency mixing services, better transaction potential, and decentralized governance. Users who provide these services to support the infrastructure are paid to KFX.
KnoxFS offers decentralized, secure, and secure storage systems for use by on-chain and off-chain users. It is designed for individual users and business use cases. Users can save and store data in the blockchain protected interface which is also enabled with a distributed storage system for better security.
Contact with the media
PR – Cryptoshib.com
E-mail – [email protected]
SOURCE: KNOX FS
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