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Title: Blockchain vs IPFS? how it differ from each other? Post by: Earl Edward on January 21, 2019, 05:47:54 AM Can someone explain or highlight to me the difference between Blockchain and IPFS? thank you in advance! cheers!
Title: Re: Blockchain vs IPFS? how it differ from each other? Post by: Pmalek on January 21, 2019, 09:17:08 AM They complement each other and work together.
Quote IPFS and the Blockchain are a perfect match! You can address large amounts of data with IPFS, and place the immutable, permanent IPFS links into a blockchain transaction. This timestamps and secures your content, without having to put the data on the chain itself. Quote This creates a sort of beneficial relationship between the two technologies. Since blockchain technology is not fit to store large amounts of data, the IPFS can be used by blockchain applications that need a publicly accessible database. While the immutability provided by miners and the transparency of the blockchain, make it the perfect place to timestamp content and make it publically verifiable. You can read some more about it here: https://www.deepdotweb.com/2017/05/09/the-ipfs-and-the-blockchain/ Title: Re: Blockchain vs IPFS? how it differ from each other? Post by: Earl Edward on January 22, 2019, 08:15:45 AM They complement each other and work together. Quote IPFS and the Blockchain are a perfect match! You can address large amounts of data with IPFS, and place the immutable, permanent IPFS links into a blockchain transaction. This timestamps and secures your content, without having to put the data on the chain itself. Quote This creates a sort of beneficial relationship between the two technologies. Since blockchain technology is not fit to store large amounts of data, the IPFS can be used by blockchain applications that need a publicly accessible database. While the immutability provided by miners and the transparency of the blockchain, make it the perfect place to timestamp content and make it publically verifiable. You can read some more about it here: https://www.deepdotweb.com/2017/05/09/the-ipfs-and-the-blockchain/ This link got all the answer that I need! Thanks! Cheers! Title: Re: Blockchain vs IPFS? how it differ from each other? Post by: Earl Edward on January 22, 2019, 08:17:02 AM The obvious difference are : 1. On blockchain all nodes are required to store all data (we exclude pruning and sharding in this case) while on IPFS node can select data they wish to store 2. Blockchain have wider usage and have governance system while AFAIK IPFS focused on distributing data and don't have governance system Thank you for the Simplified Highlight! It really helped me! Cheers! |