GhostDrive is a newcomer to the decentralized Web3 storage market, yet it has made impressive inroads. It now attracts more than 740,000 users every month and is built as a Telegram Mini App on the TON (The Open Network) blockchain. GhostDrive’s approach of generating revenue from data storage through pay-per-view, streaming, or advertising networks sets it apart from conventional Web2 storage services such as Dropbox.

Integrating an advanced decentralized infrastructure, with low-Earth orbit satellite nodes among them, GhostDrive is a unique push toward ensuring data is safe, censorship-resistant, and controlled by the user. And with privacy and decentralization at the forefront, GhostDrive just might put a dent in the secure data management business model of the big tech companies.

The technical innovation of GhostDrive can be found in its DePin, or Decentralized Physical Infrastructure Network. This network employs TON’s Layer 2 hot storage technology and integrates it with the cold storage capabilities of Filecoin. By doing so, GhostDrive effectively reclaims two important problem areas typically found in decentralized storage solutions: high on-chain storage costs and slow access speeds.

Filecoin offers distributed and secure data storage, but retrieving data is not as easy as one might wish. GhostDrive improves things a great deal by allowing users to get their hands on stored data quickly and inexpensively. As a result, users of both Filecoin and GhostDrive could enjoy a more practical service that takes advantage of the security provided by a decentralized storage network.

GhostDrive differs from conventional Web2 solutions in what it has to offer. For instance, the security that comes with decentralization should not be underestimated. Decentralization allows for the distribution of data across multiple nodes, which minimizes the risk of targeted attacks or breaches. In contrast, a centralized platform such as Dropbox is more susceptible to such vulnerabilities.

GhostDrive enables users to maintain complete control over their data. Clients can encrypt their files, which ensures security before the files leave the device. This is a level of privacy Web2 cannot offer because the intermediary retains access to user data and is always in a position to comply with any number of third-party or government requests for information. Also, using the blockchain, GhostDrive provides something that traditional service providers cannot: transparency. Every interaction with the data is recorded on an immutable ledger.

What sets GhostDrive apart is that it uses the TON blockchain to tokenize data. This means that users can convert all kinds of files into digital assets that can be traded or sold. GhostDrive offers the same services as other cloud storage providers but with lucrative incentives for users.

Furthermore, GhostDrive aims to develop a robust community by means of a rewards program where users earn points and bonus storage by taking part in and inviting others to the platform. This setup is quite the opposite of the subscription model used by stalwarts like Dropbox, which does not offer much by way of user engagement incentives.

Offering a straightforward, decentralized alternative to traditional Web2 storage solutions, GhostDrive has some unique features that could allow it to set a new standard in Web3 storage. Its deep integration with two of the most prominent decentralized storage solutions—TON and Filecoin—allows GhostDrive to promise fast, reliable, and cheap data retrieval. 

Editor’s note: Written with the assistance of AI – Edited and fact-checked by Jason Newey.

The post Monetize Your Data with GhostDrive on TON Blockchain appeared first on NFT News Today.

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