The launch of the Codex public testnet in October signifies a major step forward in establishing censorship-resistant data storage, fostering a robust digital economy.
Decentralized storage like Codex offers an essential alternative to centralized providers, ensuring data persists reliably and resists manipulation, outages, and hacks.
Massive data volumes generated daily are vulnerable to failures of centralized storage providers, as illustrated by the significant global outage caused by Fastly in 2021.
The centralized nature of storage presents risks; when one platform fails, consequences ripple through countless users and services, as evidenced during the 2021 Fastly incident.
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