The Airbnb of Cloud storage has amassed one million TB of storage worldwide

Filecoin, a startup that claims to be the world’s largest decentralized storage network, has revealed that its community has reached one Exabyte (or Exbibyte) of storage capacity as it tries to position itself as an alternative to centralized, established cloud storage giants such as AWS, Google Cloud, Dropbox or Microsoft Azure.

Filecoin Exabyte of Storage

(Image credit: Filecoin)

One EB is equivalent to 50,000 of the world’s largest hard disk drives, currently 20TB models from WD and Seagate, and this excess capacity comes from hundreds of individuals and organizations that have underutilized storage assets.

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