Want to create an interactive transcript for this episode?
Podcast: Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies
Episode: Andreas Tsamados & Vijay Krishnavanshi: Fileverse: A Trustless Stack to Decentralize Knowledge and Collaboration
Description: Web2 file storage relies heavily on centralised entities, which have mostly outgrown their competitors, establishing a quasi-monopoly. The reasons for this are twofold: enormous operating costs and seamless user experience (e.g. social logins and account recovery), which, until recently, could only be solved through centralisation. Add to this the reluctance to change platforms as users need to re-upload their files, and you get an ossified user base. However, data leaks and hacks are a constant threat to users’ privacy, and indicate the disruptive potential of decentralised file storage and sharing.We were joined by Andreas Tsamados & Vi...