What is IPFS?

One of the most important and powerful technologies to emerge from this space is the Interplanetary File System (IPFS). IPFS is a protocol for sharing peer-to-peer networks like nodes, sharing data in a distributed file system and storing hypermedia files in fact IPFS can replace traditional protocol servers like http and https. IPFS is the Decentralized storage of Web3.0 because there is no single point of failure and every file is crypto graphically verified. The protocol was created by Juan Benet at Protocol Labs around 2013. Here is a quick overview of the company and the technologies.