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What Does IPFS Shared Bandwidth Mean (Shared Bandwidth Products Refer to Multiple What Sharing One Bandwidth)

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What does IPFS shared bandwidth mean? In simple terms, it is a network protocol

What Does IPFS Shared Bandwidth Mean (Shared Bandwidth Products Refer to Multiple What Sharing One Bandwidth)

What does IPFS shared bandwidth mean? In simple terms, it is a network protocol (referred to as “consensus” protocol) that solves the scalability issue of the internet. It uses the standard of bitcoin payment on the Ethereum blockchain, but the high costs are caused by the need for confirmation through different service providers for many transactions.

In order to allow more nodes to have higher network capacity, IPXS has developed a solution called Istructor: this solution allows all users to retrieve data from their devices and applications; and does not require any infrastructure as they can freely send this data to others. (Bitcoinist.com)

Shared bandwidth products refer to multiple what sharing one bandwidth

Shared bandwidth products refer to multiple entities sharing one bandwidth (such as IPFS and Filecoin). This technology can double the capacity of a blockchain network. Simply put, it centralizes different resources in a few services for collaboration, debugging, and more. Generally, there are two services that can share one bandwidth with other service providers, but there is no sharing of the same bandwidth among all services.

For example, if we have a product called “cloud computing,” we can disperse the bandwidth of these service providers to another platform, allowing users to run their own nodes. If this is the case, different operators’ devices are required to maintain the nodes. So, do we need a company to provide bandwidth? Actually, it is not necessary for one enterprise to provide bandwidth, but it can provide services to customers through shared bandwidth.

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