What is the IPFS (InterPlanetary File System)?

[RichardKous]

What is the IPFS (InterPlanetary File System)? How it works and how to use IPFS?

[Tyler Joseph]

IPFS, or InterPlanetary File System, is a protocol and network designed to create a peer-to-peer method of storing and sharing hypermedia in a distributed file system. It aims to improve upon traditional centralized file systems by providing a decentralized and distributed approach to data storage and retrieval. IPFS was initially designed by Juan Benet and has gained attention for its potential to revolutionize the way we handle and share data on the internet.