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What is Neo File Storage (NeoFS)?

Crypto Terms Glossary: What is Neo File Storage (NeoFS)?

NeoFS, or Neo File Storage, is a distributed, decentralized object storage network designed to allow decentralized applications (dApps) to store files in a similar fashion to file storage protocols like Storj and Filecoin. The NeoFS platform allows users to rent out storage in exchange for Neo GAS coins or use GAS to store files on the network.

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