IPFS Distributed File System

Architecture

The InterPlanetary File System functions as a peer-to-peer hypermedia protocol designed to replace the centralized HTTP model with a content-addressed approach. By utilizing cryptographic hashes instead of location-based URLs, the system ensures data integrity and persistence across a decentralized network of nodes. Traders and analysts utilize this framework to store large datasets, such as historical order books or off-chain derivative metadata, ensuring that information remains immutable and accessible without reliance on single points of failure.