noun
Internet Slang
IPFS
eye-pee-eff-ESS · noun · informal
Decentralized file storage widely used for NFT assets.
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Definitions
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'InterPlanetary File System' — a peer-to-peer network for storing files, commonly used to host NFT images and metadata so they aren't reliant on one server.
“Its art is pinned on IPFS, so it won't just vanish.”
by community
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IPFS In A Sentence
Its art is pinned on IPFS, so it won't just vanish.
Origin & Usage
Protocol by Protocol Labs; acronym 'InterPlanetary File System'.
People Also Ask
What does IPFS stand for?
It stands for InterPlanetary File System, a peer-to-peer protocol for storing and sharing files across a distributed network.
Why do NFTs use IPFS?
NFTs use IPFS to host their images and metadata so the assets don't depend on a single company's server that could go offline.
What does it mean to 'pin' a file on IPFS?
Pinning tells a node to keep a file stored and available rather than letting it be garbage-collected, ensuring an NFT's art stays accessible.
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