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IPFS (InterPlanetary File System) is a decentralized, peer-to-peer file storage and sharing system. Instead of using traditional URLs to locate files on a specific server, IPFS uses content-based addressing—each file is given a unique hash (CID) based on its content. When a file is added, it’s split into chunks, hashed, and stored across the network. Anyone with the CID can retrieve the file from any peer that has it, making the system faster, more resilient, and censorship-resistant.

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Answer selected by Aya044
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