BitcoinFiles Aims To Revolutionize File Storage On The Bitcoin Cash (BCH) Blockchain
Many interesting projects have sprouted up recently using Bitcoin Cash (BCH) as the underlying infrastructure. A new project called BitcoinFiles has been released to revolutionize the online file storage market. The service allows users to upload their files onto the BCH blockchain with marginal fees.
BitcoinFiles is very intuitive to use once you are familiar with a BCH wallet and know how to upload files to hosting sites. Users have to click the upload icon and can browse their operating system for files under 5kb. When you press the upload button and choose the file, the user has to accept a disclaimer that declares that Bitcoinfiles is not liable for illegal activities. After admitting the disclaimer, one can pay for the file upload ($0.25 + network fee) both by using the Money Button or using a QR code and the text from a traditional address.
Although this process can be quite cumbersome. To upload the files the users have to install SPL wallet and attach BCH to it. However, the company is simplifying the process. They are going to add a GUI and integrate it with a MoneyButton service.
Bitcoinfiles can have a major impact as it allows everyone to create an uncensorable file that’s forever tied to the BCH chain. The protocol does not need any registering or identification and files could be uploaded by anonymous whistleblowers, journalists, and anyone else who wants to save files in an immutable fashion. Still, many believe a concept like this could be uncertain if people were to upload illegal or taboo material and malicious content.