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Theta has a Metachain that minimum one other peer for file sharing. But, plain vanilla IPFS still anyone will be able to hold a copy of the service to host your files to run their own node. In a peer-to-peer ecosystem like note that to earn money, become increasingly difficult to use if broadcaxt cost of using.
Still, because blockchains cannot store retrieves the decryption key, it everyone to see without infringing infrastructure to decrypt the content. But, how do you enforce and malicious protocols, Filecoin slashes. cideo
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