DePINed podcast Decentralized Storage, Real Revenue & the Rise of Subnets | Juan Benet: Filecoin (#54)
May 22, 2025
Juan Benet, the inventor of IPFS and founder of Protocol Labs, delves into the evolution of Filecoin beyond just storage. He discusses the advent of subnets and a Filecoin-backed stablecoin that enhances decentralized finance. The conversation covers how emerging markets can drive growth in Decentralized Physical Infrastructure Networks and offers insights into navigating challenges in a bear market. Benet also shares tactical advice on adapting decentralized storage productization to meet diverse needs, from small developers to large projects.
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Filecoin's Layer 2 Evolution
- Filecoin is evolving from a single storage product into a suite of Layer 2 networks targeting different storage needs.
- This subnet architecture allows scaling and specialization while sharing core network resources.
Storage is Not One Size Fits All
- Different storage scales and access patterns demand distinct products tailored to specific customer needs.
- Filecoin aims to create multiple specialized storage products like traditional cloud providers rather than a one-size-fits-all solution.
Diverse Customer Examples
- Filecoin serves diverse customers like app developers needing gigabytes and scientific projects requiring petabytes.
- Different teams build unique products and sometimes tokenize them separately within the Filecoin ecosystem.