Decentralization as a Solution to Centralized Data Risks
CYCON addresses the critical issue of centralized data control by introducing a fully decentralized storage protocol. The growing reliance on a few large entities for data storage inherently poses risks, as these entities hold vast amounts of sensitive information, leading to security vulnerabilities and monopolistic pricing structures. CYCON’s decentralized architecture aims to redistribute this power by leveraging unused computing resources from individual users worldwide. This decentralized approach mitigates risks associated with single points of failure while fostering an environment of sustainable data storage across a distributed network. For more information, visit our website at https://psjglobal.io.
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