• scholareum posted an update in the group Blockchain Hub

    6 months, 3 weeks ago

    The primary purpose of $FIL is to:

    a) Enable high-speed payments.
    b) Act as a meme cryptocurrency.
    c) Decentralize data storage.
    d) Facilitate inter-blockchain communication.

    Correct Answer: c) Decentralize data storage.

    Explanation: Filecoin ($FIL) is designed to create a decentralized storage network where users can rent or provide storage space securely and efficiently.