Space and Cost-Efficient Reed-Solomon Code based Distributed Storage Mechanism for IPFS*

The peer-to-peer (P2P) based distributed file system known as IPFS (InterPlanetary File System) has recently garnered significant attention as a decentralized storage solution in the Web3 landscape. However, IPFS operates on a voluntary participation basis, which can limit data availability. To enhance automated data availability on IPFS, an extended solution known as IPFS Cluster is being developed. This solution leverages a data replication approach. This paper proposes a Reed-Solomon based distributed content storage mechanism for IPFS, enhancing data availability and significantly improving storage efficiency compared to traditional replication methods. This technology is anticipated to serve as a fundamental building block for efficiently storing, managing, and utilizing large-scale, high-capacity digital content in various Web3 environments.