Xenea Unveils Layer 1 Blockchain For Secure, Decentralized Data Storage

This story was originally published on HackerNoon at: https://hackernoon.com/xenea-unveils-layer-1-blockchain-for-secure-decentralized-data-storage.

Existing decentralized storage options such as IPFS and Arweave provide value but are limited by their focus on static data.

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Xenea is a revolutionary Layer 1 blockchain platform integrating cutting-edge decentralized data storage. Xenea’s native token, XENE, is the backbone of the network, supporting governance, block rewards, and decentralized storage operations through DACS. With a capped supply of 1,832,810,964 tokens, the deflationary mechanism could increase its value over time as gas fees are burned.