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 Whether you’re new to ThreeFold or have been around for a while, the decentralization and blockchain space can often be quite elusive and opaque with regards to what certain projects have to offer. Very clear, however, is the current market cap for aggregated decentralized compute and storage projects which exceeds 50 billion USD. Therefore, we decided to shed some light on the space and to show you how our solutions compare to those of other projects.

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 Welcome to the third stop on our journey that aims to better understand the space we operate in and how ThreeFold stands out. After exploring [Dfinity](https://threefold.io/blog/post/project_comparison_1_dfinity/) and [Akash](https://threefold.io/blog/post/project_comparison_2_akash/), I will now take a closer look at Filecoin to discover the similarities as well as differences of their project and ThreeFold. Let’s dive right in!

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 As we’ve recently been exploring decentralized [projects](https://threefold.io/blog/post/project_comparison_1_dfinity/) to see where ThreeFold is in the space and where we stand out, we thought it’s a good time to also look into how we compare to traditional, centralized cloud providers.

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 Tim Berners-Lee created the web server and browser in 1990. Back then, the web was of a free, rather decentralized nature in which no single entity was to control the access to it. With the client-server architecture of the web, however, centralization came about. [Nowadays](https://threefold.io/info/threefold#/threefold__why_intro?id=everyone-should-be-autonomous), the web as well as the Internet in general are highly centralized. There are only a few companies acting as gatekeepers to large parts of today’s Internet. The Internet as we know it is continuously [struggling with issues](https://theconversation.com/web-3-0-the-decentralised-web-promises-to-make-the-internet-free-again-113139) related to its centralized nature – from censorship and attacks on net neutrality to manipulation attempts from companies with [monopolistic power](https://www.newyorker.com/magazine/2017/08/28/who-owns-the-internet). These issues are systematic and major players like Amazon or Facebook are [benefitting](https://techmonitor.ai/boardroom/power-of-tech-companies) from the situation as it is. This business model is also highly reliant on centralized hyperscale [data centers](https://threefold.io/blog/post/data_leaks/) that also come with a whole set of issues, from their vulnerability and limited scalability to their extremely high energy consumption [and more](https://threefold.io/blog/post/threefold_cloud_vs_centralized_providers_like_aws_azure/).

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