We humans produce nearly 2.5 quintillion bytes of data every day. But do we care enough about the security and privacy of that data?

With Stephen Stonberg for this episode of The Bit is Nagu Thogiti, CTO of Folder Protocol. The company’s focus is decentralized storage: in an alternative to centralized, cloud-based storage, nodes distributed across the world provide space for moving large amounts of data, all with the performance, scalability, and security of a cryptographic solution using second-layer protocol. The popularity of decentralized storage has soared in the last 6-12 months, as many believe that cloud storage providers have become too emboldened to censor their customers. As Thogiti says, Folder Protocol takes “trust and authority and data ownership from these big companies and [gives] it back to you.” Stonberg and Thogiti discuss Folder Protocol’s vision as a provider for data-intensive blockchain startups, what it will take to care more about our own data security and privacy, and how soon non-technical users will plug into decentralized storage.