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-The InterPlanetary File System is a peer-to-peer distributed and versioned file system. It is capable of sharing the same set of files with millions of nodes. It provides a content-addressed Merkle DAG data model that applications to build data structures directly, and it can be mounted to explore as any other filesystem. IPFS combines a distributed hashtable, cryptographic techniques, merkle trees, content-addressable storage, bittorrent, tag-based filesystems, and SFS to build a single massive file system shared between peers. IPFS has no single point of failure, and nodes do not need to trust each other.
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+The InterPlanetary File System (IPFS) is a peer-to-peer distributed file system that seeks to connect all computing devices with the same system of files. In some ways, the end product is similar to the Web, but IPFS could be seen as a single BitTorrent swarm, exchanging objects within one Git repository. In other words, IPFS provides a high throughput content-addressed block storage model, with content-addressed hyper links. This forms a generalized Merkle DAG, a data structure upon which one can build versioned file systems, blockchains, and even a Permanent Web. IPFS combines a distributed hashtable, an incentivized block exchange, and a self-certifying namespace. IPFS has no single point of failure, and nodes do not need to trust each other.
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Juan Batiz-Benet