It's more peer to peer file sharing and web content sharing than truly distributed sharig but with a globally available service, it's "distributed" ina way. It's not doing sharding or anything fancy like that (yet anyway). Right now, it's a dev-focused tool similar to the other projects out there like ngrok/tailscale funnels/cloudflare tunnels etc. There's a fair number of them now-a-days. :) But it doesn't need to stay that way and might change.

This one is built on top of OpenZiti (I am a dev on that project) which is a secure, zero trust overlay network. It's fully self-hostable and open source which some people find attractive. The hosted version our company is sponsoring for free (at least 'for now').

The key goal is to make it super easy and safe to share files/web content.