Editor's Note: This article comes fromHoneycomb Finance News (ID: fengchao-caijing), Author: Kyle, reproduced by Odaily with authorization.
Editor's Note: This article comes from
Honeycomb Finance News (ID: fengchao-caijing)
Honeycomb Finance News (ID: fengchao-caijing)
, Author: Kyle, reproduced by Odaily with authorization.
During the test, Filecoin released a miner incentive plan. Miners participating in the test can compete with real data, packaged transaction volume, etc. to share a total of 4 million Filecoin tokens FIL. The official looks forward to fully testing the network in this way, and demining the official launch of the mainnet.
At the same time, FIL has attracted the attention of the secondary market. 38 exchanges including BiKi and LBank have launched FIL futures. In the past week, FIL, which has no currency and has a market, has risen by more than 24%. With the double stimulation of sharing rewards and the secondary market, more than 9,800 nodes participated in the second phase of the test network.
The outside world has different views on the prospects of Filecoin. Some people believe that with the growth and application of its decentralized storage network, FIL will become a valuable "hard currency" and will set off a new trend in mining; Jiang Zhuoer expressed his dislike for Filecoin, citing "poor performance" and even "not enough to store small movies".
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During the second test, miners compete for rewards
The much-watched decentralized storage project Filecoin has entered the countdown to the mainnet launch. Angie Maguire, a Filecoin business developer, revealed that Filecoin's main network will be launched this summer. The project's public roadmap shows that the Filecoin main network is expected to go online during the window period from July 20 to August 20.
On July 1, according to data from the Coincodecap website, among more than 200 well-known cryptocurrencies, Filecoin ranked first in code submission activity on GitHub in the past week, followed by Libra developed by Facebook, and Libra, which has been busy upgrading to 2.0 Ethereum.
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Filecoin ranks first in code submission activity in the past week
After several delays in the launch time of the mainnet, Filecoin finally made substantial progress. In the past two months, Filecoin has made frequent moves, attracting a lot of market attention.
On June 10, Filecoin released the testnet reward plan, inviting miners from all over the world to compete for a total of 4 million Filecoin token rewards. According to Filecoin, the testnet bounty program is a collaborative competition where miners will compete to provide as much storage capacity as possible to the network for rewards and to stress test the testnet.
The latest news shows that this miner competition will be officially launched on July 20, and will last for three weeks. The dimensions of the miner competition will be upgraded to three aspects: real data, packaging multiple transactions, and fast retrieval. After the competition, a total of 4 million Filecoin Token FIL rewards will be released linearly within 6 months after the launch of the mainnet.
Earlier on May 15, the second phase of the Filecoin testnet was launched. The main content of the test included two interoperable implementations, security proofs (WinningPoSt and WindowPoSt), distributed random beacon network Drand, encrypted economic structure, new Documentation URLs, security reviews, and more.
However, this test network "has a bad start". After it went online, some miners reported that some people used bugs to speed up mining, which led to unfair mining, and then the test network suspended block production, and the official website showed no data status. Until June 19th, the second phase of the Filecoin test network was reopened. The underlying code of the test network is the closest to the main network. The purpose of the test is to evaluate Filecoin and solve possible problems before launching the main network. It is reported that this time, more than 9,800 nodes in the entire network participated in the test.
Cloud node storage service provider Huake Flash Cloud has been following up and participating in Filecoin's network testing. Huake Flash Cloud said that the second phase of the test network is the long-awaited real test network. For this reason, the company increased the investment in mining equipment, participated in the test and optimized the performance of the mining machine.
Currently, the top three nodes in the Filecoin test network computing power ranking are Space-Time Cloud, Xianhe System, and 1475 Tianru, with computing power of 4.803PB, 4.58PB, and 952.969TB respectively. The computing power of the three nodes accounts for close to the entire network. 80%, the test network presents a situation of centralized computing power.
Since the miner competition period has not officially started, the temporary computing power ranking and overall situation are only of reference value. It is foreseeable that the computing power of the Filecoin test network will further increase as the miner competition period approaches. At that time, it will also be available for external evaluation.
Andy, the co-founder of 1475, believes that the mining industry around Filecoin is still in the development stage, and the division of labor will become more and more clear in the future, and there will be specialized mining machine manufacturers, operation and maintenance service providers, mining pools and cloud computing power service providers wait.
Exchanges rush to increase the risk of futures trading
Filecoin has entered the "pre-production period", and the secondary market has become restless. At least 38 exchanges, including BiKi, LBank, and Gate.io, have listed FIL. In addition, Coinbase and Gemini Exchange have also indicated that they will list FIL.
In fact, in Filecoin, all FIL are written into the genesis block, which needs to be released decentralized after the main network is opened. In other words, if the mainnet is not online, FIL does not exist. At present, the online behavior of the exchange is actually to take advantage of the heat first, and only FIL futures are listed, which cannot be deposited or withdrawn. Only after the output of FIL, there will be coins that can be redeemed.
According to Feixiaohao data, with the launch of the second phase of the Filecoin test network and the release of the miner competition, the price of FIL has soared. In the past week, FIL has risen rapidly from $10.39 to $12.93, an increase of 24%. On BiKi, the price of FIL has been rising steadily, breaking through $20 at one point.
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FIL breaks through $20 on BiKi
As the incentive layer of the interstellar file system IPFS, Filecoin has been highly anticipated by the currency circle since its launch. In September 2017, Filecoin was publicly offered at a price of $5, raising $257 million in just 30 minutes, becoming the blockchain project with the highest fundraising amount at that time, surpassing Tezos and EOS.
