Filecoin is a very popular project recently, and it is famous for its research and development based on distributed storage as the core theory. Recently, Filecoin’s official actions have also been frequent, and the launch of the main network is imminent. Regarding the reliability and possible development space of Filecoin storage technology, various industry leaders also gave pertinent analysis.

Maggie, Vice President of Golden Computing Cloud Operations: Distributed storage effectively solves the pain points of centralized storage.

In the theme sharing of the golden micro-interview "Will the market's high expectations for Filecoin become a kind of harm" held on July 21, it pointed out that "centralized storage technology has been very perfect.

Why do people give up efficient and high-performance centralized storage and choose IPFS as a brand-new application scenario?

Maggie, Vice President of Golden Computing Cloud Operations, said that with the continuous development of the Internet, the amount of global data is increasing day by day, and people store more and more files, photos, and videos. The current centralized storage solutions are beginning to show limitations.

The main performance is that centralized storage is expensive and more vulnerable to attacks. Any failure of the server may lead to data loss. In addition, the bandwidth capacity of the server is limited, and collective access will cause network congestion.

Distributed storage effectively solves the pain point of centralized storage. In the process of use, there is no need to verify the identity of the sender, but only the hash of the content. This can make the web page faster, safer and more durable. However, it will take a long time to replace centralized storage, which requires the continuous development of IPFS, hoping that one day it can replace centralized storage.

Regarding the development of Filecoin, there are three major issues that the public is most concerned about:

Question 1, what is the investment space of Filecoin?

Li Xin, IPFS force area:

Regarding the valuation model of Filecoin, many people have been talking about it before, because it involves currency prices. So what is the appropriate currency price for Filecoin? Someone has done an analysis on mining before. If we say that the more miners there are in the entire market, the less mines each person can dig with the same computing power. In this case, will it be a disadvantage?

Actually this question is not like that.

The Filecoin network is first of all a blockchain project, and another one, it practices a market, a storage retrieval service, and it has real landing scenarios. Therefore, it can be judged in two parts. First of all, it is a blockchain, what is the demand of the chain itself; in addition, it is a storage network, for the valuation of a network, there is actually a Metcalfe's law, the overall value and its number of users proportional to the square of the size. So we usually think that if the network scale increases, its value will double and increase.

For example: if you have 100P, then you may get 200P when it is finally converted into legal currency.

IPFS had about one million nodes last year. According to the valuation model coefficient of 1.5, we considered the comprehensive value of IPFS and Filecoin together, multiplied the square of 1 million by 1.5, and combined Metcalfe’s law to make a revised comment. Finally, it is Around $15 billion. (However, all valuation models are a reference, we cannot take it as a standard, it is completely serious, and can be used as a discussion.)

Question 2, is Filecoin worth mining? Will it surpass Ethereum?

Panda miner Yang Xiao:

In the mining circle, to evaluate whether a project is worth digging for us, we generally focus on a value called the daily output value. The overall circulation of Filecoin is constant at 2 billion pieces, 70% of which are mined by miners, that is, 1.4 billion pieces. According to the initial launch expectations, the daily output should be close to about 400,000 pieces a day, then multiplied by the current futures market price, calculated in RMB, 4 billion multiplied by 100, the daily output value can exceed 40 million per day.

What is the corresponding point behind the 40 million?

The current daily output of Ethereum graphics card mining is around 20 million to 30 million. If calculated with a certain amount of floating space, the daily output value of the entire Filecoin mining situation is basically comparable to that of the graphics card mining Ethereum project, and even exceeds the possibility of the value of the graphics card mining Ethereum.

From the perspective of the logic of the currency circle, the entire market value of the project is slowly accumulated by the machines behind it, forming a technical support. Therefore, the overall market value of Filecoin should be very optimistic.

Question 3, the development space of IPFS and Filecoin

Tiger Talisman Wang Chunhua:

A distributed storage such as IPFS actually caters to a technological development direction in our current country and the global economic system.

Every blockchain practitioner, including all Internet practitioners, has a very clear understanding that the future storage market must expand in a flat manner, and this market is huge.

We have 40 trillion new infrastructure in China, and from a global perspective, it will only be bigger.

IPFS is a concept of storage. As long as such an ecological project can occupy a place in the relatively short development period in the future, even if it is 1%, with a volume of 100 billion yuan, the future is promising.

In the entire encryption industry, the leader is BTC, and for POC, the leader is Filecoin

With an open view, smart contracts, POC, and DEFI are all sub-industries in the encryption industry. If you want to invest, you need to invest in leaders in various sub-industries, because from historical experience, the long-term performance of leaders is twice as good as the average. The leader of the entire encryption industry is BTC, the leader of smart contracts is ETH, and the leader of POC is Filecoin.

In the past, those who were regarded as poor only knew how to play with coins and had no future. Now they have 13,000 ethers, and the current price is 1,650 yuan each, worth tens of millions.

If you missed the first wave of Bitcoin and the second wave of Ethereum, it doesn’t matter, the blockchain still has another chance, and that is to have the IPFS token Filecoin, the world’s most powerful and disruptive blockchain project across the ages will be launched soon, Monthly excavation, when you dig up to 10,000, let it go for three to five years, so will your worth.

IPFS current situation and expectations:

More than 50 futures exchanges of Filecoin are online; the daily turnover is 10 million US dollars, to tens of millions of US dollars, and even up to 100 million US dollars; the comprehensive valuation is 15 billion US dollars;

After the mainnet goes online, the daily output value of miners is 40 million;

Time is equal to money, early entry and early sharing

Filecoin's block rewards are set on the basis of the half-life of elements, and the amount of coins released in each round of blocks is decreasing compared to the previous round, until the halving is completed after 6 years. Therefore, at the beginning, the FIL coins released per unit time are the most; at the end, the FIL coins released per unit time are less. So time is money!

Lingdong: a pioneer in the field of IPFS

Trends, space, and storage artifacts are the facts that we pay the most attention to.

Now, the global IPFS top mining battle is about to start, and there is not much time left for us!

Maybe, you ask me what preparations Lingdong has made. If you have participated in the joint live broadcast of Lingdong at the beginning of the year, then you should know that Lingdong stocks AMD chips. You must know that AMD chips only account for 3% of the global market and IPFS official SDR algorithm It proves that it is more suitable for AMD chips, and the hardware is ready for a rainy day and the spot is sufficient to wait for the launch.

If you have to say a result, then go to the real-time node ranking on the Filecoin test network computing power list, and see what the name of the first node displays, this is the best proof of strength.

On August 4 next month, which is the second day after IPFS announced the opening day of 4 million filecoins, under the sponsorship of China Promotion Association, Smart and Deep Chain will jointly hold the IPFS industry conference. This conference will be better than all previous IPFS conferences, because This is the second day of the 4 million campaign opening day, the hottest moment.

I hope that those who can participate in the sharing of 4 million filecoins with Lingdong will participate in the conference together, share the joy of victory together, and also look at the views of the industry on IPFS. As a leader in the industry, Lingdong is obliged to make more contributions to the industry And share, the previous blockchain conferences were held in first-tier cities such as the southeast coast, this time it is Xi'an's turn! This time it was Ling Dong who took the lead, and the name of Northwest Mine King cannot be called in vain.