Editor's Note: This article comes fromHot Wheels Community (ID: FHBT18), Author: Pepe, reproduced by Odaily with authorization.
Editor's Note: This article comes from
Hot Wheels Community (ID: FHBT18)
Hot Wheels Community (ID: FHBT18)
, Author: Pepe, reproduced by Odaily with authorization.
There are countless projects I have written about. The biggest feeling I have about filecoin is that it has the most comprehensive and detailed information in Chinese. I didn’t even see many detailed mechanism introductions for pomelo three years ago. So today's issue can only be regarded as a superficial understanding of bystanders. If you want to go deeper, you can search more content on Zhihu.
Hello everyone, I’m Pepe. Filecoin, the Millennium Ace Pigeon, is finally going to go online at block height 148888, which is expected to be at 11 o’clock tonight, but if the miners advance fast, it may be earlier (current height is 145900 ).
The current filecoin is actually quite interesting. Which circle do you think it belongs to?
Let’s talk about the currency circle. I asked around today. It seems that those who don’t hold it account for the majority. The rest is to bet that it will come back like dot’s opening. Those with strong risk tolerance should buy futures white bars before going online, and those who are weak If you can, just wait for the opportunity to find online, but it seems that not many people have "belief" in it. . Of course, this is also normal, after all, I have pigeond so many times.
Let’s talk about the mining circle. It seems that the Ipfs mining machine scam has been heard the most in the past two years. Now, as long as you mention the company’s name when talking about ipfs and filecoin on the Internet, you will be scolded by netizens as profiteers who only want to sell mining machines.
Let’s talk about coils. Looking at the first picture today, it still has a bit of an inside taste, but anyway, it is a distributed network that has been developed by a foreigner team for many years and is intended to store the most important information of human society. .
One of my personal feelings is that it was originally a king-level project in the currency circle. It seems that there were a lot of financing before, and there were also a lot of star investment institutions behind it. But because of this mining model, another group of people saw it. It's profitable, so it feels like it's a bit eccentric.
Of course, for filecoin whose mainnet is about to go live, some "out of the circle" may not be a bad thing. Next, let's talk about the hype points that everyone pays attention to in the short term:
1. Community popularity
The currency circle pays more attention to the price of fil, and the short-term price of a currency often does not have much logic, and what affects it more will be the popularity of the community. I also worry about it.
At present, one of the speculative points of fil is that it has some short-term enthusiasm. Although our current encryption market is somewhat uncertain, the speculative boom brought about by defi has dissipated a lot, but it is also said above. A little "out of the circle", there may be some attention and potential receivers that we are not aware of.
2. Expectations of the above exchange
Generally, those who can go to major exchanges, especially those who trade directly on mainstream exchanges immediately after the mainnet is launched, will still have some hype time windows.
At present, both Huobi and OK have indicated that they will support deposit transactions as soon as possible.
Another point to note is that the current transactions before the mainnet launch are all futures IOUs of various exchanges, not the kind of futures contracts that go long and short, but take the token shares issued by the public offering before and put them in various small and medium exchanges Transfer, because of the different chip shares, you can see that there is a price difference:
Moreover, the part of the public offering is unlocked linearly after it goes online. Here, like FIL6, real coins are issued in 6 months after it goes online. Therefore, the price of futures on the line may fluctuate greatly, and there are certain risks. In addition, we can see that these futures products are actually large. Some of them are in non-mainstream small firms, and more speculators may still choose to wait for the firm to make a decision.
3. The initial chips are limited
More than half of filecoin chips are generated by storage mining.
The part that can be sold to the market after going online: linear unlocking of early investors + official + miner testnet reward unlocking + miner block reward linear unlocking.
It should be clearer to turn a community circulation map here:
Among the miners, one is that the test network has carried out two activities called "Space Race" to encourage early miners to participate in the test. The block rewards of this event and the additional rewards for the top few are also unlocked in six months after the main network is launched. , is expected to be 20,000 a day (there seems to be news today that the official seems to intend to increase the initial unlocking reward ratio for miners, and finally please refer to the official website information).
The miner's block reward is unlocked linearly according to the original expected distribution amount, and the number is 960*days.
Not to mention unlocking for 30 days here, 5.4 million yuan is already a lot at the price of $30 a piece after unlocking on the tenth day, so why do you say that it has limited chips?
It’s because his family has a token mechanism. Miners need to mortgage tokens before mining. This function is mainly to prevent miners from doing evil. For example, users need to store with you for 30 days, but it’s okay if you quit for half a month. .
That is to say, for mining pools, more mining is required, and more mortgages are required. In fact, the above table is only a prediction based on the current computing power. If the computing power is greater, the mortgage amount will be more.
In the past few days, basically only the early investors and officials had some floating chips, so what should they do if they want to occupy some computing power advantages in the early stage, it is worth thinking about for speculators.
Of course, it seems that there is only a very short time window. Unless early investors and officials don’t move their coins or open loans to miners who need them, otherwise their amount cannot support the price of tens of knives.
Well, the above are the three market concerns I have seen about the launch of fil. According to the tradition, I still want to talk about the problems of this project:
1. Filecoin is actually a domestic project
Yes, it is almost unpopular overseas. If you are interested, search this week and this month on Youtube to see how many gringos are mentioning it. Note that you must search for videos here. Those who speak English in Telegram are very popular. Few of them may be real foreigners.
Not only on social media, but also by looking at their test network. Look at the names of the nodes here:
493 active miners, 306 of which are in Asia:
In addition, in order to collect more competition rewards, there are also many transnational mining:
According to this year's market trend, both Dark Horse and Dogecoin are mostly concentrated on the hot targets in overseas communities, especially the Ethereum community, so it may not be possible to expect too much about its medium and long-term price.
2. In one place where its mining mechanism is different from others: the rewards are distributed according to the effective computing power.
What is effective computing power? The filecoin model is that miners are responsible for decentralized storage of data to obtain fil incentives. Users who need to store data use fil to place orders to miners. Effective computing power refers to those parts that have been used by users and are not idle (It seems that the idle storage space can be set to a standby mode, and there seems to be a small amount of incentives. I'm not sure about this. The details of these mechanisms in his family are a bit too complicated).
The problem here is that there are too many wet storage lists, and the real data may not be properly stored in the future. In addition, such computing power creates false prosperity, which is not a good thing for the network.
epilogue
3. In terms of performance, I am afraid that it cannot support too much data storage
At present, the test network is a block of 45 seconds, and each block allows an average size of 5M, and some of them need to be used as the storage proof of the network itself. This does not mean that a normal website may store and read tens of thousands of times per second. After the withdrawal operation, there are still questions about whether these dapps and defi can support them in the circle.
