"Every time Kaizhi eats sugarcane, he always starts from the end to the root. People may blame him. He said: 'It's gradually getting better.'". Coincidentally, I believe that the ecological participants of Filecoin also feel the same at this moment, from the inside to the outside, the more they dig, the more fragrant they become.
Undoubtedly, Filecoin is a leading project in the field of distributed storage. Since the establishment of the Filecoin project by Protocol Labs in July 2017, it has been favored by capital and paid attention to by the media. It even raised $205 million during the pre-sale. Set the ICO financing record of the year! However, the time of its mainnet launch has been "dove" and "dove". After three years, it was not until October 2020 that the official announcement of the Filecoin mainnet launch.
Essence is within easy reach of the pen. Ingenuity is difficult. At the beginning of the Filecoin mainnet launch, due to the strict economic model (punishment mechanism, mortgage currency, etc.), coupled with the official corporatization and arbitrary operating philosophy, the community was once forced to stand on the opposite side, which gave birth to such things as Filecash, EPIK- Forked projects such as Mingshi Protocol have seriously damaged the interests of the entire ecology, and the price of Filecoin has also dropped from $220 at the beginning of its launch to a low of $20. Many investors also fell to the bottom together. For a while, many People are confused, is Filecoin a scam?
data storage
data storage
In the past five months, Filecoin's ecological miners (including storage miners and retrieval miners) have contributed more than 3EIB of distributed storage capacity to the entire Filecoin network, and are growing steadily at a rate of tens of PiB per day. It is reported that 1EB is equivalent to the storage capacity of 290,000,000 1080P movies; the data volume of 4,500 Wikipedias; the data volume generated by 685,000 years of continuous video calls; and 19 copies of the entire Internet archive. The capacity of 3EIB is enough to store 875 million 1080p movies, 12,250 Wikipedias, and 2,055,000 years of continuous video calls.
For the arrival of this milestone, Filecoin's official Twitter also issued congratulations: "The storage on the Filecoin network reached 3EIB. We have reached 2.5 EIB only 3 weeks ago. Congratulations to the Filecoin community for completing the amazing milestone!"
Proposal upgrade
Filecoin has had two major proposal upgrades, EIP1559 and FIP0010. As we all know, EIP1559 is an improvement proposal on Ethereum, the purpose of which is to reduce the cost of network Gas. However, when the Ethereum miners and the technical community were arguing with each other, Filecoin officially made a few modifications to incorporate EIP-1559 It has developed its core protocol and applied it to the Filecoin network after the main network went live, which has significantly improved its efficiency, user experience, key message throughput, and transaction reward network.
The FIP0010 proposal innovatively proposed the "off-chain verification" method, using off-chain WindowPoSt verification, that is, WindowPoSt can be uploaded to the chain without accepting verification, and later off-chain verifiers can call DisputeWindowedPoSt for verification, which significantly reduces the gas fee . It is worth mentioning that Filecoin officially adopts the "off-chain verification" method at the level of space-time proof this time. 69.49%), these two "big gas fee consumers", may be able to fundamentally break through Filecoin's high gas fee dilemma.
Ecological application
Since its launch in 2015, IPFS (Interplanetary File System) has been successfully applied in various fields such as browsers, data storage, file transfer, online video, social media, and decentralized applications with its innovative technical advantages. ecological cornerstone. As the incentive layer of IPFS, Filecoin has a close symbiotic relationship, and naturally it can easily build applications.
The Filecoin Frontier Accelerator launched by LongHash Ventures recently held a Filecoin ecological demonstration event, showing the Filecoin ecological applications of 13 startups from 11 countries around the world, including "finance" (Parcel, Secured Finance, Canza, WFIL, Endowl ), “Enterprise” (Myel, Valist, PowerLoom, Kotal), “Social” (Huddle, Voodfy, MintGate, Underscored Labs) and many other excellent projects.
Filecoin, which is getting better and better, is bound to inject more new vitality into the entire "distributed storage" sector. As for its future potential, every Filecoin ecological participant has a scale in his heart, but the "distributed storage" that was once separated Consensus" has long been reunited and has become a prairie fire. On March 17th, the SAFT part of the Filecoin token release will be released linearly on April 15th. Stimulated by this good news, as of press time, the price of Fil currency has exceeded $70!
