With the approach of Filecoin mainnet, Filecoin has received more and more attention.
The editor today uses the simplest vernacular to explain clearly what Filecoin is.
What is Filecoin?
Filecoin is often associated with IPFS. Many people equate the two. In fact, there is a strict difference between the two.
From the previous article "The Most Easy-to-understand IPES Beginner's Guide" article, we already know that IPFS is an underlying Internet protocol similar to HTTP. Compared with HTTP, IPFS has more efficient data transmission capabilities and a more secure data transmission environment. , The cost is lower.
Filecoin is the incentive layer on the IPFS distributed storage network. Through the issuance of token FIL, it attracts people to contribute storage resources, retrieval services, and bandwidth resources to the IPFS network to build a strong and new Internet.
Simply put, IPFS is not a blockchain project, it is an interplanetary file system, a protocol network, which mainly solves the problem of data distribution and positioning.
Filecoin is just a blockchain project, an incentive protocol running on IPFS, which aims to reward nodes who contribute to the storage network for absenteeism and encourage more people to participate in and contribute their storage resources.
Currently there are hundreds of applications on IPFS and millions of nodes worldwide. IPFS technology has landed, and the Filecoin mainnet has not yet been launched and has not yet been tested by the market.
With the launch of the second phase of the Filecoin testnet, the popularity continues to heat up, and the big players in the currency and chain circles have entered the game. Many people in the industry also predict that Filecoin will become the first project to surpass Bitcoin. Although the project is very popular, in the face of the current mixed Filecoin mining machine market and FIL futures market, I hope investors can be more cautious in the process of participation and improve their ability to distinguish.
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