The progress of IPFS landing application is completely better than Defi. Most of the Defi projects are castles in the sky. After a wave of development, there will be no more. The application of IPFS has made considerable progress. Users can also access IPFS using existing browsers, and then use IPFS as the underlying facility to build websites.
At the same time, Filecoin is an incentive system based on IPFS. Although distributed storage is still in its early stages, the prospects are very bright. With the popularity of IPFS, the nodes of the Filecoin network will also grow exponentially, and the final value cannot be underestimated. What's more, IPFS has been in continuous operation for several years, and its landing scenes include online video platforms, Internet information security, and data storage. Among them, landing applications such as OpenBazaar and Brave browser have achieved great success.
Finally, Filecoin has performed very well recently and is quietly laying out the entire trading market. Especially just recently, mainstream exchanges including OKEx and Gate have launched the perpetual contract futures of the Filecoin pass, which will also promote the continued enthusiasm of the Filecoin project in the market. In addition, about 50 exchanges have launched Filecoin token trading pairs on the market, which can be seen in the popularity.
You should know that this is still under the premise that Filecoin is not online. If the mainnet goes online, I believe that more mainstream exchanges will launch Filecoin transactions in the future, which will have a significant role in promoting its ecological development and the growth of community users.
Whether it is IPFS/Filecoin or DeFi products, if you want to stand out in the fierce digital currency market, you must have real follow-up development. However, DeFi products seem to be hot, but in fact they have strong limitations and bottlenecks, and it is difficult to achieve large-scale applications. For example, DeFi products have a high degree of openness and no restriction on the threshold. However, the overall product still has many defects and is not mature enough, which ultimately leads to a poor user experience. Moreover, DeFi products have low liquidity. For example, at the time of 312, Ethereum plummeted. It was precisely because of the lack of liquidity that the Maker system was insolvent and a large number of assets were liquidated.
The application scenarios of the DeFi ecosystem are very limited. The limitations of the underlying technology of Ethereum cause its transfer rate to be very inefficient, and it is very prone to congestion, making it difficult to achieve large-scale applications. Moreover, the smart contracts of many DeFi products are not perfect, and they are vulnerable to hacker attacks, resulting in great losses. Therefore, as the development direction of blockchain finance, DeFi can only meet the needs of niche users and has not yet achieved large-scale application landing and development.
Compared with the DeFi ecology, IPFS/Filecoin can be regarded as a project that truly landed in the digital currency market. IPFS/Filecoin focuses on distributed storage, steadily focuses on technology development, and is committed to promoting the development and landing of the Internet Ecology 3.0, which truly serves Users have empowered the real industry with blockchain technology, and have now achieved millions of daily active applications. IPFS/Filecoin is based on the hundreds of billions of Internet storage markets, and its future development pattern will far exceed DeFi.
It can even be said that IPFS/Filecoin is far superior to the DeFi ecosystem, whether it is at this stage or in the future. The blockchain has developed in ten years. If Bitcoin is blockchain 1.0 and Ethereum is blockchain 2.0, then distributed storage can become the era of blockchain 3.0, and IPFS/Filecoin will become the leader in this era.
Only by solving the problem of massive data storage can the blockchain be able to achieve large-scale landing applications. This is understandable. IPFS/Filecoin has made great contributions in this field and can ultimately make the network safer, more efficient and faster. , Leading us into the real Web3.0 era.
Although the current IPFS/Filecoin system is not perfect, the Filecoin mainnet has not yet been launched, and the entire system cannot fully demonstrate the best state, but the IPFS system alone has obtained many application scenarios in many years of practice, and has been well-known by many DAPP is widely used, and there are hundreds of DAPPs with millions of daily activities. If Filecoin is added, the IPFS ecosystem will be even more powerful and more powerful.
The Filecoin mainnet is about to go live, and many players in the currency circle who can detect the opportunities have begun to lay out the "top mines". As the most promising project in the next five years, IPFS is worthy of investors to try in terms of technical value and financial value.