Filecoin Weekly-54: The Filecoin Test Reward Program was launched on 7.20, are you ready?

 

Co-edited by Steven Li and Iris

【Project Introduction】

Filecoin is a decentralized storage network that transforms cloud storage into an algorithm market .

Miners - obtain FIL by providing data storage and retrieval

Clients- allow miners to provide storage, distribution and retrieval data services by paying FIL

 

[Project progress: Testnet phase2 ]

test version:

• lotus v0.4.0 (The network has been reset)

Test objectives:

• Four implementations including lotus and go-filecoin complete interoperability

• Security audit of network and code

• Hardware configuration/proof structure/economic structure

• Filecoin test reward program (expected 3 weeks)

project progress:

• The test reward program is postponed until July 20th

• Juan led his team to start a new AMA event

 

[Hot Spots of Last Week]

• The biggest thing last week was the official start of preparations for testing on June 24. As of July 6, preparations were completed, and the plan was officially launched in the next two weeks.

  "Fliecoin Official Announcement: On July 6, the preparations for the testnet reward program are completed"

• On June 26, the official held an online AMA again, and this question and answer revealed a lot of important information.

  "Filecoin official AMA key review: 4 million FIL reward & new algorithm & Discover"

• On June 23, The Force District produced the first chapter of the industry report, which was well received. After that, The Force District will present more industry professional reports to you, and take you to an in-depth understanding of the entire industry dynamics.

  "Distributed Storage-The Blue Ocean War of the 100 Billion Storage Market"

• On June 24, Coinlist issued an announcement stating that the Filecoin mainnet will be launched in mid-August or at the end of this month, so that investors will be ready to receive FIL.

• On June 24, the official roadmap was updated, the current results were summarized, and the future stages were notified.

  "Filecoin official Q&A event this Friday, the Force Zone will interpret it for you! 》

 

[Progress of testnet last week]

1) After the test network was reset, it experienced fluctuations, and the current operation effect basically met the expectations of the Force Zone.

2) Test network operation status:

Screenshot of filscan.io (14:00)

• After the network reset, the system runs for more than 8 days, the number of active miners remains above 4000, and the system produces stable blocks

  • Last week, the block height was close to 29,000, and the effective computing power of the entire network was close to 9.18 PiB. A weekly increase of about 7PiB, an average daily increase of 1.0PiB, this is the fastest growing week since Filecoin network testing

  • Last week, the block reward was around 18.26FIL, and the reward declined exponentially according to the rules, in line with expectations

  • Block generation is relatively stable. The average block interval is about 25s, and there are few empty block rounds; the average number of blocks in each round remains at about 2.6, which has decreased compared with the initial reset.

  • The current average number of messages is about 31, indicating that many miners have participated in the test recently and the network is relatively active

  • The current message size is about 960 bytes, which is basically the same as last week, mainly to prove the message

3) Main issues:

• Predictable election issues-design issues (non-implementation issues): repair in progress, slightly more complicated

• Faucet stability issue-fixed

• beacon verification problem 

• Chain synchronization Race Condition-fixed

 

[Development progress last week]

• Code additions and bug fixes:

  • Improve the block election algorithm and increase the randomness of block rights-in progress

  • Improved spec-storage, providing sector removal support, allowing customers to delete their own data locally

  • Documentation update

  • Sector upgrade support-in progress

  • Parallel processing of block verification

  • WindowedPoSt Improvement: Proof should be stopped when an error occurs

  • Storage/retrieval market improvement: support multiaddr addresses, enable/disable retrieval transactions; increase the priority of deal-related sectors; provide more API support for retrieval

  • Mortgage mechanism implementation-in progress

  • Improve the calculation method of error sectors

• Design and certification update:

  • Proof of replication-implementation layer-related challenges

  • Parallel WindowedPoSt synthesize

  • Further realization of NSE algorithm