At 8:00 on September 22, Beijing time, the Filecoin Space Race celebration ceremony officially started. This meeting was hosted by Aayush Rajasekaran. Juan Benit, Ian, Colin, Mosh and others attended the meeting and explained the Filecoin ecosystem and Filecoin SR1 rewards for us. Distribution, SR2's Orbital Burn and Slingshot's connection and differences, etc., the following are the highlights of the space race celebration ceremony:
Filecoin ecosystem
The mission of Filecoin is to create a decentralized, efficient and powerful foundation for human information. Filecoin can change the status quo of data storage and pricing controlled by a few cloud storage companies and shift to a completely open global market, allowing everyone to become a cloud Storage service providers eliminate industry barriers, so that data can be stored in every corner of the network, and the information is ready to be delivered.
Filecoin has a fast-growing ecosystem with thousands of talented people who work together for the same goal. At present, Filecoin has 1,500 open source contributors. This is a delightful one. Something!
Nowadays, many amazing applications can be better developed with the help of IPFS and Filecoin. Fleek is an application mainly used to develop hosting websites, store and deliver files, and serve DWeb; most of Fleek's products and services are built on the Fleek stack of IPFS, Textile and Filecoin, and the infrastructure is deployed through Fleek Edge. Combine IPFS's distributed peer-to-peer data sharing protocol with edge computing.
Textile has recently made progress in adopting Filecoin storage in Textile Hub. The hub has been connected to Powergate and the latest Filecoin network, which means that after the mainnet goes online, we can easily access Filecoin using a free Powergate instance.
There are more activities that we are not unfamiliar with. They have enriched the Filecoin ecosystem and explored more exciting applications, such as Filecoin Ignite, HackFS, APOLLO, Filecoin Launchpad, etc.; including protoschool has also helped and cultivated many advanced scholars.
SR1 rewards
After three weeks of fierce competition, SR1 came to a successful conclusion. Filecoin official Ian first congratulated the 358 winners from 34 countries and 6 continents. They brought more than 150,000 entries to the network in three weeks. Successful storage and retrieval of orders, of course, they also get corresponding gains because of their own efforts.
Both the miners and the official attach great importance to the stress test before the mainnet launch. During the 18 community activities and videos held during SR1, thousands of people actively participated in it. Regarding the suggestions from the community, the Lotus version has more than More than 100 improvements. It is with everyone's efforts that SR1 can have an effective computing power of up to 230PiB in just three weeks.
Total effective computing power reward: 2.8 million FIL
The rules for the distribution of SR1 computing power rewards are as follows:
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Top 100 globally or top 50 regionally;
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The storage and retrieval success rate is higher than 80%;
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Extra rewards for outstanding block producers;
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2.8 million Filecoins were awarded to 164 miners with a qualified transaction success rate according to the effective computing power.
Small miner reward: 105113FIL
During the SR1 competition, Filecoin officially added support for small miners. Small miners are rewarded to all miners who pass DSR. Miners only need to complete 1TiB of computing power, and they can get at least 500 FIL. If the computing power is greater than 10TiB, Get 1000 FIL.
A total of 105,113 FILs were issued as rewards for small miners. Inspired by the rewards of small miners, 111 new miners were added globally, of which 62 miners received additional rewards.
Multi-dimensional data reward: 500,000 FIL
Although storage capacity is the most important measurement factor, storage capacity is non-linear. The multi-dimensional data reward calculates the fixed costs related to miners. The reward is a total of 500,000 FIL.
Partial transaction success rate reward: 97071FIL
The Filecoin official team believes that it is very cruel to judge by DSR alone. When the miner’s transaction success rate is between 10%-79.99%, this part of the transaction success rate reward can also be obtained. The reward is 97971FIL in total, and 86 people were awarded miner.
In summary, the total SR1 prize pool is close to 3.6 million FIL.
Next, Ian also focused on praising outstanding miners, and once again thanked the miners for their long-term contributions to the Filecoin network. As an internationally renowned large miner , Ian is naturally on the list of praise .
At this point, all Filecoin SR1 rewards have been announced, and the CDSI Alliance Space Time Cloud & Smart has won a total of 202021.61FIL.
According to the total storage space data for participating in the first phase of the space race announced on August 12, the total storage space scale of the "CDSI Alliance" nodes is: 270720 TB (including: Space-Time Cloud Technology: 130560 TB, Smart Computer: 140160 TB) .
With 270720TB as the base of SR1 reward distribution, customers who purchase the cloud computing power of the Space-Time Cloud Spider Mining Machine/FILPool mining pool before July 26 are expected to get 0.746 FIL per TB on average, and it is expected to purchase 24 disks of 192T Spider Mine The customer of the complete machine will be rewarded with 143.23 FIL. (Without deduction of technical service fees)
According to the reward rules of the Space Race, the rewarded tokens will be released on the mainnet at a rate of 180 antennas. But based on Filecoin's economic model, there is a high probability that SR1 reward coins will be used for pre-staking after the Filecoin mainnet is launched (specifically, it depends on the situation of SR2).
All miners who are eligible for rewards, please register their email as soon as possible and pay attention to the recently received emails. The official will notify the miners to do the relevant KYC certification on the conlist by email.
SR2— Orbital Burn
The official mosh explained to us the three core reasons for starting SR2:
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During SR1, more than 400 miners from 6 continents brought a huge storage capacity of 230 PiB to the network, which is very precious. The official hopes that the proven sectors from the space race can also be used after the main network . This is not only It can strengthen the security of the main network, and it is also very good for miners;
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During SR1, the Filecoin network has been improved a lot, and SR2 will encourage miners to test and verify the Filecoin network, processes, and functions through reward incentives;
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Real storage and retrieval are not only in line with official expectations, but also can bring rich returns to miners. SR2—Orbital Burn is a realistic market simulation. During SR2, miners will be introduced to customers, and customers will be Receiving rewards by reaching storage agreements with miners on the open market ;
SR2— Orbital Burn is divided into four major stages:
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Software: Lotus 0.7.2 version is coming soon;
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Storage: Miners can preload some sectors into the main network;
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Transaction: Reward Dealbot transactions and store customer transactions;
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Miner management: new documents on wallet management, miner configuration will be launched, and faucets for new miners;
SR2-Slingshot
SR2 is divided into two tracks, SR2-Orbital Burn is a track for miners, and SR2-Slingshot is a community competition for storage customers and developers.
In SR2—Slingshot’s focus is to store as much real and useful data as possible in the Filecoin network storage. Customers and developers can seek to sign storage agreements with miners. After signing with miners, storage customers and developers will also be rewarded. .
At this stage, the bonus pool increases with the emergence of more real data, and the bonus pool is up to 500,000 FIL.
Congratulations to the Filecoin space race
Finally, Juan, the founder of the Filecoin project, made a summary. In the face of the booming and even exponentially growing Filecoin ecosystem, Juan is also particularly happy. IPFS&Filecoin solves the problem of data storage for applications, plug-ins, and DAPPs in the ecosystem. The problem is that the development of the ecology has also made IPFS&Filecoin more prosperous, and more and more famous giants have also become partners of IPFS&Filecoin.
Juan has repeatedly praised the miners for achieving a score of 230 PiB within 3 weeks, with an average storage success rate of 86% and an average retrieval success rate of 98%. This may take several months in the world of centralized storage. Miners all over the world let everyone meet again to witness the power of distributed storage.
Juan believes that miners in the SR2—Orbital Burn phase can maintain the storage operations in SR1, or continue to increase storage and optimize the plan. To a certain extent, SR2—Orbital Burn is a continuation of SR1, and it is also a continuation of SR1 and the mainnet. The bridge between the two ; SR2-Slingshot is prepared for application deployment and storage protocol flow, which are valuable data.
In the SR2 stage, miners can practice the entire storage transaction process, establish cooperative relationships with customers, and customers with verifiable data are of great significance to miners.
Welcome early investors who participated in the 2017 Filecoin public offering, and investors who want to learn more about IPFS and Filecoin, to contact the IPFS China Community Operations Officer ( WeChat ID: chuanzhang129 ).
Link to this article: http://yunos.io/newsDetail?id=17
Tags: Time Cloud , Filecoin