What is IPFS coin?", "IPFS next thousand times coin", "How do IPFS miners mine", etc., a series of questions on the network are endless.
The term "IPFS coin" has also become a hot topic.
Today we are talking about IPFS, ipfs is a protocol, not a coin that some novice investors can mine.
IPFS cannot be mined. What people often say about IPFS mining actually refers to its incentive layer Filecoin.
Filecoin is an incentive layer running on the IPFS network, which encourages users to contribute bandwidth and hard drives, and rewards contributors with FIL tokens.
So, what exactly is IPFS?
IPFS, also known as "Interplanetary File System", is a point-to-point distributed file system.
Through the underlying protocol, files stored on the IPFS system can be quickly obtained anywhere in the world without being affected by firewalls.
It allows us to access data faster, more secure, and more free.
Its appearance is to supplement or even replace the HTTP transport protocol that has been used in the past 30 years.
Fundamentally solve several issues that the public cares about: data security, data confirmation, and data speed.
Since IPFS is so important to the future network, why is it developing so slowly now?
The main reason is: IPFS has no incentive mechanism.
IPFS is just a technology that can be used for transmission and storage,
In order to prevent IPFS from repeating the same mistakes, Protocol Lab launched the Filecoin project in 2017 at the same time that IPFS went online.
We have briefly understood what IPFS is, but what is Filecoin?
Filecoin is an incentive layer on top of IPFS, which stimulates the long-term operation of IPFS nodes through three types of income: storage, retrieval, and mining, and better serves the entire network ecology.
1. It is a decentralized storage network that can transform cloud storage into an algorithmic market.
2. It is a blockchain, but it is very different from traditional Bitcoin.
3. It is a reward mechanism, in the form of FIL coins, to encourage miners to actively provide users with storage and retrieval services.
4. It is also a protocol. Through three proof mechanisms-copy proof, space-time proof and zero-knowledge proof, miners provide effective storage space to create blocks and obtain corresponding FIL coins.
Using a new mechanism-EC (including copy proof, space-time proof and zero-knowledge proof), its security has been greatly improved.
The specific mining process is: enter the Filecoin market to mortgage FIL coins. When a user uploads file A, the miner will grab the order.
The miners who grab the order provide storage space (at this time file A is divided into n copies),
At this time, copy the proof: the system proves that the miner did save n copies of file A and the time-space proof: the system proves that the miner provides sufficient storage time, and finally the miner obtains the corresponding FIL coin according to the proportion (the proportion of A).
This means that "mining" is no longer a person's "bookkeeping", it can be multiple people at the same time,
It's just that the proportion of "bookkeeping" is different.
If you have enough hardware facilities, such as bandwidth resources and large hard drives, the more files you store, the more FIL coins you will earn.
Interstellar Data will help you build the most popular ipfs independent node at the moment, allowing you to have your own independent node, 336T, including hardware and software, not pulling people, not raising funds, not renting computing power, one-stop service, the key is The machine is owned by you, freehold property rights, no risk of investment, technology empowerment, no bragging, no pitfalls! Those who can form a group or have strong financial resources can consider! Ants can fight elephants, and it is blockchain thinking. Coordinates: Interview with Sunshine Technology and Innovation in Nanshan District, Shenzhen.