Our road of life is getting narrower and narrower, often not because we are not smart enough, but because we no longer believe.
I don’t know when, we have to think about everything in society to be at ease. It seems that only in this way can I prove that all my predictions are correct, and I can find a reasonable excuse for my being always "received", "unsuccessful" and "living at the bottom", which also proves that I am witty and always have an insight into the world eye. The result is just like a poem by Gu Cheng: "You don't want to plant flowers. You said, I don't want to see it, and it fades a little. Yes, in order to avoid ending, you avoid all beginning."
After repeated delays, Filecoin finally launched its mainnet on October 15, 2020. As a star ace project in 2020, FIL coin is favored by investors and investment institutions, and its impact on the market deserves everyone's attention.
Looking back at the current market, with the launch of Filecoin's mainnet, new hot spots in the market seem to be "coming soon". Combined with the background of Bitcoin's short-term strength, the market may be brewing a new wave of rising prices. Therefore, regardless of the head Exchanges, as well as second- and third-tier exchanges, are actively deploying Filecoin's launch and operation activities. The media is focusing on reports. Various live broadcasts and in-depth articles are igniting market sentiment. These all directly reflect the market's recognition of the Filecoin project. As an ordinary investor, paying attention to key projects in the industry is not just looking at the price, but also understanding the value basis behind the price trend. In this article, Mr. Peng, the Star Alliance, sorts out a few key knowledge that you must know when investing in Filecoin Please take a closer look at investors.
Here, I would like to ask you what is IPFS?
In fact, when you mention Filecoin, you can't help but mention IPFS. What is the difference and connection between the two? Only by understanding this can we understand distributed storage.
I will repeat the popularization of IPFS here: the full name of IPFS is "InterPlanetary File System", and the Chinese name is "InterPlanetary File System". It is an open point-to-point distributed file system that can combine all files with the same file system. Connect computing devices together. In layman's terms, anyone can use this protocol for free and create different types of applications based on the protocol. Through this underlying protocol, files stored on the IPFS system can be quickly obtained anywhere in the world. It is a It aims to create a network transmission protocol for persistent and distributed storage and sharing of files, that is, decentralized distributed storage technology.
Then distributed storage technology is data storage. Let me make an analogy here. For example, Alibaba Cloud Storage, Tencent Cloud Storage or understood as a super large hard disk (centralized Internet), using the distributed method of blockchain.
The original intention of the IPFS protocol research and development is to supplement the HTTP protocol and solve its centralization problems (centralized Internet pain points: 1, slow upload and download speed, high cost 3. Security cannot be guaranteed, and information is easy to leak 4. Data Easy to lose). Therefore, the IPFS protocol itself is a decentralized network infrastructure. Its principle is to use content-based addresses to replace domain-based addresses. Simply put, users are looking for content stored in a certain place, not an address. , You only need to confirm the verification content, so that you can get faster, safe, robust, and durable web pages.
And what we call IPFS refers to the official of this project, also refers to the IPFS project, and also refers to this technology.
Let me ask again, what is Filecoin?
Let me briefly popularize the knowledge points for everyone: In fact, Filecoin is the incentive layer of IPFS. It builds a decentralized storage network through the Token incentive model of the blockchain. Filecoin conducted an ICO. The token name is FIL and the total issuance is 2,000,000,000 FIL. Under Filecoin's incentive model, a storage market and a retrieval market are constructed. Miners provide storage and retrieval services to obtain FIL tokens paid by users.
The reward for miners is 70%: a 6-year cycle, linearly halved
15% delivery agreement laboratory: 6-year linear release
10% given to investors: linear release from 6 months to 3 years
5% to the foundation: linear release for 6 years
So what is the relationship between Filecoin and IPFS?
As far as the project is concerned, the relationship between Filecoin and IPFS is two independent and closely related projects initiated by the Protocol Lab. Filecoin combines the characteristics of IPFS and blockchain technology and is an application based on IPFS; in essence One is the incentive system and the other is the underlying protocol. Filecoin is the incentive layer of the IPFS network. The incentive mechanism is to use FIL tokens.
IPFS allows participants in the network to store each other, request and transmit verifiable data. IPFS is open source, can be downloaded and used for free, and has been used by a large number of teams. Using IPFS, each node can store data that they consider important. There is no easy way to incentivize others to join the network or store specific data. In order to solve this critical problem, Filecoin is designed to provide a durable data storage system. In Filecoin Under the incentive structure, customers pay to store data at a specific level of redundancy and availability. Miners obtain payments and rewards by continuously storing data and encrypting proof of data storage. In short: IPFS addresses and uses content It moves; Filecoin is the missing incentive mechanism.
Filecoin also uses many features of IPFS. For example: Filecoin uses IPLD for blockchain data structure, Filecoin nodes use libp2p to ensure secure connections, and message passing between nodes and Filecoin block propagation use libp2p to publish and subscribe. In addition, the Filecoin core team Including members of the IPFS core team. The compatibility between IPFS and Filecoin will be as seamless as possible.
Interstellar Alliance teacher Peng said so much here, I believe everyone is right about IPFS? What is Filecoin? What is the relationship between Filecoin and IPFS? All have a certain degree of knowledge and understanding. So as the hottest star project in 2020, what is your opinion? Why not discuss it with Teacher Peng of Star Alliance! Please continue to pay attention to the article and see you in the next issue!
Investment is a long-term process, don't think about getting rich overnight.