What exactly is IPFS? How is filecoin mined? The interpretation of various articles floods the Internet, but so far there is still no easy-to-understand way to interpret those obscure proper nouns. Many people are still confused about the Filecoin mining model. This article will use the Didi Taxi model as an example. Detailed analysis.
What is the comparison between mining and taxi
The mining mode of Filecoin is actually very similar to that of Didi Dache. For example, after we place an order with Didi Dache, many drivers will grab the order. The more drivers grab the order, the more money they make; then Filecoin mining The same is true for mining. When users initiate storage requests on the Fil network, many miners will grab orders. If users pay through FIL tokens, storage miners will receive FIL rewards, that is, the more orders they grab, the more they can mine. The more FIL.
Here, Didi taxi drivers can be regarded as Filecoin miners, passengers can be regarded as users of IPFS distributed storage, and the taxi taxi system can be compared to the Filecoin network.
How does the mining revenue come from? V丨hugoschan
In Didi Taxi, many car owners will drive their cars out to provide taxi services. Passengers pay for the taxi, and the car owners can grab orders on the Didi platform and get paid for the car rental services. Similarly, in Filecoin mining, everyone shares their idle hard disk storage space to provide users with network storage services. Users pay FIL as a fee, and miners receive FIL by providing storage or retrieval services.
What is the difference between the two operating modes
There are indeed similarities in terms of operation mode, but there are differences in essence. The main difference is: After the Didi Dache market matures, the company will charge intermediary fees to make profits, while the Filecoin system is through the online exchange. , Let the market conduct free capital operation, the value of Filecoin is determined by the market supply and demand relationship.
Another important point is why the project team has repeatedly emphasized that Filecoin aims to ensure high-quality services and prevent serious data loss. In Filecoin mining, miners not only need to mortgage the promised storage service, but also must participate in the long-term In order to get the block reward of linear release, mortgage is to prevent evil and maintain network security, and linear release is for the long-term value of Fil. The value of fielcoin lies in its ecological construction, which is to provide effective data storage for global users. The officially designed mortgage mechanism, release mechanism, baseline, etc., are originally intended for the long-term development of filecoin. Like Didi Dache, when the platform first started, no one believed it, so they could only let others ride for free, and some drivers even ran empty cars in order to earn credit points, waiting for everyone to enjoy this convenient and fast service. The degree is high, and its market value also develops rapidly.
Filecoin mining is to provide storage and retrieval services. Hard drives that do not provide services are equivalent to idle. Just like Didi drivers who do not take orders, there will be no rewards. If you want more rewards, you must find users and provide better ones. Only by maintaining a good reputation will have more opportunities to win orders. As Juan said, the demand for data storage will increase by three times in the future, and it is advisable for the community to look for storage customer services, build applications, and consider long-term development.
Interstellar Data V丨hugoschan
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