At present, the block height of the testnet is about to reach 148888, and the mainnet is about to go live. At this time, a piece of news has set off a lively discussion in the industry: the official announcement that although various measures have been adopted, it cannot solve the problem of insufficient pledged coins.
So far, the problem of insufficient pre-collateralized coins has finally been put before everyone's eyes . Previously, miners in almost every community were asking for test coins for this reason. Filecoin is on fire, but at present, all companies have stopped their promotion and sales of mining machines when they went online, more or less because of the shortage of pledge coins. But after the mainnet went live, this problem was finally exposed, and all miners must also face this problem. V| jasonbody
Therefore, all miners are currently facing an embarrassing problem: If Filecoin officially does not adjust the economic parameters before going online, based on the current situation, all mining machines on the entire network will basically be in a half-boot state. Due to the limitation of pledged coins, mining machines cannot be sealed at full speed. To put it another way, there is a surplus of Filecoin mining machines in the market, and there is a serious shortage of pledge coins.
The dispute about the initial pledge of Filecoin comes from the design of Filecoin, that is, if you want to start mining, the pledge amount of each sector (32G) is about the 20-day output of the sector, and 1FIL is online, which means that every additional 1T Effective computing power requires 32 FIL pledges.
According to the current pledge amount and the 180-day linear release period, and miners encapsulate 331,250 sectors at 10.6PB/day, the entire network needs 133,000 FIL pledges every day. However, miners across the network unlocked 21,000 FIL on the first day, 30,000 FIL on the 10th day, and 50,000 FIL on the 30th day. Another proposal that has not yet passed is to unlock 25% immediately, which is 1/4 of the 173,000 FIL, or about 43,250 FIL. In any case, it is far from the number of mortgage coins, so the entire industry is currently in short supply of mortgage coins.
This economic parameter designed by Filecoin puts a lot of pressure on miners, and the miners are facing a sudden increase in costs when they are about to start mining, so they have expressed dissatisfaction. Although Filecoin's incentive mechanism has been adjusted, this situation is difficult to avoid, so it is expected that some manufacturers may adjust related policies in the future.
Faced with the above problems, different manufacturers have different responses. 1475 is the relevant policy that will be disclosed after the mainnet is launched; Timespace Cloud said that the initial pledge will help users provide it, and the later users will need to mortgage themselves after digging out, and all cloud computing power customers will be handled by the company; Starland said that the policy is the same as the Force Zone Similarly, the mortgage currency is advanced by the company. The main reason may be the different response brought by the scale, sales price and strategy.
According to relevant data, after the launch of the mainnet, early investors unlocked 351,000 FIL per day, and the official release per day was 182,500. However, they promised that they will not sell in the early stage and investors’ FIL will become the main pledged currency. source. Currently OKEX, Huobi and other exchanges have announced support for FIL. In view of the urgent needs of miners for FIL, FIL put into the market by private equity investors will be robbed by all miners. Therefore, after the mainnet launch, the price of FIL will rise, and even one currency will be difficult to find.
In this way, the situation faced by the miners is even more embarrassing, because the source of the pledged coins for the miners is also from the early investors in the market. If the currency price soars, miners will encounter tremendous pressure, so miners may have to pass these pressures on to customers or retail investors.
In addition, some miners have also moved their wrong thoughts, that is, "If the storage speed is reduced by 10 times, then only 0.49 pledge coins need to be submitted per day, so that the pressure to advance the pledge coins will be greatly reduced, but it is necessary to deposit a full M9. It takes 900 days to be uneconomical for the customer, and from the perspective of integrity, it is impossible to secretly operate without the customer."
Given that everyone has sold a large number of mining machines and cloud computing power before, it is difficult to guarantee that this method will not be adopted if there are not enough pledge coins.
In this context, some miners are considering forking and named it filecash. But currently there are not enough participants. However, due to the complexity of the overall mechanism of the Filecoin network and some bugs in the main network, there are many doubts about the fork.
At present, almost all miners are complaining about the strict official mechanism, which is too good for officials and early investors. However, because early miners sold a large amount of cloud computing power and mining machines, the capital side still has some strength. So let us wait and see.