Filecoin, as the incentive layer of the IPFS distributed storage Internet, attracts users to contribute storage resources, retrieval services and bandwidth resources to the IPFS Internet by issuing tokens FIL, thereby building a powerful new Internet.
Filecoin is positioned as a blockchain project that connects specific applications and is the infrastructure of Web3.0. Filecoin mining is a link or way for us to participate in the Filecoin infrastructure. In fact, in addition to mining, we can also participate in the Filecoin ecosystem.
In terms of the ecological application of Filecoin's upper layer, from its characteristics and functions, it is more suitable for businesses with loose writing time, low extraction frequency, and insensitive to extraction delay. In fact, it is more suitable for the storage of large files, such as the storage of large files on some personal network disks.
In fact, 95% of the data on the Internet is for this kind of demand, and only 5% is for high-frequency demand, so the biggest cost of hot data like 5% is not storage, but bandwidth. So for Filecoin, the most suitable is cold data storage that is not easily accessible.
Therefore, in these areas, we can lay out some basic components. It's like we don't know how to build cars, but we will improve the components of roads, traffic lights, traffic signs and other supporting facilities. Because when these are done well, you can have innovative soil in the upper application.
On the other hand, the integration of Filecoin and DeFi is also a key part of the ecology.
The integration of Filecoin and DeFi can be applied to Filecoin's lending and retrieval market, with the former dominating. Currently, tokens with the three signs of wFIL, renFIL and HFIL have appeared on Ethereum, connecting Filecoin and Ethereum 2.0 ecology.
Miners can obtain FIL tokens in this lending market for mining mortgages. The official website of Filecoin defines the integration of DeFi and Filecoin as DeFi+Filecoin=DeFil. At present, the integration of these two directions is likely to be one of the future development trends.
As the infrastructure of Web3.0, Filecoin technology and business continue to merge. In the next three years, what will the current mining machine vendors, exchanges, miners, and storage operators look like?
Specifically, mining machine manufacturers can transform from a pure hardware company to a professional integrated solution processing company, demonstrating their hardware and software integration solutions. Mining machine manufacturers need professional operation and maintenance teams and software and hardware development engineers, and top mining machine manufacturers need a separate algorithm team to study and solve the improvement plan of Filecoin mining algorithm.
The exchange has evolved into a digital financial enterprise, providing comprehensive one-stop financial services around the Filecoin ecosystem, including trading, financial management, asset management, derivatives, custody, insurance, etc. On the one hand, the exchange needs to enrich the product matrix to meet the various needs of the Filecoin ecosystem. The needs of users, on the other hand, are to create an inseparable partnership with the Filecoin ecosystem to reach the customer population in the ecosystem.
Storage operators. At this stage, most storage operators basically still use traditional cloud storage devices. In the future, distributed storage will become one of the options of application providers. Many Dapps will be connected to distributed storage networks like Filecoin.
So according to the future of distributed storage, how will storage operators evolve? One direction is to evolve into a professional distributed storage CDN enterprise, focusing on the rapid distribution of data and sharing resources, and providing customers with extremely fast downloading services. The prerequisite for this goal is to accumulate a certain volume of valid data early.
Finally, there are Filecoin miners, who are both the “gatekeepers” of network security and storage space renters. In addition to the technical operation and maintenance level, there is also how to attract customers to store data. It is necessary to attract customers to store data based on price, cost and product experience advantages.
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