"What makes Filecoin special"?
Juan expressed his views at the Storage Market Summit (SMS) hosted by ETH Global and Filecon .
When we talk about Filecoin, we need to think very deeply about the energy we consume. With Filecoin, we see one of the most energy-efficient networks, and it also provides real-world use cases that are vital to people. Filecoin is the first decentralized network that greatly reduces the storage price based on objective conditions and provides the same services as centralized storage. Using Filecoin to store files on IPFS is cheaper than storing files on Dropbox or AWS.
When we look at Filecoin's cost-effectiveness and its implications and the related technical architecture, I am confident about the following predictions: In the next ten years, Protocol Labs will become a larger and more important company, surpassing Google on a global scale.
When we talk about ecological growth, we should realize that for Ethereum and Bitcoin, from birth to growth, it took several years to start to have real relevant applications; ecological development has never been achieved overnight, Filecoin It may take several years to build the required applications, tools, wallet layer, connective tissue and other related applications to make Filecoin work better.
In fact, the development speed of Filecoin is generally acceptable. I encourage the community to be patient, but don't be too patient. Try to go out and build those important infrastructure components. You will release great value in the process. .
Juan hopes that companies can help and solve the practical problems currently encountered by the Filecoin ecosystem:
Imbalance between supply and demand. On the one hand, storage supply has achieved amazing growth, and there are now more than 1EiB storage space; on the other hand, we only use about 1PB of effective storage space on the network. Maybe we should pay people who store files to guide the network and increase demand.
Fixed service. We should establish white glove services to provide retrieval really quickly and ensure a certain degree of redundancy. These services need to be similar to Google Drive or Dropbox in terms of ease of use to make them suitable for the needs of the public.
Browser plug-in. Allows users to quickly click and save the content to a specific content hash or a set of specific hashes according to subject interests, so that users can accept and use Filecoin more quickly.
DeFi application. Filecoin and DeFi are a very good pairing, I believe we will see their scope soon and use the Filecoin network.
So, what makes Filecoin special? In essence, it is the nature of the Filecoin network "distributed storage, IPFS network incentive layer". Of course, the joint efforts of developers, miners, storage customers, etc. are the continuous driving force for the development and growth of Filecoin.
Investors who want to learn more about IPFS and Filecoin can follow the official website of the IPFS China Community: http://ipfs.cn