Recently, the currency circle has entered a big bull market, and FIL has continued to shrink in volume, but Filecoin is still in the cycle of "staking-mining-block production". There is only a pledge demand, there is no real storage business demand, and the pledge demand cannot accept extremely high currency prices, so the FIL price still has not risen significantly.
When the price of the coin is lower, the cost of the initial pledge is lower, and the pressure on miners to invest will be greatly slowed down, which will encourage more new miners to enter, and old miners will continue to invest. Filecoin's basic network will continue to expand and expand.
You may have heard that some leading Chinese companies (such as Alibaba, Huawei and JD.com) have begun to embrace the IPFS system, and many local governments in China also welcome distributed storage solution providers to deploy their businesses locally. Because they believe that distributed storage systems are a trend, not just a short-term boom, some local governments and leading companies are willing to participate in this game.
These local governments will not only provide low-cost Internet data centers for participating operators, but may even provide them with some tax incentives, as long as they are engaged in distributed storage business.
One more interesting thing is that Filecoin is more famous and popular than Bitcoin in China's third- and fourth-tier cities. Due to IPFS-related publicity, even though Protocol Labs has never officially visited China, Filecoin is now even more famous than Bitcoin.
So why do you say that the earlier you participate, the better?
1. Filecoin enters the era of EiB storage. There is no risk in the IPFS industry. It is risky to choose which company or project.
At present, the data is open and transparent, and many companies have not participated in the C-end users, and the participation of small companies has made investors' capital security and income unprotected, and Filecoin mining channels have continued to deflate.
2. From two simple perspectives, IPFS is currently the most likely project to compete with BTC.
One is that in addition to the influx of investors, IPFS can really push users and participants to dig deeper into the basic principles of blockchain technology, which is incomparable to any short-term enrichment effect (such as Defi or liquidity mining) of.
The second is that the IPFS white paper envisages the establishment of an interplanetary file system to provide people all over the world with a safe, efficient, and fast distributed storage track and efficient data storage.
3. In the economic model, in order to allow early miners to pay more dividends, the government established a very complex economic model.
For example, pledges, periodic release rules, storage data release mechanisms, etc., are to better balance the interests of the latter and achieve long-term stable ecological development.
4. The threshold for investors has become higher, and retail investors can only participate in FIL investment in the secondary market, and they are likely to become recipients rather than distributors.
5. The historic move of Filecoin's effective data storage has broken the history of effective data storage in the blockchain field and opened up new horizons for effective data, effective applications, audio, UI, file storage and retrieval.
6. The POST consensus algorithm used behind Filecoin is the highest level of current blockchain technology and is the final trend of CDN and edge computer development in the Internet 3.0 era.
7. The economic model of Filecoin should be an abnormal rule setting in the current market.
From the perspective of top-level design logic, IPFS officials have both high technical barriers and strong awareness of disk control, and have a very clear and confident technical plan for the realization of the future high-performance TPS chain.
8. Full storage power
Filecoin full storage computing power product is the Filecoin computing power business launched by Interstellar Data, focusing on Filecoin mining. V丨hugoschan
Filecoin will definitely build its own distributed storage empire step by step toward the vision of the white paper, so the sooner Filecoin is deployed, the better.