Anyone who pays attention to Filecoin knows that the official has never announced a formal economic model. Many network economic parameters have been in the stage of modification and adjustment since the space race, such as the previous locked linear release mechanism and the number of pledged coins. Many changes. This design is understandable. After all, Filecoin is a pioneering project. Many things are divided by the exploration, and it is not suitable for locking all parameters across the board. V|jasonbody
Recently, Protocol Lab updated the design of Filecoin-Spec and the proof system. We have keenly captured a little detail in the details disclosed this time. That is Filecoin plans to increase the "network tax" on the basis of the original economic model.
How to understand this "Internet tax"?
In fact, it can be well understood from the literal sense that every message has to pay a certain fee for the network: it is all messages, whether they are sent by miners or users, all have to pay this fee.
Where did this fee go?
According to the information disclosed this time, this fee is not given to the miners as a transaction fee, but is directly destroyed. This means that on the basis of the current FIl burn volume, this network tax will also be burned. This new destruction mechanism will cause the total amount of FIL to continue to decrease, and it also means that the total amount in the Filecoin network continues to decrease! For Filecoin's economic model, the entire Filecoin network will enter the era of "deflation" in the future! I believe everyone can understand this signal, that is, the FIL you hold now will become more and more valuable in the future!
To give a most intuitive example, not long ago, OKEx announced the destruction of 700 million OKB that had not yet been issued, which led to a surge in OKB.
The big reason why Bitcoin is very valuable is that the total amount in the Bitcoin network is a constant 21 million. If its number is 210 million or 2.1 billion, then it can reach the current price. The individual is skeptical. There is no shortage of voices in the Bitcoin community for issuing additional Bitcoin, but every time it is overwhelmed by huge opposition. Because everyone knows the principle of "things are rare and expensive", and Filecoin's "network tax" this time will enable Filecoin to embark on this path.
The announcement of the official team’s news is undoubtedly a good thing for the community. This is also the official’s responsible attitude towards Filecoin. I believe that under the blessing of “deflation”, the value of Filecoin will rise steadily. New high!