The original intention of Filecoin was to serve as the incentive layer of IPFS. Its essence is a data storage network, which mainly relies on nodes in the network to participate in storage and retrieval activities in the market. V|jasonbody
Recently, the official building on the basis of the Filecoin protocol is a tool that is easy for end users to use, which is convenient for users to store and share files. Among them, the most exciting and exciting is Slate. It is an open source storage system based on Filecoin, and Filecoin was born to encourage application storage programs for collaboration and research across distributed networks.
The creation of Slate means that the Filecoin network is exploring forward development, trying to develop multiple uses of data. The network is powered by IPFS, Filecoin, and Textile, and is open and available to everyone for data storage and transactions. The birth of Slate is the crystallization of more than ten engineers, designers and developers after more than ten months of hard work. When the program was released in September 2020, it had loaded more than 200 GiB of real data.
Miner's search revenue
Retrieval miners in the network are generally performed by nodes that store data, because retrieval miners require a certain amount of data and a large amount of bandwidth as the basic hardware requirements, and these storage nodes are basically available. The search miner obtains the FIL paid by the user by quickly providing the file that the client wants.
The user generates a retrieval order by entering a hash password. The Filecoin system will match the order and hand the request to a specific retrieval miner. In the process of searching for the retrieval miner, the system will have certain algorithm support, such as considering the network location of the miner. Note: This does not refer to a geographic location, but a location in cyberspace.
After receiving the order from the system, the retrieval miner uses Filecoin's index structure- distributed hash table to find files for customers.
Since the files uploaded to the network exist in fragmented form, every time a miner sends a fragment of a file to a client, he will get a part of the reward paid by the user. The reward is finally paid to the search miner in the form of FIL. Digital wallet.
When the files are all sent, the retrieval miners will also get full benefits. Judging from the process described above, the retrieval miners in the Filecoin network essentially provide their own bandwidth resources.
Search market operations
Judging from the current operation of Filecoin's network, most of the retrieval miners will be assumed by storage nodes. Retrieval miners are not limited to obtaining data through Filecoin, but can also be temporarily freely obtained on IPFS or servers.
The retrieval market is also very different from the storage market. It can completely realize off-chain operations. This means that when IPFS/Filecoin reaches a certain level of maturity, search miners can rely on huge data resources to form a huge search market demand. By then, search miners that provide services for popular data will be available all over the world and operate efficiently.