Definition of Filecoin Plus
On November 5, 2020, Filecoin established a fil-plus channel on slack, which allowed most people to get in touch with fil-plus. In fact, the concept of "effective data" has been discussed in many video conferences held before the mainnet launch. The 32-page "Creating the Filecoin Economy" also elaborated on the concept and necessity of "effective data".
Later, on the eve of the mainnet launch, the FIP-3 proposal, jointly written by five Filecoin officials, Alex Feerst, jbenet, JV, Tim Boucher, Zargham, and ZX, was released, officially proposing the concept of "Filecoin Plus".
FIP-3 renamed the "verified client" to Filecoin Plus. The verified client is now a Filecoin Plus client, and the verifier is now a Filecoin Plus notary. The effective computing power of verified clients can increase by 10 times.
In general, Filecoin Plus refers to an important proposal for value data storage. The proposal describes that nodes on the chain store the data of verified customers. After being reviewed by a notary, this part of the data will gain 10 times the effective computing power.
The four roles of Filecoin Plus
There are four major roles in Filecoin Plus, namely community governor, root key holder, notary and customer. Community governors are generally held by Filecoin officials, such as the Filecoin Foundation, which is mainly to shape specific rules and procedures, which can play a leading role.
The root key holder is the signer of the multi-signature on the chain, has the power to grant and delete notaries, and its responsibility is to exercise the decisions made on the community governance chain and take timely action on the final decision.
The notary is the trustee of the Filecoin network. According to the rules, DataCap is allocated to customers who meet the standards to subsidize the network's value data storage. The notary shall strictly follow the operating guidelines, record the decision-making process, and respond to any request for review of its allocation decision.
The customer group refers to the active participants of the network. In most cases, it refers to the storage customers on the Filecoin network. Customers can apply for DataCap quota from a notary and allocate DataCap to storage miners during the storage transaction to incentivize miners to provide Other functions and service levels that meet their specific requirements.
How to view Filecoin plus?
Filecoin is a distributed network designed to store the most important information of human society. The storage of effective data is the vision of the Filecoin network, and it is also the only way for the Filecoin network to continue to grow, carry commercial data, and land.
The goal of Filecoin Plus is to build a decentralized and useful storage network. By adding a layer of social trust and providing leverage for storage clients, Filecoin Plus provides additional incentives to store Filecoin Plus customer transactions, which can make the network more decentralized. And has accelerated the spread of high-quality services on the Internet.
Specifically, the launch of Filecoin Plus is conducive to incentivizing storage customers to store data in the Filecoin network. The more data the Filecoin network stores, the greater the value of the Filecoin network itself. The corresponding Filecoin value token FIL price Will be higher.
Because there is a weight of 10 times the effective computing power, it can also mobilize the enthusiasm of miners to find and store effective data, reduce the waste of storage resources, promote the storage of useful data for the network, and provide leverage for increasing the long-term value of the network.
Therefore, the launch of Filecoin plus is beneficial to storage miners, storage customers, and the Filecoin network. It is a win-win solution for all three parties.
In addition, it should be noted that although "valid data" is 10 times the computing power of unverified data, the block reward that can be obtained is also 10 times that of unverified data; however, pledges, mortgages, fines, etc. are all unverified data 10 times.
Therefore, iron strikes need to be hard. Regardless of whether it is an order for valid data, the prerequisite for miners to obtain block rewards to the greatest extent is that their technical strength is sufficient.