For a long time, Filecoin has always taken the storage of real and valuable data as its original intention. In order to achieve this goal, Filecoin uses the Filecoin Plus proposal to incentivize the entire network to store valuable data. So what is Filecoin Plus? What is 10 times the effective computing power?
Filecoin Plus was renamed from the "verified customer" program in the FIP-0003 proposal. Simply put, the customer submits the data to the network for verification. After the verification is passed, the miner who stores this part of the data will get 10 times the computing power.
For example, after a customer submits its 1T data for network verification, the miner who stores the 1T data will get 10T effective computing power. But at the same time, the pledge and punishment are also 10 times.
In the process of implementing Filecoin Plus, four types of roles are involved:
community governor: mainly responsible for formulating specific rules and procedures;
root key holder: signer of multi-signature on the chain, with the power to grant and delete notaries ;
Notary: According to the rules, DataCap is allocated to customers who meet the standards to subsidize the storage of network value data;
Customers: Active participants of the network apply for DataCap quotas from the notary, and allocate DataCap to the process of storage transactions Storage miner.
Among them, DataCap is similar to the verified data quota, storing data marked with DataCap can get 10 times the computing power. Different levels of notaries have DataCap with different quotas. After the DataCap allocated by the notary is consumed, they need to apply again.
(DataCap quota for notaries of different levels)
1. Apply to become a notary public
Submit an application for a notary public and answer the relevant questions that are qualified to become a notary public.
2. Community scoring review The
governance community will score potential notaries according to specified conditions, and approve the allocation of a fixed amount of DataCap to notaries after obtaining qualifications.
3. The notary public accepts the client verification request. The
notary public receives the data verification request from the client, and after reviewing the client data, allocates DataCap to the client in accordance with relevant principles.
4. The customer issues a storage order. After the
customer receives the DataCap allocated from the notary, he selects a suitable miner to store the data.
5. Miners receive orders for storage.
Miners receive the data marked with DataCap, complete the order, and obtain 10 times the effective computing power.
6.
Reapply When customers need more DataCap, they can reapply to the notary for distribution.
(Interaction between the roles of Filecoin Plus)
In the storage market, these verified data can be queried in the block explorer. The order that has been verified to be true is assigned DataCap, and the data of this part of the order is stored, and the effective computing power will be 10 times.
(The above is a list of stored market orders)
Therefore, for miners, to obtain 10 times the effective computing power, they need to store the verified data, and this part of the data is the real and valid data.
Filecoin Plus was proposed on October 13, 2020. It is still in the review and revision period and has not been officially implemented. The incentive mechanism of 10 times effective computing power will help advance the goal of network storage of real and effective data. Real data storage requirements will also promote the construction of Filecoin's decentralized high-value storage network. Filecoin Plus is worth the expectation of all network participants.