Western World According to news sources, on March 10, local time, the US Federal Reserve's $1.9 trillion fiscal stimulus bill was passed by the House of Representatives. U.S. stocks were greatly boosted and the Dow closed at a record high. On the morning of March 16, local time in Japan, Huobi Japan CEO Chen Haiteng was invited to attend the FIN/SUM 2021 summit jointly organized by the Japan Business News and the Financial Services Agency. Chen Haiteng expressed his opinion at the meeting, saying, “Digital assets are more than just investment. Tools are one of the new infrastructures to promote economic and social development." The collision of two different currency systems, one is looting the wealth of the Chinese, while the other is filling the wallets of the Chinese.
Then the western world will talk about digital assets as a new infrastructure that promotes the development of today's economy and society?
On November 22, 2019, in order to help the reconstruction of Shuri Castle in Okinawa Prefecture, Japan, Huobi Japan launched a blockchain-based digital asset donation website. This is the first time Huobi has tried the "blockchain + charity" model. The field of public welfare is a classic application scenario of blockchain technology. Blockchain technology provides a fundamental trust mechanism for the public welfare industry, reconstructs the trust system in the digital age, and then changes people’s production and life. V|Mariobtc understands Filecoin mining Detailed plan of the mine.
The specific application of blockchain technology to charity scenarios means that whether it is in the process of fundraising or in the process of distributing relief goods, third parties may no longer be required to participate, and donors no longer need to pay attention to charities and charities. Charitable organizations fully trust, and the entire charitable donation system will be owned and maintained by all donors and beneficiaries.
In addition to relying on blockchain technology to develop today's economic society, Filecoin is the cornerstone of promoting the digital economy.
Blockchain is a database storage technology with full transaction history that is difficult to tamper with. With the popularization and development of blockchain, the data scale of blockchain will become larger and larger, and the data integration of blockchain in different business scenarios will also Further expand the scale and richness of data.
However, although blockchain data provides data integrity, there are very few data that can be uploaded to the blockchain, and all current applications of blockchain technology do not involve data storage.
In fact, the development of blockchain technology has promoted the arrival of an era of Internet of Everything, and our lives will be more convenient, smart and better. In such an era, data has become increasingly large and precious, and identifying and storing valuable data has become a new era problem. To truly solve the problem of data storage, it is definitely no longer as simple as building a few large data centers, but to find new underlying solutions for data storage.
IPFS may be the most needed bottom solution for data storage in the entire era.
IPFS uses peer-to-peer (P2P) technology for data transmission and download. Each node can be used as a data cache. The more nodes there are, the faster the transmission speed, and the bandwidth usage cost can be saved by nearly 60%. In addition, IPFS is a storage mode based on content addressing. The same file will not be stored repeatedly. It will squeeze the excess resources, including the release of storage space, and the cost of data storage will be reduced.
Therefore, IPFS can not only greatly reduce the cost of data storage and download, but also the more nodes the faster the access speed.
And Filecoin, as the incentive layer of IPFS, appeared in order to promote the sound development of the IPFS ecology.
Filecoin uses IPFS technology to store files in fragments, multiple nodes save file fragments at the same time, and the network has backups. This means that even if there is one node left to save my file, I can restore my original file information.
Filecoin is a leader among the digital "new infrastructure". Its main network is based on a point-to-point hypermedia transmission protocol. Storage expansion supports tens of millions of nodes concurrently. The combination of big data flow and big storage is the accommodation for massive and high-speed growth of data. The place. The built-in IPLD protocol stack supports Filecoin's distributed file system attributes with version control. It is more friendly to file additions, deletions, and changes than a centralized file system, and provides self-verification for data.
With the development of the Filecoin ecosystem and the further in-depth implementation of the commercialization logic, Western World believes that Filecoin will have the ability to truly compete with traditional storage services and achieve true value storage.