Many friends who participated in the IPFS/filecoin project should often hear such a term-pledge coin, and many partners are not very clear about this concept. Today I am focusing on staking coins, let me explain to everyone what does IPFS staking coins mean? Why does IPFS need staking coins? Can the pledged coins be returned?
Before talking about pledged coins, we must first make it clear that filecion is essentially the incentive layer of IPFS. The purpose is to ensure the normal operation of the entire ipfs system. IPFS is mainly aimed at storage. The main purpose of filecion, the incentive layer of IPFS, is to ensure the security of stored files and to ensure that the corresponding files can be retrieved smoothly during retrieval.
Another thing to mention is that in Filecoin's economic model, a pre-collateral guarantee mechanism is specially introduced. In other words, if the miners involved in mining want to get incentives, they must deposit a certain amount of FIL as a "guarantee" before mining. Nowadays, only by staking fil coins, the effective computing power of the mining machine can be rapidly increased, thereby producing more fil coins.
So why should the government set up a pledge mechanism? First, to prevent the bad behavior of miners from the root cause, the pledge mechanism greatly regulates the behavior of miners, and promotes the healthy development and progress of the blockchain; secondly, vigorously improving the anti-attack ability of the Filecoin network is good for network security. Guaranteed.
The filecoin network is a decentralized distributed storage network. The development of the network is to store real and effective data on each node, which is our mining machine. At the same time, the establishment of a pledge mechanism requires the practice of staking coins to effectively eliminate miners with inferior technology and ensure the quality and stability of data storage; this is naturally also very useful for the stability of currency prices.
Finally, let me tell you: pledge also has a certain life cycle, the longest is 540 days, the shortest is 180 days. And when the life cycle is over, you don't have to worry about not getting the pledged coins back. At this time, you can return them all at once!
In general, the mechanism of IPFS pledge currency is relatively scientific and reasonable.
