In the past, the block chain technology, is the main force calculation means for calculating the contribution of miners, mine operators force by the computing speed of the machine influence, the greater the force calculation, computing faster, the higher the miner's earnings.
In such incentives, the miners will put more force calculation to get more revenue, resulting in a tremendous waste of computing resources and electrical energy.
Filecoin agreement fundamentally avoid the drawbacks of such conventional block chain, which IPFS as a reward layer, designed to encourage miners to invest more storage space and network bandwidth, so as to effectively utilize the existing world plenty of free storage space, shared bandwidth resources . This not only increases the value of Filecoin system, but also speed up the construction of IPFS distributed data storage network.
So, the project involved the construction of IPFS miners and what specific type it?
In Filecoin network system where there are two types of miners, are stored and retrieved miners Miner. Filecoin reward system is built on the memory of miners, miners and retrieve the user's interaction.
Miner store, retrieve user exchanges miners using Filecoin system tokens, i.e. FIL credits. FIL currency is the key to the whole Filecoin drive economic system operation. FIL total amount of money to two billion, the designers took into account the economic development of the technology curve, setting a six-year half-life way.
The first initial tokens rely on a flow of miners mining behavior, the user must first buy tokens to use Filecoin payment system storage and traffic costs.
We can store and retrieve the miners miners simply understood as Filecoin system of "migrant workers", FIL coins after their hard labor income "wages", the user is Filecoin system of "consumer."
But Filecoin economic system, the storage and retrieval of miners miners constitute income is completely different, in Filecoin economic system There are four miners revenue model:
▎1, issuing new currency earnings
to store and retrieve the miners miners to get Filecoin new currency by investing in storage and bandwidth services. It belongs to the early mining bonus.
▎2, storage earnings
storage miners provide storage space available for sale to the network through a portion of the mortgage token, the storage space is purchased users can get transaction fees paid by users.
▎3, retrieval income
retrieve the miners to provide data retrieval service network, to sell their network bandwidth and make trades by looking for user downloaded data required to obtain data download fees paid by users.
▎4, block chain gains
stored miners fight for a new block available two kinds of income. One is the new currency of packed blocks generated; the other is the transaction cost within blocks of all transactions included.
For storage miner, his income is composed of three parts, namely payment of income, storage income and earnings blocks for the new currency. Which issued new currency earnings and revenue block is obtained at Filecoin consensus mechanism to monitor. (Filecoin consensus mechanism is different from other critical elements of the block chain project, is also IPFS ecological advantages, the most important is the healthy development of IPFS file system, we will be fine for everyone sectional Filecoin consensus in the next article mechanism.)
Miner is different from the storage, retrieval miner's revenue model is relatively simple, they do not participate in Filecoin consensus mechanism can not obtain a new currency income distribution. We can only provide services to retrieve the user's orders, and to obtain a transaction token. But with the growing IPFS construction, Filecoin use increasingly wide scale, the number of search orders will show an increasing trend, retrieve earnings of miners will be growing. In addition, for a number of popular file downloads and high-file download services to retrieve the miners will return more to retrieve data downloads directly proportional to the benefits and miners IPFS system.
Filecoin long-running system thanks to retrieve the miners, miners and store user dealings, they are self-balancing Filecoin system, self-healing, and gradually establish a robust distributed storage network, to build a better and more comprehensive IPFS ecosystem. Heng cloud is committed to promoting the establishment of a safer, more confidential, centralized data storage to the value of network services including storage, data center, hosting, data support, application development, knowledge services for different levels of players IPFS ecosystem, etc. including full three-dimensional service, to do the most forward-looking IPFS service providers.
