Filecoin is a blockchain platform focused on decentralized data storage with built—in economic incentives for users. It is one of the main infrastructure projects of the Web 3 direction. The security and verification of data stored in the Filecoin network is provided by two consensus algorithms at once: Proof of Spacetime (PoSt) and Proof Of Replication (PoRep). Miners on the Filecoin network are responsible for storing and providing data.

Filecoin news today, FIL crypto latest news of token ticker

Filecoin

Twitter

Calling web3 founders! Join the InterPlanetary Consensus (IPC) Team in Istanbul on Nov 16 to discover the future of scalability on Filecoin.

Listen to @juanbenet & others as they reveal the revolutionary tech that'll power planetary-scale apps!

Register: https://t.co/qA6BEbFUI2

Calling web3 founders.