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

Filecoin's Watermelon Upgrade is live! 🍉 Network v21 brings transformative protocol improvements & FVM enhancements—a big step for storage providers to ensure seamless operations.

Check the community announcement for complete insights! 👇

Filecoin's Watermelon Upgrade is live.