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.

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Understand the role of FIL in the Filecoin economy and choose an exchange to purchase your FIL.

How to buy FIL

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Have you seen the @FilecoinTLDR guide to buy $FIL and use it in the Filecoin Virtual Machine (FVM)? filecointldr.io/how-to-buy-fil

With more apps launching daily that leverage FVMs power of smart contracts and verifiable storage, we need guides like this to simplify the user onramp.

https://filecointldr.io/how-to-buy-fil

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Have you seen the @FilecoinTLDR guide to buy $FIL and use it in the Filecoin Virtual Machine (FVM). filecointldr.