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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Resilience of decentralized networks are key for their survival. In the #Filecoin network, we have analyzed that the network can overcome many changes or attacks especially if power to the network were to decrease.

In this post, we model how Filecoin is resilient to significant…