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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CryptoEconLab🥕

RT @cryptoeconlab: What are the impacts of @Filecoin's timing and impact of crossing the baseline storage target from above?

Time for a Cr…

What are the impacts of @Filecoin's timing and impact of crossing the baseline storage target from above?

Time for a CryptoEcon🧵

RT @cryptoeconlab: What are the impacts of @Filecoin's timing and impact of crossing the baseline storage target from above.