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

Jimmy Lee

RT @wwwjim: I'm glad @Filecoin is so misunderstood as a network.

➝ a great alternative to bitcoin for store of value
➝ soon to have parity…

I'm glad @Filecoin is so misunderstood as a network.

➝ a great alternative to bitcoin for store of value
➝ soon to have parity with Ethereum through the FVM/FEVM
➝ the largest decentralized storage network in the world (approaching 20 exabytes of capacity)

future looks cool

RT @wwwjim: I'm glad @Filecoin is so misunderstood as a network. ➝ a great alternative to bitcoin for store of value.